Strategic Investor Crescat Capital to Participate IN Condor'S Private Placement of up to $1.5 Million
TSXV:CN WWW.CONDORRESOURCES.COM
STRATEGIC INVESTOR CRESCAT CAPITAL TO PARTICIPATE IN CONDOR'S PRIVATE PLACEMENT
OF UP TO $1.5 MILLION
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES
Vancouver, B.C., April 15, 2025 - Condor Resources Inc. ("Condor" or the "Company") (TSXV:CN)
is pleased to announce that Crescat Capital LLC (“Crescat”), a strategic institutional shareholder
of Condor, will participate in the Company’s LIFE Offering Private Placement of up to $1.5 million
announced in Condor's April 14, 2025 news release. Crescat will subscribe for $500,000 of the
private placement through Crescat Portfolio Management LLC on behalf of its Pooled Investment
Funds. Additional insiders will also subscribe for a significant portion of the private placement.
The Company intends to use the net proceeds raised from the LIFE Offering for exploration at the
Huinac Punta Project, the Pucamayo Project, and for general corporate purposes.
Kevin Smith, CFA, Founder and CEO of Crescat Capital LLC, commented: “At Crescat, we provide
capital to drive discovery across a global portfolio of exploration-focused mining companies. We
invest only in teams with the technical expertise and leadership strength to deliver, and Condor
fits that criteria. Our goal is to help our partners make world-class, high-margin metal discoveries
in top-tier mining jurisdictions. Peru is a proven district for high -grade epithermal gold systems
with the potential to develop into significant, profita ble operations, such as at Yanacocha and
Pierina. We believe Condor has a real opportunity to uncover the next major gold discovery in
this prolific region.”
Chris Buncic, President and CEO, added, “We are greatly appreciative of the c ontinued support
and strong participation from our strategic investor, Crescat Capital, as we advance our Pucamayo
epithermal gold project and Huinac Punta high-grade silver CRD target”.
About Condor Resources Inc.
Condor Resources is a precious and base metals exploration company focused on its portfolio of
projects in Peru. The Company’s flagship project, Pucamayo, is an 85 km 2 property containing a
high sulfidation epithermal system with disseminated precious metals mineralization with a large
lithocap alteration visible at surface. The Huiñac Punta project, a 7,200 Ha property in Huanuco,
Peru, has the potential to host a large carbonate replacement style (CRD) silver-dominant
polymetallic mineralized body with the potential for discovery of a bulk tonnage silver and base
metals deposit. The Company has optioned several large projects to partners who continue to
advance these projects. The Company’s award- winning exploration team in Peru has a long
history of success in discovering and advancing high quality exploration projects and managing
the social aspects of its exploration activities.
For more information, 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 Executive Officer
For further information 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
securities law. Forward-looking statements are frequently characterized by words such as “plan”,
“expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and ot her similar words, or
statements that certain events or conditions “may” or “will” occur. Such forward- looking
statements include, but are not limited to the Company’s expectations with respect to the use of
proceeds and the use of the available funds following completion of the LIFE Offering and
statements respecting completion of the LIFE Offering and receipt of all regulatory approvals in
respect of the LIFE Offering, including approval of the TSXV .
Although the Company believes that the expectations reflected in applicable forward- looking
statements are reasonable, there can be no assurance that such expectations will prove to be
correct. Such forward -looking statements are subject to risks and uncer tainties, including risks
associated with the business of mineral exploration and development ; continued availability of
capital and financing; general political and economic conditions, fluctuations in metal prices and
other market-related risks, including any volatility 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 cautioned not to place undue reliance on forward- looking
statements and forward-looking information. Condor does not assume any obligation to update
or revise its forward -looking statements, whether as a result of new information, future or
otherwise, except as required by applicable law.
Neither the TSX Venture Exchange nor its Regulation 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.