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Pin to quick picksCondor Gold Share News (CNR)

Share Price Information for Condor Gold (CNR)

London Stock Exchange
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Share Price: 22.50
Bid: 22.00
Ask: 23.00
Change: -0.25 (-1.10%)
Spread: 1.00 (4.545%)
Open: 22.75
High: 22.75
Low: 22.50
Prev. Close: 22.75
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AIM WINNERS & LOSERS: Condor Gold jumps on offers for La India

Mon, 13th Mar 2023 10:43

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

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AIM - WINNERS

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Condor Gold PLC, up 11% at 17.47 pence, 12-month range 15p-38p. The gold exploration company says it has received three formal expressions of interest, including two non-binding offers for the La India open pit, in Nicaragua. The company also expects further offers from another nine companies. Chief Executive Mark Child says: "The board is confident that a binding agreement will be reached. Investors will be updated in due course." The company added that whilst it is "encouraged" by the sale process to date, there is no guarantee that it will complete the sale of its assets.

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Tern PLC, up 9.4% at 6.84 pence, 12-month range 6p-17.4p. Says Wyld Networks AB has received an approximately SEK9.2 million, around GBP700,000, purchase order for the Wyld Data service. Tern currently holds 40% of Wyld Networks' equity. Also confirms that it has no banking relationship, or other financing arrangements, with Silicon Valley Bank UK Ltd. Adds that it does not currently believe that any of its portfolio companies' exposure to SVB will have a significant impact on the net asset value of Tern.

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AIM - LOSERS

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Tungsten West PLC, down 13% at 8.89p, 12-month range 8.52p-74p. appoints Neil Gawthorpe as chief executive officer with immediate effect. The company says that Gawthorpe joins at a "crucial time" as it prepares to re-launch operations at Hemerdon. It says that early stage work on the Hemerdon restart project began in January and are continuing safely and as planned. "Neil's initial focus will be to conduct a review of the available funding options of the business to ensure the delivery of the Project as outlined in the previously announced feasibility study," the company says. Also notes that Francis Johnstone and Grace Stevens have stepped down as non-executive directors.

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By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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12 Jun 2014 13:24

Condor Gold Says Exploration Targets Return Positive Trench Results

LONDON (Alliance News) - Condor Gold PLC Thursday said it has extended the original trenching programme at its wholly-owned La India gold project in Nicaragua in response to further geological interpretation and positive assay results. The gold exploration company said it is at an advanced

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5 Jun 2014 09:59

Condor Gold Pretax Loss Narrows On Lower Expenses

LONDON (Alliance News) - Condor Gold PLC Thursday said its pretax loss narrowed in 2013 due to a fall in administrative expenses as the company focused on developments in Nicaragua. The gold exploration company, which is yet to produce any revenues, said its pretax loss narrowed to GBP2.9 m

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8 May 2014 13:42

Condor Gold Awards Services Contract For La India Site To Lycopodium Minerals Canada

LONDON (Alliance News) - Condor Gold PLC Thursday said it has awarded a contract to Lycopodium Minerals Canada Ltd to provide services for its La India Project in Nicaragua. The gold exploration company said Lycopodium would provide a Pre-Feasibility Study level design for a processing plan

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8 May 2014 07:57

Condor Gold awards engineering design contract for La India PFS

AIM-listed mining group Condor Gold has appointed engineering group Lycopodium to provide a pre-feasibility processing plant design for Condor's La India project in Nicaragua. The group expects as a base case to generate 2,300 tonnes per day of ore, processing 800,000 tonnes per annum, if productio

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3 Apr 2014 12:29

Condor Gold Continues To Add Exploration Potential At La India Project

LONDON (Alliance News) - Condor Gold PLC Thursday said additional exploration potential has been shown by a district-scale gold mineralisation geological model of its La India Project in Nicaragua. The gold exploration company said the new model, which permits a greater understanding of the

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26 Mar 2014 14:18

Condor Gold appoints new COO

Condor Gold has appointed Dave Crawford as Chief Operating Officer (COO). He will be responsible for overseeing the company's flagship La India project, which includes a total attributable mineral resource of 18.4m tonnes at 3.9 grams per tonne (g/t) for 2.33m ounces of gold and 2.68 ounces of silv

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26 Mar 2014 12:14

Condor Gold Appoints Dave Crawford As Chief Operating Officer

LONDON (Alliance News) - Condor Gold PLC Wednesday said Dave Crawford has been appointed the chief operating officer of the company in order to develop the company's flagship La India Project in Nicaragua. The gold exploration company said Crawford has 37 years experience in the mining indu

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7 Jan 2014 09:59

Condor Gold Says La India Project Is Mostly Safe From Gold Price Drop

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7 Jan 2014 08:22

AIM IN BRIEF: H&T Says Profit As Expected, But Gold Price Has Hurt

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21 Nov 2013 12:13

DIRECTOR DEALINGS: Condor Gold Chief Executive Exercises Options

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8 Nov 2013 12:05

UK WINNERS & LOSERS: IAG Takes Off, Schroders Continues To Slide

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8 Nov 2013 10:25

Condor Gold Updates Mineral Resource Estimate In Nicaragua, Shares Fall 12%

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21 Oct 2013 09:46

Condor Gold Completes Metallurgical Testwork In Nicaragua

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16 Oct 2013 10:03

Condor Gold Says Geotechnical Study Points To Lower Costs In Nicaragua

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25 Sep 2013 09:16

Condor Gold Pretax Losses Almost Double On Costs

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