Element79 Gold announces that it has reached agreement with
Condor Resources Inc. to revise the payment terms on a payment due December 21, 2023 of US$500,000 with respect to the Lucero project. Element79 are the owner of Calipuy Resources and assumed Calipuy's obligations to acquire the shares of Condor's subsidiary, Minas Lucero del Sur, the owner of the Lucero project. Element79 and Condor have agreed to reschedule the U$500,000 payment into two tranches. Twenty five percent of the payment will be satisfied now by the issuance of common shares of Element79. The balance of US$375,000 is due on or before March 31, 2023. As consideration for the rescheduled payments, Element79 w...