C³ Token: CONDOR CAPITAL COIN
𝐶³ is American Condor Resources Company (“ACRC”) attempt for a Precious Metal (Gold) backed STO with the potential of obtaining a rate of return on the token over the life of the token.
𝐶³ investments will be backed by the producing mining assets from the near-production mining projects ACRC identifies, and during the duration of the mine life, the token value will tend to appreciate as more assets are deposited into 𝐶³'𝑠 custodian.
𝐶³ is an established Bermuda Exempted Company (Limited) that will offer STO holders an eventual fully-backed token from the precious metals mining projects ACRC will invest in.
ACRC is alternative capital provider for mining companies with a focus on acquiring interests in pre-producing, exploration and development mines of precious and base mineral properties in the Americas.
ACRC is capitalizing on the limited financing options Junior Miners currently face and will provide secured capital to enter into streaming and royalty opportunities to secure physical assets for the duration of the mine’s life.
ACRC focuses on near-production stage of development to capitalize on “orphaned” opportunities that are near cash-flow and therefore avoids exploration and feasibility risk
WHAT IS C³ ?
𝐶³ will be a Stable Token and is defined as a Precious Metal “unit”
• During initial investment, the “Unit” will be defined as the number of Gold Ounces equivalent for each STO holder (i.e. 1 oz .999 Gold per Token)
• The “Unit” definition will be updated to reflect new Ounces of Gold that ACRC streaming deals provide into 𝐶³’s custodian
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