Condor Resources appoints Francisco de Undurraga to its Board of Directors
March 10, 2014
|Vancouver, B.C., March 10, 2014 - Condor Resources Inc. - (“Condor” or the “Company”) (TSX.V: CN) is pleased to announce that Mr. Francisco de Undurraga has re-joined the Company’s Board of Directors. Mr. de Undurraga is a resident of Santiago, Chile, is a significant shareholder of the Company, and is currently a member of Condor’s Technical Advisory board.
Mr. de Undurraga is a member of the board of Sundance Investment LLC, a company controlled by Citigroup Venture Capital International (CVCI), operating in oil exploration in the Peruvian Amazonia since 2006. He is also the founder and Chairman of FIP Ariston Cima, a private investment fund based in Santiago, Chile, since 2004, and managed by BTG Pactal, one of the most important South American investment banks. Ariston Cima manages diversified investments in the forestry, real estate, oil and mining exploration and financial sectors. Mr. de Undurraga has had an extensive corporate executive career, holding positions as senior executive and CEO in several Chilean based companies that include Enersis and Laboratorio Chile, both with wide international operations in South America and listed on the Santiago Stock Exchange and NYSE. Mr. de Undurraga originally graduated as Civil-Industrial Engineer from the Universidad de Chile in Santiago, and subsequently graduated in Nuclear Engineering from the International Atomic Energy Agency (IAEA) in Madrid, Spain. He also graduated from the Stanford Executive Program at Stanford University in California.
“Condor is pleased to welcome Mr. Undurraga as a director” stated Mr. Davis, President and director. “His extensive business and investment knowledge will be a tremendous asset to the Company and its shareholders”.
The Company currently has three of its properties under active exploration by third parties, and looks forward to a steady flow of results from these programs. In addition, the Company is actively seeking partners on its other projects, and is reviewing new opportunities identified by its Lima based exploration team.
ON BEHALF OF THE BOARD
President & Chief Executive Officer
For further information please contact the Company at 1-866-642-5707, or by email at firstname.lastname@example.org
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