Condor Gold Plc Reports Interim Financial Results for 2024

Godalming, UK - On September 27, 2024, Condor Gold Plc (AIM:CNR)(TSX:COG) released its unaudited interim financial report for the six-month period ending on June 30, 2024. The report is available on the company's websites and via SEDAR.

The company has witnessed sustained interest in its assets, with several new parties accessing the data room and expressing a wish for site visits. Land acquisition at the La India project continues, with 99.6% of core areas purchased and 14 hectares cleared for processing plant infrastructure.

Financially, Condor raised £500,000 in May and £220,000 post-period via Galloway Limited, boosting Galloway’s and key executives' shareholdings. The group reported a reduced loss of £518,217 and a net cash balance of £1,084,498 as of June 30, 2024.

Chairman Jim Mellon expressed optimism, highlighting the increased interest due to a 35% rise in gold prices and the company's strategic focus on selling its assets in Nicaragua to a qualified gold producer.