Mr. Mark Child reports
DIRECTOR SHARE PURCHASE
On July 9, 2020, Jim Mellon, a non-executive director of Condor Gold PLC, purchased 400,000 ordinary shares in the company at a price of 38 pence per share for a total purchase consideration of 152,000 pounds sterling.
Accordingly, further to the purchase, Mr. Mellon owns directly and indirectly a shareholding of 18,426,963 ordinary shares.*
* Mr. Mellon owns a direct and indirect aggregate shareholding of 18,426,963 ordinary shares or 15.7 per cent of the company. The direct interest is in 2,889,883 ordinary shares and the indirect interest is in 15,537,080 ordinary shares held through Galloway Ltd. Galloway is wholly owned by Burnbrae Group Ltd., which is wholly owned by Mr. Mellon.
About Condor Gold PLC:
The company is a gold exploration and development company with a focus on Nicaragua.
The technical and scientific information in this press release has been reviewed, verified and approved by Andrew Cheatle, PGeo, who is a qualified person as defined by National Instrument 43-101.
We seek Safe Harbor.
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