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Condor Gold’s Acquisition by Metals Exploration PLC Approved by Court
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Condor Gold’s Acquisition by Metals Exploration PLC Approved by Court

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Condor Gold ( (GB:CNR) ) has shared an update.

Condor Gold announced that the court has sanctioned the scheme of arrangement for its acquisition by Metals Exploration PLC. This acquisition entails the suspension of Condor Gold’s shares from trading on AIM and the Toronto Stock Exchange, with the effective date expected on 15 January 2025. The move is poised to significantly impact Condor Gold’s operations as it transitions under new ownership, potentially affecting its strategic direction and stakeholder interests.

More about Condor Gold

Condor Gold PLC operates within the mining industry, focusing on the exploration and development of gold and silver projects. The company’s primary activities involve identifying and enhancing mineral resources, with a market focus primarily on projects in Central America, particularly Nicaragua.

YTD Price Performance: 10.53%

Average Trading Volume: 770,259

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £64.43M

For detailed information about CNR stock, go to TipRanks’ Stock Analysis page.

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