Last checked at 31 Jul 2008 07:00
31 July 2008
Condor Resources plc ("Condor" OR "the Company")
Total Voting Rights
In accordance with the FSA's Disclosure and Transparency Rules, the Company would like to notify the market of the following:
- Condor's share capital consists of 330,311,753 ordinary shares with voting rights. The Company holds no shares in treasury.
- Therefore, the total number of voting rights in the Company is 330,311,753.
The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Condor under the FSA's Disclosure and Transparency Rules.
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For further information contact:
Condor Resources plc Mark Child, Chairman
+44 (0) 20 7408 1067
Nigel Ferguson, CEO
+61 439 031 262
Nabarro Wells & Co Limited Hugh Oram
+44 (0) 20 7634 4705
Farm Street Media Simon Robinson
+44 (0) 7887 985 671
About Condor Resources Plc:
Condor Resources plc is an AIM listed exploration company focussed on developing natural resource projects in Central America. The Company was Admitted to AIM on 31st May 2006 raising £4.9m to prove up JORC Resources in Nicaragua and El Salvador. Condor has four 100% owned licenses and the option to earn an 80% interest in a further four licenses contained within four project areas within Nicaragua. In El Salvador, Condor has 100% ownership of four licences in two project areas.
Since Admission to AIM, Condor has increased its JORC compliant resources of 354,500 ounces of gold and 18.3 million ounces of silver to 891,000 ounces of gold and 22.4 million ounces of silver. The Resource calculations are compiled by independent geologists Ravensgate and Geosure. Condor's objective is to prove a commercial resource.
Condor raised £2,000,000 before expenses in July 2008, which will allow the Company to continue developing its existing gold and silver projects in Central America and identifying opportunities in the natural resource sector in other geographical locations.