|By Marketwired .||
|February 10, 2014 03:23 PM EST||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 02/10/14 -- Condor Resources Inc. - ("Condor" or the "Company") (TSX VENTURE: CN) today announces that pursuant to its Stock Option Plan, the Company has granted 600,000 stock options to six employees and one officer based in Lima, exercisable at $0.06 per share, and expiring February 4, 2019. In addition, the Company has granted 200,000 stock options to Technical Advisor, Darcy Krohman, exercisable at $0.12, and expiring February 4, 2019. The option grants are subject to regulatory approval.
The Company currently has four of its properties under active exploration by third parties, and looks forward to a flow of results from these programs. In addition, the Company is actively seeking partners on its other projects, and reviewing new opportunities identified by its Lima based technical team.
ON BEHALF OF THE BOARD
Lyle Davis, President & Chief Executive Officer
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 Company 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.