Mr.
Lyle Davis reports
CONDOR RETAINS RENMARK FINANCIAL COMMUNICATIONS, COMPLETES SHARES FOR DEBT SETTLEMENT
Condor Resources Inc. has retained Renmark Financial Communications Inc. of Toronto to support its investor relations activities.
"We selected Renmark to reinforce Condor's profile in the financial community and enhance the visibility of our company as we feel Renmark's standards and methodologies fit best with the message we wish to communicate to the investing public," noted Lyle Davis, president and chief executive officer of Condor.
In consideration of the services to be provided, Renmark will receive $5,000 monthly in cash consideration, commencing June 1, 2017, for a period of six months ending Nov. 30, 2017, and monthly thereafter. Renmark does not have any interest, directly or indirectly, in Condor Resources or its securities, or any right to acquire such an interest.
The company also wishes to announce that it has received regulatory approval to settle $111,180 in accounts payable by the issuance of 1,482,000 shares at 7.5 cents per share, as announced April 21, 2017. The shares are subject to a four-month hold period which expires Sept. 11, 2017.
Condor is a project generator focused exclusively on Peru, and the company's objective is the discovery of a major new precious metal or base metal deposit.
We seek Safe Harbor.
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