10:04:27 EDT Fri 19 Apr 2024
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or Name
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Condor Resources Inc
Symbol CN
Shares Issued 81,203,241
Close 2015-01-26 C$ 0.045
Market Cap C$ 3,654,146
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Condor Resources appoints Younie CFO, grants options

2015-01-27 17:02 ET - News Release

Mr. Lyle Davis reports

CONDOR ANNOUNCES CFO APPOINTMENT, AND GRANT OF STOCK OPTIONS

Condor Resources Inc. has appointed Jonathan Younie as chief financial officer, effective Jan. 27, 2015. Since 2006, Mr. Younie has been the manager, corporate finance and accounting, of the New Dawn Group, an investment and financial consulting firm located in Vancouver, B.C., and a director and/or officer of various TSX Venture Exchange-listed companies. New Dawn is primarily involved in corporate finance, merchant banking and administrative management of public companies. Prior to joining New Dawn, Mr. Younie held accounting positions at private and public companies including Ashton Mining of Canada Inc. He currently serves as the CFO of Tyner Resources Ltd. and Gstaad Capital Corp.

Mr. Younie takes over following the resignation of John Watt, who has been with the company since 2009. "On behalf of the board of directors, I want to thank John for his sound advice and contributions to the company," stated Lyle Davis, president and chief executive officer. "I am pleased to announce that John has agreed to join the company's advisory board."

The company also announces that it has granted 1.75 million stock options to directors, officers, employees and consultants of Condor. The options were granted for a period of five years, expiring Jan. 27, 2020, and each option will allow the holder to purchase a common share of Condor at an exercise price of five cents.

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