Metals & Minerals News

Condor CEO receives 235,000 bonus shares

Condor Gold plc chief executive Mark Child has received a bonus of 235,294 shares at 28 pence each in the company for the financial year ended 31 December 2023.

The company’s remuneration committee recommended the bonus which the board approved with Mr Child absent from the process.

Following the issue of the 235,294 payment shares, Condor’s total issued share capital will comprise 203,442,778 new ordinary shares, each with voting rights.

Since November 2022, the Nicaragua-focused company has been in the sales process of its flagship La India project and received interest from several parties.