- 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.