NEW BERMUDA ENTITY FORMED FOR STO CAPITAL RAISE
American Condor Resources Corporation (“ACRC” or the “Company”) announces the signing of a Memorandum of Understanding with a newly incorporated Bermuda entity formed for the purpose of funding developing gold, silver and base metal companies.
Christopher Werner, ACRC President and CEO, stated “Working in affiliation with a newly formed entity alongside Bermuda-based advisors, we are now preparing to launch a Security Token Offering (STO) promulgated under Bermuda law, to secure a large pool of capital to be used to invest in near-term production gold and silver companies, many of which are publicly traded, and is consistent with our corporate mission.”
ACRC is planning strategic North American corporate expansion by partnering with an alternative metals capital provider. Please visit www.amcondor.com