LONDON - Condor Gold Plc, a mining company traded on AIM and TSX, announced Monday the issuance of 300,000 new Ordinary Shares to John Ian Stalker, a Non-Executive Director of the company. Following this issuance, the total number of Ordinary Shares in issue with voting rights stands at 204,842,778, with 204,542,778 of these shares admitted to trading on the AIM and the TSX markets.
This move comes in accordance with Rule 2.9 of the Code, which governs the acquisition of interests in public companies. The company did not disclose the specific reasons for the share issuance to Mr. Stalker in the announcement.
Condor Gold, headquartered in Godalming, Surrey, has a focus on exploring and developing gold and silver resources. The company has not made any statements regarding the impact of this share issuance on its operations or financial position.
The financial advisors for Condor, including Beaumont Cornish Limited, SP Angel Corporate Finance LLP, and H&P Advisory Limited, all regulated by the Financial Conduct Authority (FCA), have reiterated that their advisory roles are exclusive to Condor Gold and do not extend to other parties in relation to the matters referred to in this announcement.
The press release emphasized that the information is not intended to constitute an offer or solicitation of an offer to purchase or acquire securities and is subject to the laws and regulations of jurisdictions outside the UK.
This announcement comes directly from a press release statement by Condor Gold and is intended to inform shareholders and the public of the latest developments within the company. The London Stock Exchange (LON:LSEG), nor any other securities regulatory authority, has not commented on the contents of this announcement.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.