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Bullboard - Stock Discussion Forum Condor Resources Inc V.CN

Alternate Symbol(s):  CNRIF

Condor Resources Inc. is a precious and base metals exploration company focused on its portfolio of projects in Peru. The Company’s flagship Pucamayo project is located 185 km southeast of Lima and covers an area of approximately 85 square kilometers (km2). Its other project includes Chavin, Soledad, Quriurqu, Huinac Punta, Humaya, Andrea, San Martin, Quilisane, Rio Bravo and Cobreorco. The... see more

TSXV:CN - Post Discussion

Condor Resources Inc > This must be the NEWS things are changing...
View:
Post by Magnum2 on Dec 09, 2022 3:41pm

This must be the NEWS things are changing...

 

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.

Comment by Crashcomingsoon on Dec 09, 2022 4:01pm
And they deserve it after all of their hard work and accomplishments which is zero, zip nada.  I would think Condor is running low on cash.  When do they get another payment?  Management should feel very comfortable in the current work from home environment.  They've been doing that for years.  You can't get much mining done that way.
Comment by ALTEL on Dec 09, 2022 7:06pm
Hummmm   I’ve been telling myself for months when they issue insider options the game will be on   3.6 million .12 options expired on sept 21   Low on cash? I don’t think so   “At August 31, 2022, the Company had cash and cash equivalents of $987,933”
Comment by shelby2 on Dec 09, 2022 7:35pm
so still not 1million of cash, so why options now when nothing being done yet?
Comment by KenGPS on Dec 09, 2022 9:48pm
Not really new options. Their options expired recently. So, just re-issuing basically what they lost.
Comment by nenohav on Dec 10, 2022 1:55am
This post has been removed in accordance with Community Policy
Comment by shelby2 on Dec 11, 2022 10:37am
hoping things are changing and we hear good news this week on getting acess to property. fingers crossed
Comment by KenGPS on Dec 11, 2022 1:37pm
I think the vote for new village President happens this week from what I hear.
Comment by femos72 on Dec 10, 2022 12:22am
This post has been removed in accordance with Community Policy
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