LONDON, UK / ACCESSWIRE / July 26, 2019 / Condor Gold (AIM: CNR; TSX: COG) is pleased to announce that the placement of new ordinary shares and warrants to subscribe for ordinary shares announced on 8 July 2019 raising net proceeds of £4.04 Million (the “Placement”) has been completed. The Company confirms that £1,968,504 has been received by the Company in connection with the second and final tranche of the Placement, comprising a subscription for 9,842,520 new ordinary shares (the “Nicaragua Milling Shares”) by Nicaragua Milling Company Limited. A total of 20,192,520 Units (comprising of 20,192,520 new ordinary shares and 6,730,835 warrants) have been placed with placees at the Placing Price of £0.20 per Unit.
Completion of £4.04 Million Private Placement and Holdings in the Company
Jul 26, 2019
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