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, […]
Tag: Condor Gold plc
Condor chairman increases holding
Condor Gold plc received notice from its chairman’s company to exercise warrants for 3,333,332 new ordinary shares of £0.001 each, at an issue price of 15p per share for £499,999.80. LA INDIA The notice came from Galloway Ltd, wholly owned by Burnbrae Group Ltd, which in turn is wholly owned by chairman Jim Mellon. Condor […]
Condor receives £850,000 via NEDs shares purchase
Condor Gold plc has received an additional £851,999 via directors dealings following its chairman’s recent £1 million investment. NON-EXECUTIVE DIRECTORS The company issued 5,679,994 new ordinary shares each at £0.15, principally to existing shareholders. As part of the placing non-executive directors Andrew Cheatle and Ian Stalker have subscribed, directly or indirectly, for 33,333 and 66,666 […]
Condor chairman raises £1m for La India sale
Condor Gold plc chairman Jim Mellon exercised warrants for £1 million to ensure the company has sufficient money during the sales process for La India open pit in Nicaragua. OFFERS The exercise over 6,666,667 new ordinary shares, each at an issue price of £0.15, was by Galloway Ltd, owned by Burnbrae Group Ltd which is, […]
Condor Gold NED Kate Harcourt retires
Condor Gold plc non-executive director Kate Harcourt has retired and will leave the board with immediate effect. Chief executive officer Mark Child said Ms Harcourt had made a “substantial” contribution over the past eight years, describing her as a “wonderful mentor”. “As a senior environmental and social adviser on the board, her strategic advice and […]
Condor attracts ‘substantial interest’ in La India
Condor Gold plc said it continued to receive “substantial interest” for its La India open it in Nicaragua, but cautioned that a sale was not certain. RARITY The company, which announced the sale of its flagship asset in November 2022, added it was encouraged by the process to date. Five non-binding offers have been made, […]