Condor Resources Announces $1.5 Million Private Placement

Condor Resources Inc. announced a non-brokered private placement of up to 12.5 million units at a price of $0.12 per unit, aiming to raise up to $1.5 million. The funds will support exploration projects and general corporate purposes. Investors will receive a common share and a half warrant for each unit, with warrants exercisable at $0.15 or $0.20, depending on timing.

The offering is under Canada's Listed Issuer Financing Exemption, excluding Quebec. A four-month hold period applies to insiders participating. Closing is anticipated around April 30, 2025, subject to regulatory approval.

Potential finder's fees include a cash commission and warrants. The offering excludes U.S. investors, and securities remain unregistered under U.S. laws. Full details are available on Condor's website.