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Re: News Releases - Monday, September 28, 2009
John S. Watt appointed CFO
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Vancouver, B.C., September 28, 2009, Condor Resources Inc. ("Condor" or
the "Company") is pleased to announce the appointment of John Watt to
the position of Chief Financial Officer effective October 1, 2009.
Mr. Watt is a Chartered Accountant with over 37 years of business
experience, including serving as Chief Financial Officer for other
Canadian public junior mining companies with exploration programs in
Latin America. Mr. Watt has provided financial and tax consulting
services to both public and private companies, and has consulted to
foreign filers with the US Securities and Exchange Commission on
Sarbanes-Oxley Act compliance. Mr. Watt earned a B.A. with a Major in
Economics. In conjunction with his appointment, Mr. Watt has been
granted 200,000 stock options at $0.15 per share, subject to regulatory
approval.
Mr. Watt succeeds Nial Barrett who resigned as Chief Financial Officer
to pursue other business opportunities. Patrick Burns, President and
CEO said, "On behalf of the Board of Directors, I would like to thank
Nial for his valuable contributions as Chief Financial Officer. Nial
has been an extremely important member of Condor, and the Board extends
its thanks and continued good wishes to Nial."
Condor Resources Inc. was incorporated in 2003 by field exploration
specialists focused on the generation of copper and gold projects in
Latin America, where management has extensive experience and a proven
track record of discovery. The Company's long term business plan offers
shareholders access to a growing portfolio of properties, including six
100% owned projects in Chile, and seven in Peru, each providing a
unique path to discovery.
ON BEHALF OF THE BOARD
Patrick J. Burns,
President & Chief Executive Officer
For further information please contact the Company at 1-866-642-5707,
or by email at: info@condorresources.com
Forward-Looking Statements: Statements in this release that are
forward-looking statements are subject to various risks and
uncertainties concerning the specific factors disclosed under the
heading "Risk Factors" and elsewhere in the Company's periodic filings
with Canadian securities regulatory authorities. Such information
contained herein represents management's best judgment as of the date
hereof based on information currently available. The Company does not
assume the obligation to update any forward-looking statement.
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.
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Copyright (c) 2009 CONDOR RESOURCES INC. (CN) All rights reserved.
For more information visit our website at
http://www.condorresources.com/ or send mailto:news@condorresources.com
Message sent on Mon Sep 28, 2009 at 3:20:14 PM Pacific Time
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Condor Resources Inc.
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EXPLORATION STAGE |
CODE : CN.V |
ISIN : CA20676U1049 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Condor Res. is a silver and gold exploration company based in Canada. Condor Res. holds various exploration projects in Argentina, in Chile and in Peru. Its main exploration properties are CONDOR DE ORO, CHAVIN, LA LIBERTAD, PUCAMAYO, CONDORO and OCROS in Peru and EL DORADO ARGENTINA SALTA in Argentina. Condor Res. is listed in Canada and in United Kingdom. Its market capitalisation is CA$ 17.9 millions as of today (US$ 13.0 millions, € 11.9 millions). Its stock quote reached its highest recent level on February 04, 2011 at CA$ 3.70, and its lowest recent point on February 05, 2016 at CA$ 0.02. Condor Res. has 102 060 000 shares outstanding. |