31st Aug 2007 08:00
Condor Resources PLC31 August 2007 31ST AUGUST 2007 Condor Resources plc Trading on PLUS Markets Condor Resources plc (the Company) is pleased to announce that its ordinaryshares have been admitted to trading on PLUS Markets, under the same tradingsymbol as on AIM: CNR PLUS Markets is an independent London-based equity market service, provided byPLUS Markets Group plc, which was recently approved as a Recognised InvestmentExchange. PLUS Markets is based on a quote-driven trading system and currentlytrades over 1,000 small and mid-cap company shares representing a combinedmarket capitalisation of around GBP200 billion. Condor Resources plc's ordinary shares will continue to be quoted and traded onAIM and trading through PLUS is intended to enhance investor choice, improveliquidity for shareholders and provide greater access to investors. Enquiries: Condor Resources Plc Mark Child, Chairman +44 20 7408 1067 Nigel Ferguson, CEO +44 20 7808 7222 Nabarro Wells & Co. Limited Hugh Oram +44 20 7710 7400 Anthony Rowland +44 20 7710 7419 Mirabaud Securities Limited Rory Scott +44 20 7878 3360 Parkgreen Communications Limited Simon Robinson Erica Nelson +44 20 7851 7480 About Condor Resources Plc: Condor Resources Plc was admitted to AIM on 31st May 2006 raising £4.9m prior tocosts. Condor is a mineral exploration company focused on El Salvador andNicaragua. The Company has 100% ownership of four licenses and is earning 100%interest in a fifth licence contained in three project areas in El Salvador.Condor also has four 100% owned licences and the option to earn an 80% interestin a further four licences contained within four project areas in Nicaragua. An independent competent person's report prepared by Ravensgate and included inthe Company's Admission Document combined with a subsequent mineral resourcecalculation statement in December 2006 reported Inferred Mineral Resources, asdefined by the JORC standard of some 467,104oz gold and 18.4Moz silver withintwo project areas in El Salvador. The Company's objective is to prove up significant gold and silver resources ofbetween 1 to 2 million ounces of gold and 30 to 50 million ounces of silver toJORC reportable standards by the 31st May 2008. The Company intends to continueto drill test targets within its Project areas. The total drilling programme isplanned to be between 20,000m and 40,000m of combined reverse circulation anddiamond drilling. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Condor Gold