Condor Resources grants options to buy 4.57M shares
2022-12-09 15:32 ET - News Release
Mr. Lyle Davis reports
CONDOR ANNOUNCES GRANT OF STOCK OPTIONS
Condor Resources Inc., subject to regulatory approval and vesting provisions, and pursuant to its stock option plan, Condor has granted stock options to certain directors, officers, employees and consultants to purchase an aggregate of 4,575,000 common shares of the company at a price of 11 cents until Dec. 5, 2027.
About Condor Resources Inc.
Condor is an active explorer focused exclusively on Peru, supplemented by a project generator and royalty model designed to generate exploration capital whilst minimizing shareholder dilution. The company's objective in advancing its portfolio of projects is the discovery of a major new precious metals or base metals deposit in Peru. Project acquisition and exploration activities are managed by the company's Lima-based exploration team.