Metals & Minerals News

Metals shareholders approve Condor acquisition

Posted on Author editorial Comments Off on Metals shareholders approve Condor acquisition

Metals Exploration plc shareholders have approved the acquisition of Nicaragua-focused Condor Gold plc.

Complete: subject to remaining conditions and High Court sanction (Pixabay)

TIMELINE

At yesterday’s general meeting more than 99% of votes were in favour of the purchase.

Completion of the acquisition is subject to remaining conditions and High Court sanction at a hearing expected on 13 January 2025.

Condor shareholders approved the sale on 6 January.

Related Articles
Metals & Minerals News

Galantas appoints Micon to revise Cavanacaw MRE

Posted on Author editorial

Galantas Gold Corporation has appointed Micon International to produce a NI 43-101-compliant mineral resource estimate (MRE) for its Cavanacaw gold project in Omagh, Northern Ireland. DRILLING CAMPAIGN The Canadian company last year completed its largest exploration programme of more than 4,100 metres, since the 2014 resource estimate. The new MRE will also include drill results […]
Metals & Minerals News

Kavango NED buys 2m shares

Posted on Author editorial

Kavango Resources plc non-executive director Peter Wynter Bee has bought two million ordinary shares in the company. On 3 June, he purchased 1m shares each at a price of 1.425 pence. Mr Bee bought a further 1m of 1.5 pence each on 4 June.
News Oil & Gas

JOG looks to ‘exciting’ future with larger portfolio

Posted on Author editorial

Jersey Oil and Gas plc (JOG) said it had exciting prospects with a strong cash position of £8.9 million for the first half the year and increased assets, despite trebling losses. RESOURCES Losses for H1 2020 before and after tax totalled £1.2m (H1 2019: £400,000) with expenditure related to the company’s flagship Greater Buchan Area development project […]