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Condor Gold Issues New Shares Following Director’s Option Exercise
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Condor Gold Issues New Shares Following Director’s Option Exercise

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The latest announcement is out from Condor Gold ( (GB:CNR) ).

Condor Gold has announced the issuance of 300,000 new ordinary shares following the exercise of options by Ian Stalker, a Non-Executive Director. This action raised gross proceeds of £69,000 and now positions Ian Stalker with a total of 776,894 ordinary shares, representing a 0.38% ownership in the company’s issued shares. The newly issued shares will rank equally with existing shares, including voting rights, which now total 204,842,778 shares. This move reflects Condor Gold’s ongoing strategic efforts to strengthen its capital structure and support its operations.

More about Condor Gold

Condor Gold is a mining company focused on the exploration and development of gold resources. The company operates primarily in the mining industry, offering investment opportunities through its stock listings on AIM and the TSX.

YTD Price Performance: 10.53%

Average Trading Volume: 770,259

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £64.43M

For a thorough assessment of CNR stock, go to TipRanks’ Stock Analysis page.

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