Source: Twitter (@CondorGoldplc)
  • Condor Gold (COG) has closed a private placement of units for aggregate gross proceeds of £3.25 million
  • The company issued 11,607,149 units priced at 28p per unit
  • Condor Gold is a gold exploration, and development company focused on Central America
  • Shares of Condor Gold plc (COG) opened trading at C$0.45

Condor Gold (COG) has closed a private placement of units for aggregate gross proceeds of £3.25 million. The company issued 11,607,149 units priced at 28p per unit.

Each unit includes one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share for 36 months.

Condor Gold is a gold exploration, and development company focused on Central America. The company is proving a large commercial reserve on its 100 per cent owned La India Project in Nicaragua.

Shares of Condor Gold plc (COG) opened trading at C$0.45.

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