Condor Resources Announces Grant of Stock Options and Psus
TSXV:CN WWW.CONDORRESOURCES.COM
CONDOR RESOURCES ANNOUNCES GRANT OF STOCK OPTIONS AND PSUS
Vancouver, B.C., June 18, 2025 - Condor Resources Inc. ("Condor" or the "Company") (TSXV:CN)
announces that further to its news release dated April 15, 2024, Condor has granted 2,000,000
performance share units (each, a “PSU”) to a holding company controlled by Mr. Chris Buncic,
the Company’s President and CEO, pursuant to the Company’s Omnibus Equity Incen Ɵve Plan
(the “Plan”). Such PSUs will vest over a period of Ɵme beginning on the date of grant and ending
on April 10, 2027 (inclusive), subject to the achievement of certain corporate and/or individual
performance criteria.
Subject to regulatory approval and ves Ɵng provisions, and pursuant to the Plan, Condor has
granted stock op Ɵons to certain directors, officers, employees and consultants to purchase an
aggregate of 2,500,000 common shares of the Company at a price of $0.20 and 500,000
common shares of the Company at a price of $0.12 unƟl June 17, 2030.
About Condor Resources Inc.
Condor Resources is a precious and base metals exploraƟon company focused on its porƞolio of
projects in Peru. The Company’s flagship project, Pucamayo, is an 85 km 2 property containing a
high sulfida Ɵon epithermal system with disseminated precious metals mineraliza Ɵon with a
large lithocap altera Ɵon visible at surface. The Huiñac Punta project, a 7,200 Ha property in
Huanuco, Peru, has the poten Ɵal to host a large carbonate replacement style (CRD) silver-
dominant polymetallic mineralized body with the potenƟal for discovery of a bulk tonnage silver
and base metals deposit. The Company has also opƟoned the Cobreorco project which targets
gold-copper skarn and porphyry- style mineralizaƟon to a subsidiary of Teck Resources Limited.
The Company’s award- winning explora Ɵon team in Peru has a long history of success in
discovering and advancing high quality explora Ɵon projects and managing the social aspects of
its exploraƟon acƟviƟes.
For more informaƟon, please visit the Company's website at www.condorresources.com.
Follow Condor Resources (@CondorResources) on X and (@condor-resources) on LinkedIn.
ON BEHALF OF THE BOARD
Chris Buncic
President & Chief ExecuƟve Officer
For further informaƟon please contact the Company at 1-866-642-5707, or by email at
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of applicable
securiƟes law. Forward-looking statements are frequently characterized by words such as “plan”,
“expect”, “project”, “intend”, “believe”, “an Ɵcipate”, “es Ɵmate” and other similar words, or
statements that certain events or condi Ɵons “may” or “will” occur. Such forward-looking
statements include, but are not limited to the Company’s expectaƟons with respect to the use of
proceeds raised under the Offering.
Although the Company believes that the expecta Ɵons reflected in applicable forward -looking
statements are reasonable, there can be no assurance that such expecta Ɵons will prove to be
correct. Such forward- looking statements are subject to risks and uncertain Ɵes, including risks
associated with the business of mineral explora Ɵon and development; con Ɵnued availability of
capital and financing; general poliƟcal and economic condiƟons, fluctuaƟons in metal prices and
other market-related risks, including any vola Ɵlity in the Company’s share price , that may cause
actual results, performance or developments to differ materially from those contained in such
statements. Therefore, readers are cau Ɵoned not to place undue reliance on forward -looking
statements and forward-looking informaƟon. Condor does not assume any obliga Ɵon to update
or revise its forward- looking statements, whether as a result of new informa Ɵon, future or
otherwise, except as required by applicable law.
Neither the TSX Venture Exchange nor its RegulaƟon 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.