Condor Resources Inc. announces that, due to non-performance, the Company has terminated the agreement with
Chakana Copper Corp. that provided a framework for Chakana to acquire a 100% interest in the Company's Soledad concessions in Peru. Under the terms of the agreement initially executed in April 2017 and subsequently amended several times, Chakana was required to complete a US$1,000,000 cash payment and issue CAD$200,000 worth of Chakana common shares at a price not less than $0.145/share to Condor on June 23, 2024 and a further payment of US$ 1,400,000 by June 23, 2025 . The Agreement was previously amended in good faith at the request of Chakana in March 2019, November 2020 and April 2022. This US$1,000,000 payment has not been received and, despite Condor...