Condor Seeks Listed Public Company After Agreement To Acquire $1 Billion Mining And Oil & Gas Assets
www.condoracquisitions.com announced today the assets consist of 4 gold mines, 1 iron ore mine and a position in 6 oil & gas blocks.
- (1888PressRelease) August 03, 2012 - www.condoracquisitions.com announced today that it has agreed to acquire an estimated USD 1 Billion of mining and oil & gas assets located in South Asia.
The assets consist of 4 gold mines, 1 iron ore mine and a position in 6 oil & gas blocks. The terms of the deal remain undisclosed. . Condor recently received a $100,000,000 equity line funding commitment in support of its acquisition activities.
Condor is currently in discussions with several other acquisition targets as well and now seeks listed public companies for the purpose of merger, JV or acquisition
Condor director and house counsel Matt Laden said, "This initial acquisition will form the cornerstone of the Condor mining and oil and gas sector for us to build upon further over the next several years.
I would also like to mention in particular Alvin Donovan, Managing Director of Equity Partners Fund SPC, found these initial acquisitions for us. We are now working with Alvin Donovan for the purpose of identifying additional potential acquisitions as well as listed public companies in order to merge/JV with or acquire."
About Condor Acquisitions Inc.
Condor seeks to make accretive EBITDA acquisitions on an earn-out basis and then to vend those assets into listed public companies. These listed public companies then become a platform for consolidations in each sector. Condor does not seek nor accept any outside investors.
###
space
space
Satisfied Users & 
Approved Press Releases
Print
Email
Report Spam