Condor Announces Rescheduled Payment Date With Element79 Gold Corp.
Condor Announces Rescheduled Payment Date With Element79 Gold Corp.
VANCOUVER, BC / ACCESSWIRE / December 20, 2022 / Condor Resources Inc. - ("Condor" or the "Company") (TSXV:CN) announces that it has reached agreement with Element79 Gold Corp. ("Element79") to revise the next payment date with respect to the Lucero project. In June 2022, Element79 became the sole owner of Calipuy Resources Inc., ("Calipuy"), and assumed Calipuy's obligations with respect to Calipuy's agreement to acquire the shares of Condor's subsidiary, Minas Lucero del Sur S.A.C., the owner of the Lucero project. (see Condor's news release of January 7, 2021).
温哥华,卑诗省/ACCESSWIRE/2022年12月20日/秃鹰资源公司-(“秃鹰”或“公司”)(多伦多证券交易所股票代码:CN)宣布,它已与Element79 Gold Corp.(“Element79”)达成协议,修改关于Lucero项目的下一次付款日期。2022年6月,Element79成为卡利佩资源公司(“卡利佩”)的唯一所有者,并承担了卡利佩就卡利佩收购秃鹰子公司Minas Lucero del Sur S.A.C.股份的协议所承担的义务,Minas Lucero del Sur S.A.C.是卢塞罗项目的所有者。(见秃鹰2021年1月7日的新闻稿)。
Condor and Element79 have agreed to reschedule the U$300,000 payment due December 21, 2022 into two payments. The first payment of US$100,000 is now due on or before January 31, 2023, and the balance of US$200,000 is due on or before March 31, 2023. As consideration for the rescheduled payments, Element79 will issue 250,000 shares to Condor. All other terms of the sale of Minas Lucero del Sur S.A.C. remain unchanged.
秃鹰和Element79已同意将2022年12月21日到期的30万美元付款重新安排为两次付款。第一笔10万美元的付款将于2023年1月31日或之前到期,余额20万美元将于2023年3月31日或之前到期。作为重新安排的付款的对价,Element79将向秃鹰发行25万股。出售Minas Lucero del Sur S.A.C.的所有其他条款保持不变。
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. Our objective in advancing our 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.
秃鹰是一家专注于秘鲁的活跃勘探商,并辅之以项目生成者和特许权使用费模式,旨在产生勘探资本,同时将股东稀释降至最低。我们推进项目组合的目标是在秘鲁发现一个重要的新贵金属或贱金属矿床。项目收购和勘探活动由公司位于利马的勘探团队管理。
ON BEHALF OF THE BOARD
我代表董事会
Lyle Davis,
President & Chief Executive Officer
莱尔·戴维斯
总裁&首席执行官
For further information please contact the Company at 1-866-642-5707, or by email at info@condorresources.com
欲了解更多信息,请联系公司,电话:1-866-642-5707,或电子邮件:info@condorresource ces.com。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
多伦多证券交易所创业板交易所及其监管服务提供商(该术语在多伦多证券交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
SOURCE: Condor Resources Inc.
资料来源:秃鹰资源公司