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  • Christopher Werner
    • Jul 10, 2020
    • 1 min read

C3 Signs Definitive Agreement with ACRC

Updated: Jul 27, 2020

July 10, 2020


American Condor Resources Corporation (“ACRC” or the “Company”) announces the signing of a definitive agreement with a Bermuda and Delaware based mine financing company, C3 Ltd. (“C3”).


Christopher Werner, ACRC CEO, stated: “In our attempt to be a leading alternative mine financing company we have opened up a new avenue to access capital to be invested into ACRC and used by producing or near-term production mining companies. We are pleased to announce the signing of this definitive agreement in which ACRC can access capital to be used in connection with its direct investment strategy into producing and near-term producing precious and base metal mining companies.


C3 has launched a $100 million distressed mine financing capital raise co-managed by Blockchain Triangle Systems, ltd. of Hamilton, Bermuda and ACRC through several placement and advisory agreements terms that will allow C3 and ACRC to fund mining projects through established relationships where we have conducted significant due diligence on these projects over the past 12 months.


ACRC has established relationships with numerous producing and near-term producing mining companies over the last year and is positioned to fund these companies through this new financing arrangement with C3. 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 




Administration

American Condor Resources

8400 E. Prentice Ave, Ste 1360

Denver, Colorado 80111 - USA

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