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Condor Resources Inc.

02:41 PM EST - Condor Resources Inc. : Has signed an Memorandum of Understanding with Compañia Minera Casapalca S.A., based in Lima, with respect to the Company's Soledad and Ocros projects in Peru. Under the MOU, Casapalca may earn a 51% interest in each of the projects, with an option to increase their interest to 70%, by the completion of work programs and cash payments. Condor Resources Inc. shares V.CN are trading up $0.015 at $0.04.