Result of AGM and TVR

RNS Number : 0653G

Condor Resources PLC

25 June 2012

 



Condor Resources Plc 7thFloor                                        39 St. James's Street                                    London                                  SW1A 1JD                                                                           Telephone [phone]                                                     Fax: [phone]

25 June 2012

Condor Resources Plc

(''Condor'' or ''the Company'')

Result of Annual General Meeting

and TVR

The Board of Directors of Condor is pleased to announce that at its Annual General Meeting (AGM), held at 11.00am today, all of the resolutions set out in the notice of AGM dated 1^st June were duly passed.

Accordingly, with effect from 8.00am on 26^th June 2012, the 30,513,955 Ordinary Shares of £0.20 will be admitted to trading on AIM.

For the purposes of the Disclosure and Transparency Rules of the Financial Services Authority the Company announces the following:

With effect from 8.00am on 26^th June, the Company's issued share capital consists of 30,513,955 Ordinary Shares with nominal value of 20p each, with voting rights ("Ordinary Shares").  The Company does not hold any Ordinary Shares in Treasury.  Therefore the total number of Ordinary Shares in the Company with voting rights is 30,513,955.

The above figure of 30,513,955 Ordinary Shares may be used by shareholders in the Company 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, the share capital of the Company under the Financial Service Authority's Disclosure and Transparency Rules.

- Ends -

For further information please visit www.condorresourcesplc.com or contact:

Condor Resources plc	Mark Child, Executive Chairman and CEO [phone]	Luc English, Country Manager Nicaragua & El Salvador [phone]
Beaumont Cornish Limited	Roland Cornish James Biddle [phone]
Ocean Equities Farm Street Media	Will Slack [phone] Simon Robinson [phone]

About Condor Resources Plc:

Condor Resources plc is an AIM listed exploration company focused on developing gold and silver resource projects in Central America.  The Company was admitted to AIM on 31^st May 2006 with the stated strategy to prove up JORC Resources in Nicaragua and El Salvador.  Condor has six 100% owned concessions in La India Mining District ("La India Project"); three 100% owned concessions in three other project areas and 20% in the Cerro Quiroz concession in Nicaragua.  In El Salvador, Condor has 90% ownership of four licences in two project areas.

Condor's concession holdings in Nicaragua currently contain an attributable JORC compliant resource base of 1,707,000 ounces of gold equivalent at 5.5 g/t in Nicaragua and an attributable 1,004,000 oz gold equivalent at 2.6g/t JORC compliant resource base in El Salvador. The Resource calculations are compiled by independent geologists SRK Consulting (UK) Limited for Nicaragua, and Ravensgate and Geosure for El Salvador.

 

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MSCUVRARUBANUAR