ACRC Announces Magno Resources, S.A. Acquisition

January 10, 2020

American Condor Resources Corporation (“ACRC” or the “Company”) announces the signing of a Letter of Intent to acquire Magno Resources Ecuador S.A.

Christopher Werner, ACRC CEO, stated that: “Today we signed an agreement with Magno Resources, S.A. (“Magno”) to acquire 100% of the issued and outstanding stock of the company. Magno has been operating as an exploration company for the past 10 years and has assembled a proprietary database of existing mining projects, both in production, and through exploration in Ecuador, Peru and Columbia as well. Magno’s CEO has been involved in the mining sector for over 30 years and has been active in the management of several mining companies that have successfully navigated through the IPO process. To further expand our reach into Latin America we plan to use Magno as our South American mining headquarters.”

ACRC is planning strategic North and Latin American corporate expansion by partnering with alternative metals capital providers. Please visit www.amcondor.com.

For further information, please contact:

American Condor Resources Corporation Christopher Werner, Chief Executive Officer Tel: (920) 207-0100 Email: c.werner@amcondor.com 

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Administration

American Condor Resources

8400 E. Prentice Ave, Ste 1360

Denver, Colorado 80111 - USA