sur Condor Resources Inc. (CVE:CN)
Crescat Capital Invests in Condor's $1.5 Million Private Placement
Condor Resources Inc. announced that Crescat Capital LLC will participate in its LIFE Offering Private Placement, contributing $500,000. This investment is part of a larger $1.5 million initiative announced recently. Crescat's involvement underscores their strategic support for Condor's exploration efforts in Peru, particularly at the Huinac Punta and Pucamayo projects.
Crescat's Founder, Kevin Smith, emphasized the potential for significant metal discoveries in Peru, a region known for high-grade gold systems. Condor's CEO, Chris Buncic, expressed gratitude for Crescat's continued support, highlighting the advancement of key projects.
The capital raised will focus on exploration and corporate provisions. Despite forward-looking statements, risks remain, including market and price fluctuations. Regulatory approvals from TSXV are pending.
R. P.
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