Vancouver,
B.C., March 14, 2011 - Condor Resources Inc. - ("Condor" or the
"Company") (TSX.V: CN) today announces that pursuant to its
Stock Option Plan, the Company has granted 2,575,000 stock options to
certain Directors, Officers, Consultants, and Employees, exercisable at
$0.55 per share, and expiring March 14, 2016. The option grant is subject
to regulatory approval.
About Condor Resources Inc.
Condor Resources Inc. was incorporated in 2003 by field exploration
specialists focused on the generation of gold and copper projects in
South America, where management has extensive experience and a proven
track record of discovery. The Company's long term objective is the
discovery of a major new gold and/or base metal deposit, and its business
plan offers shareholders access to an exciting and growing portfolio of
discovery stage properties, including six 100% owned projects in Chile,
and seven projects in Peru, each offering a unique path to discovery.
ON BEHALF OF THE BOARD
Patrick J. Burns,
President & Chief Executive Officer
For further information please contact Timea Carlsen at 1-866-642-5707, or by email at:
info@condorresources.com
Cautionary Statement Regarding Forward-Looking Information: All
statements, trend analysis and other information contained in this press
release relative to markets about anticipated future events or results
constitute forward-looking statements. Forward-looking statements are
often, but not always, identified by the use of words such as
"seek", "anticipate", "believe",
"plan", "estimate", "expect" and
"intend" and statements that an event or result
"may", "will", "should", "could"
or "might" occur or be achieved and other similar expressions.
Forward-looking statements are subject to business and economic risks and
uncertainties and other factors that could cause actual results of
operations to differ materially from those contained in the
forward-looking statements. Forward-looking statements are based on
estimates and opinions of management at the date the statements are made.
The Corporation does not
undertake any obligation to update forward-looking statements even if
circumstances or management's estimates or opinions should change.
Investors should not place undue reliance on forward-looking statements.
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.
View
News Release on the website:
http://www.condorresources.com/s/NewsReleases.asp?ReportID=447336
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