Condor Gold (GB:CNR) has released an update.
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Condor Gold Plc has secured £500,000 through the exercise of warrants by Galloway Limited, led by the company’s Chairman Jim Mellon. The transaction will issue 3,333,332 new shares at 15p each, with Admission expected shortly. Following this, Galloway Limited will own 26.13% of Condor’s enlarged issued share capital.
For further insights into GB:CNR stock, check out TipRanks’ Stock Analysis page.