El Condor Pasa - günstiger Explorer (Seite 202)
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Aha! 750.000 ? ? ?
on we go ............... 
27 October 2010
Condor Resources Plc
("Condor" or "the Company")
Sale of Shares in Grafton Resource Investments Limited ("Grafton")
On 26 October 2010 Condor sold its shareholding in Grafton to a company ("the
Buyer") introduced by personnel at Grafton for a net cash consideration of
US$1,110,760.
Condor acquired its shares in Grafton on 12 June 2009 at an aggregate value of
GBP1,400,000 as part of a share swap arrangement. Grafton sold its shares in
Condor on 30 July 2010. The sale by Condor of its shares in Grafton unwinds the
share swap.
Condor has realised a total paper loss on its investment in Grafton of
GBP878,000, being a loss of GBP807,000 on the difference in the purchase and
sale price plus an exchange rate loss of GBP71,000.
Condor had been looking for a buyer for these shares for several months and,
given the desire to raise funds for verification drilling and trenching at the
recently acquired La India concession and the lack of liquidity in Grafton
shares, the board of Condor considered that it would be in the best interests of
shareholders to take the opportunity offered to it by the Buyer.
Mark Child, Chairman of Condor, commented as follows:
"I am really pleased to have sold Condor's shareholding in Grafton for a net
consideration of US$1,110,760. The sale proceeds have been received in cleared
funds by Condor and will be kept in USD as the operating expenses in Nicaragua
and El Salvador are USD based. The share swap in June 2009 was conducted at
roughly double the share price that Condor's shares had been trading at in the
previous weeks. This was negotiated in the knowledge that closed end investment
funds such as Grafton can trade at substantial discounts to NAV. Selling Grafton
shares, which were a non core asset, creates a paper loss, but provides cash to
help fund the conversion of an estimated 1.84m oz gold resource at 9g/t,
calculated to Russian standards to JORC Code on Condor's 80% owned La India
project in Nicaragua."
-Ends-
For further information please visit www.condorresources.com or contact:
Condor Resources plc Mark Child, Chairman
+44 (0) 20
7408 1067
Ambrian Partners Limited Richard Swindells and
Samantha
Harrison
+44 (0) 20
7634 4700
Farm Street Media Simon Robinson
+44 (0)
7593 340107
27 October 2010
Condor Resources Plc
("Condor" or "the Company")
Sale of Shares in Grafton Resource Investments Limited ("Grafton")
On 26 October 2010 Condor sold its shareholding in Grafton to a company ("the
Buyer") introduced by personnel at Grafton for a net cash consideration of
US$1,110,760.
Condor acquired its shares in Grafton on 12 June 2009 at an aggregate value of
GBP1,400,000 as part of a share swap arrangement. Grafton sold its shares in
Condor on 30 July 2010. The sale by Condor of its shares in Grafton unwinds the
share swap.
Condor has realised a total paper loss on its investment in Grafton of
GBP878,000, being a loss of GBP807,000 on the difference in the purchase and
sale price plus an exchange rate loss of GBP71,000.
Condor had been looking for a buyer for these shares for several months and,
given the desire to raise funds for verification drilling and trenching at the
recently acquired La India concession and the lack of liquidity in Grafton
shares, the board of Condor considered that it would be in the best interests of
shareholders to take the opportunity offered to it by the Buyer.
Mark Child, Chairman of Condor, commented as follows:
"I am really pleased to have sold Condor's shareholding in Grafton for a net
consideration of US$1,110,760. The sale proceeds have been received in cleared
funds by Condor and will be kept in USD as the operating expenses in Nicaragua
and El Salvador are USD based. The share swap in June 2009 was conducted at
roughly double the share price that Condor's shares had been trading at in the
previous weeks. This was negotiated in the knowledge that closed end investment
funds such as Grafton can trade at substantial discounts to NAV. Selling Grafton
shares, which were a non core asset, creates a paper loss, but provides cash to
help fund the conversion of an estimated 1.84m oz gold resource at 9g/t,
calculated to Russian standards to JORC Code on Condor's 80% owned La India
project in Nicaragua."
-Ends-
For further information please visit www.condorresources.com or contact:
Condor Resources plc Mark Child, Chairman
+44 (0) 20
7408 1067
Ambrian Partners Limited Richard Swindells and
Samantha
Harrison
+44 (0) 20
7634 4700
Farm Street Media Simon Robinson
+44 (0)
7593 340107
Aha, geht weiter ein bisserl
hoch! 
Kj
hoch! 
Kj
26 October 2010
Condor Resources Plc
("Condor" or "the Company")
Exercise of Warrants
Condor (AIM: CNR), the Central American gold exploration company, has received
notice from Ocra Trading GmbH to exercise 2,750,000 at a price of 1 pence per
ordinary share.
Following this transaction, Ocra Trading GmbH has a beneficial interest in the
Company of 2,750,000 representing 0.58 per cent of the Company.
Following this exercise the Company has outstanding 24.75 million warrants
exercisable at a price of 1p per share, 10 million warrants exercisable at a
price of 1.5p per share and 10 million warrants exercisable at a price of 2p per
share. All outstanding warrants are exercisable up to 26 June 2011.
Following issue of the new ordinary shares, the Company's total issued share
capital will be 474,461,753 ordinary shares of 1p each. Application has been
made for these new ordinary shares to be admitted to trading on AIM and dealings
are expected to commence at 8.00am on 29 October 2010.
Condor Resources Plc
("Condor" or "the Company")
Exercise of Warrants
Condor (AIM: CNR), the Central American gold exploration company, has received
notice from Ocra Trading GmbH to exercise 2,750,000 at a price of 1 pence per
ordinary share.
Following this transaction, Ocra Trading GmbH has a beneficial interest in the
Company of 2,750,000 representing 0.58 per cent of the Company.
Following this exercise the Company has outstanding 24.75 million warrants
exercisable at a price of 1p per share, 10 million warrants exercisable at a
price of 1.5p per share and 10 million warrants exercisable at a price of 2p per
share. All outstanding warrants are exercisable up to 26 June 2011.
Following issue of the new ordinary shares, the Company's total issued share
capital will be 474,461,753 ordinary shares of 1p each. Application has been
made for these new ordinary shares to be admitted to trading on AIM and dealings
are expected to commence at 8.00am on 29 October 2010.
sieht sehr gesund aus, neuer Boden um die 2 derzeit, weiterer Anstig möglich:
Trading Spotlight
Antwort auf Beitrag Nr.: 40.382.920 von Elrond am 25.10.10 11:25:47das Berlin wieder Mondkurse stellt, war ja klar....
Antwort auf Beitrag Nr.: 40.382.735 von Kjo_CBR am 25.10.10 11:03:40ein bisserl .... 26% ....
Konso geht wohl langsam zu Ende ...
Konso geht wohl langsam zu Ende ...
Antwort auf Beitrag Nr.: 40.371.085 von Elrond am 22.10.10 08:51:25seh ich auch so.. wird schon, spätestens, wenn die Russen-Resource in JORC umgewandelt wurde 
ausm UK board + dem ist nichts hinzuzufügen
ruhig bleiben ... warten sind wir hier doch gewöhnt ...
ruhig bleiben ... warten sind wir hier doch gewöhnt ...
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