Condor Gold plc announced it now held net cash of £8 million to further drilling, production and expansion of mineral resource at its La India project in Nicaragua. The announcement follows an oversubscribed private placing which raised £4 million. bityl.co/5czD Condor Gold’s chairman and chief executive Mark Child said that the company issued new ordinary […]
Tag: gold
Conroy Gold raises £43,750 through warrant exercise
Conroy Gold and Natural Resources plc said it had received £43,750 following notices to exercise warrants over a total of 125,000 ordinary shares of €0.001 each (ordinary shares) at an exercise price of 35 pence per ordinary share (warrant shares). The warrants (financing warrants) were issued as part of the fundraising announced by the company […]
Altus granted four gold licences in Eastern Desert, Egypt
Altus Strategies plc said it was planning the first phase of exploration after it received four gold exploration licences across nine licence blocks totalling 1,565 km2 in the Eastern Desert of Egypt. LICENCES All four licences, which are between 30km and 100km of the Red Sea coast, are for an initial two-year term and renewable […]
Condor Gold raises £28,546 through warrant exercise
Condor Gold plc today announced it had received £28,546 following notices to exercise the remaining warrants issued by the company in February 2019. PRIVATE PLACEMENT The company issued 92,083 new ordinary shares with a nominal value of 20p each in the capital of the company at a subscription price of 31p per share. In February […]
Galantas agrees Omagh gold blasting with PSNI
Galantas Gold Corporation announced its operating subsidiary had reached a formal agreement regarding blasting with the Police Service of Northern Ireland (PSNI) at its Omagh gold mine. The Canadian gold miner, which has a 100% interest in Omagh gold mine, said: “The agreement provides the potential for a materially improved economic arrangement for an expansion […]
Hummingbird sets out 2021 ES projects for Mali
Hummingbird Resources plc said it would continue to adhere to the World Gold Council (WGC)’s, Responsible Gold Mining Principles (RGMPs) as the company also outlined its Mali community projects for 2021. The junior gold miner added it would also look at its tailings facility and work practices to comply with environmental, social and governance (ESG) standards. […]