Condor Resources Amends Payment Agreement
Company Announcements

Condor Resources Amends Payment Agreement

Condor Resources (TSE:CN) has released an update.

Condor Resources Inc. has renegotiated the terms of a significant payment with Element79 Gold Corp. regarding the Lucero project. A portion of the March 2024 payment has already been made, with further cash payments and share units to be settled upon the sale of Element79’s Maverick Springs project and at a later date, including additional fees for the rescheduled payment. Condor continues to focus on discovering major new mineral deposits in Peru through its exploration and royalty model.

For further insights into TSE:CN stock, check out TipRanks’ Stock Analysis page.

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