Condor Gold Plc £475,000 Loan Facility
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Condor Gold plc has secured a £475,000 unsecured loan facility from Galloway Limited, a company owned by its Chairman, Jim Mellon. This financial move aims to support Condor Gold's operations.
November 14, 2024 | 3:00 pm
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Condor Gold plc has secured a £475,000 loan from Galloway Limited, owned by its Chairman, Jim Mellon. This loan is expected to provide financial support for the company's operations.
The loan facility provides Condor Gold with additional financial resources, which can be used to support its operations. This is a positive development as it indicates financial backing from the Chairman, potentially boosting investor confidence.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80