Condor to raise $6.5 million for Nicaragua mine

Condor Gold plans to raise $6.5 million in share placing and director's subscription to further develop its mine in Nicaragua.

The AIM-listed company is to place 8.29 million shares with a proposed director's subscription of 161,290 shares, to raise about $6.5 milion with institutional and other investors.

Source: Digital Look
http://www.digitallook.com/news/aim-bulletin/condor-gold-planning-524m-fundraising-to-develop-nicaragua-mine--2534513.html