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Metals Exploration finalizes acquisition of Condor Gold

PRIVATEJan 13, 2025

Acquiring Company

Metals Exploration PLC

Acquired Company

Condor Gold PLC

LondonMineralMining TechnologyMiningPrecious Metals

Description

Metals Exploration PLC has completed the acquisition of Condor Gold, following the court sanction of a scheme of arrangement. The acquisition encompasses the entire issued and to be issued share capital of Condor Gold, and the transaction was subject to terms and conditions detailed in a scheme document released on December 11, 2024.

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Company Information

Company

Metals Exploration PLC

Location

London, England, United Kingdom

About

Metals Exploration PLC is a mining exploration and production company listed on AIM (MTL). The company is focused on exploring and developing gold and other mineral resources. It aims to expand its portfolio through strategic acquisitions and is committed to maximizing the value of its projects for the benefit of its shareholders.

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Frequently asked

Who acquired Condor Gold PLC?

Condor Gold PLC was acquired by Metals Exploration PLC, based in London. The deal was reported on January 13, 2025. Metals Exploration PLC is a mining exploration and production company listed on AIM (MTL). The company is focused on exploring and developing gold and other mineral resources. Metals Exploration PLC is privately held and operates in Mineral.

When did Metals Exploration PLC acquire Condor Gold PLC?

Metals Exploration PLC's acquisition of Condor Gold PLC was reported on January 13, 2025. Metals Exploration PLC has completed the acquisition of Condor Gold, following the court sanction of a scheme of arrangement. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Condor Gold PLC do?

Condor Gold PLC is a company involved in the exploration, development, and operation of gold mining projects. It has received a recommended offer from Metals Exploration PLC for the acquisition of all its issued and to be issued ordinary share capital. It is privately held, operating in Mining.

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