Condor Gold plc: Exercise of Warrants and Receipt of £27,397
SURREY, ENGLAND / ACCESSWIRE / December 23, 2020 / Condor Gold (AIM:CNR)(TSX:COG) announces that pursuant to receipt of notices for the exercise of warrants, it is issuing 68,493 New Ordinary Shares with a nominal value of 20p each in the capital of the Company (
Shares) at a subscription price of 40p per Share. The Company has received gross proceeds of £27,397.
Application has been made for the Shares to be admitted to trading on AIM ("
Admission"), with Admission expected to occur on or around 31 December 2020.
The New Ordinary Shares will rank pari passu with the existing Ordinary Shares, including the right to receive all dividends and other distributions declared after the date of their issue.