Acquiring Company
Element79 Gold
Acquired Company
Condor Resources
VancouverMiningMiningMineralDescription
Element79 Gold Corp. has restructured the acquisition of the Lucero Project from Condor Resources Inc. through a fourth amendment to the Purchase and Sale Agreement. The amendments address overdue payments and set new milestones. Closing is targeted for August 31, 2026, with terms linked to project development milestones.
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Based on deal dataFrequently asked
Who acquired Condor Resources?
Condor Resources was acquired by Element79 Gold, based in Vancouver. The deal was reported on August 11, 2026. Element79 Gold Corp. is a mining company focusing on gold exploration and production. It aims to develop projects in stable jurisdictions to create shareholder value. Element79 Gold is privately held and operates in Mining.
When did Element79 Gold acquire Condor Resources?
Element79 Gold's acquisition of Condor Resources was reported on August 11, 2026. Element79 Gold Corp. has restructured the acquisition of the Lucero Project from Condor Resources Inc. through a fourth amendment to the Purchase and Sale Agreement. The amendments address overdue payments and set new milestones. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Condor Resources do?
Condor Resources Inc. is focused on mineral exploration in Peru. The company seeks to discover and develop precious and base metal resource deposits. Its strategy includes establishing partnerships for resource development. It is privately held, operating in Mining.