October 30, 2019
Condor Arranges $200,000 Private Placement Financing

 Vancouver, B.C., October 30, 2019 - Condor Resources Inc. - ("Condor" or the "Company") (TSXV:CN) is pleased to announce that it has arranged a non brokered private placement to raise gross proceeds of up to $200,000. Closing is subject to regulatory approval, and is anticipated to occur within five business days.

The private placement will consist of 4 million units priced at $0.05 per unit, with each unit consisting of one common share and one share purchase warrant. Each warrant will be exercisable at $0.10 into one common share for a period of three years. No commissions or finder's fees are payable on the private placement.

All of the securities issued pursuant to this private placement will be subject to a four month hold period. Proceeds will be used for working capital.

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.


Lyle Davis,
President & Chief Executive Officer

For further information please contact the Company at 1-866-642-5707, or by email at

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.

You can view the Next News Releases item: Tue Nov 12, 2019, Condor closes $200,000 Private Placement

You can view the Previous News Releases item: Fri Jun 7, 2019, Condor Makes Application to Extend Warrant Expiry Date

You can return to the main News Releases page, or press the Back button on your browser.