LONDON, June 14, 2022 (GLOBE NEWSWIRE) -- Condor Gold (AIM: CNR; TSX: COG) is pleased to announce a placing of 11,607,149 Units (as defined below) at a price of 28p per Unit (the "Placing Price") for aggregate gross proceeds of approximately £3.25 million before expenses (the “Placing"), including a Directors subscription of 1,833,573 Units (“Directors Subscription”). The Placing has been undertaken by the Company and its broker, SP Angel, with institutional and other investors. Completion of the Placing is conditional upon admission of the Units to trading on AIM, expected to be on or around 17 June 2022. The Company has received conditional approval from the Toronto Stock Exchange (the “TSX”) for the Placing.
Read more at globenewswire.comCondor Gold Raises £3.25 Million Via a Private Placement of New Ordinary Shares
Globe Newswire - Press Release
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