Condor Gold plc: Results of Annual General Meeting (“AGM”)
May 10 2018 - 8:30AM
Condor Gold plc (“
Condor”,
“
Condor Gold” or the “
Company”)
(AIM:CNR) (OTCQX:CNFGF) (TSX:COG) is pleased to announce that at
the Company’s AGM held earlier today, all resolutions were passed.
For further information please visit
www.condorgold.com or contact:
Condor Gold
plc |
Mark Child, Chairman
and CEO+44 (0) 20 7493 2784 |
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Beaumont
Cornish Limited |
Roland Cornish
and James Biddle+44 (0) 20 7628 3396 |
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Numis
Securities Limited |
John Prior and James
Black+44 (0) 20 7260 1000 |
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Blytheweigh |
Tim Blythe, Camilla
Horsfall and Megan Ray+44 (0) 20 7138 3204 |
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About Condor Gold plc:
Condor Gold plc was admitted to AIM on 31 May
2006. The Company is a gold exploration and development company
with a focus on Central America.
Condor published a PFS on its wholly owned La
India Project in Nicaragua in December 2014, as summarized in the
Technical Report (as defined below). The PFS details an open pit
gold mineral reserve in the Probable category of 6.9 Mt at 3.0 g/t
gold for 675,000 oz gold, producing 80,000 oz gold per annum for
seven years. La India Project contains a mineral resource in the
Indicated category of 9.6 Mt at 3.5 g/t for 1.08 million oz gold
and a total mineral resource in the Inferred category of 8.5 Mt at
4.5 g/t for 1.23 million oz gold. The Indicated mineral resource is
inclusive of the mineral reserve.
Disclaimer
Neither the contents of the Company's website
nor the contents of any website accessible from hyperlinks on the
Company's website (or any other website) is incorporated into, or
forms part of, this announcement.
Technical Information
Certain disclosure contained in this news
release of a scientific or technical nature has been summarized or
extracted from the technical report entitled “Technical Report on
the La India Gold Project, Nicaragua, December 2014”, dated
November 13, 2017 with an effective date of December 21, 2014 (the
“Technical Report”), prepared in accordance with National
Instrument 43-101 – Standards of Disclosure for Mineral Projects
(“NI 43-101”). The Technical Report was prepared by or under the
supervision of Tim Lucks, Principal Consultant (Geology &
Project Management), Gabor Bacsfalusi, Principal Consultant
(Mining), Benjamin Parsons, Principal Consultant (Resource
Geology), each of SRK Consulting (UK) Limited, and Neil Lincoln of
Lycopodium Minerals Canada Ltd., each of whom is an independent
Qualified Person as such term is defined in NI 43-101.
David Crawford, Chief Technical Officer of the
Company and a Qualified Person as defined by NI 43-101, has
approved the disclosure in this press release that is of a
scientific or technical nature.
Forward Looking Statements
Certain statements in this news release constitute
forward-looking information under applicable Canadian securities
laws. These statements relate to future events or future
performance and include, but are not limited to, the date and time
of the annual general meeting, the date the Company’s ordinary
shares will be admitted to AIM, future gold production at the
Company’s La India Project and estimates of mineral reserves and
mineral resources. All statements other than statements of
historical fact may be forward-looking statements. Forward-looking
statements are often, but not always, identified by the use of
words such as “seek”, “anticipate”, “plan”, “continue”,
“objectives”, “strategies”, “estimate”, “expect”, “may”, “will”,
“project”, “predict”, “potential”, “targeting”, “intend”, “could”,
“might”, “should”, “believe” and similar expressions. These
statements involve known and unknown risks, uncertainties and other
factors that may cause actual results or events to differ
materially from those anticipated in such forward-looking
statements. The Company believes the expectations reflected in
those forward-looking statements are reasonable but no assurance
can be given that these expectations will prove to be correct and
such forward-looking statements included in this news release
should not be unduly relied upon. The Company does not undertake
any obligation to update forward-looking statements except as
required by applicable securities laws.
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