NEW YORK, April 24, 2017 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000
U.S. and global securities, today announced Condor Gold (London
AIM: CNR; OTCQX: CNDGF), a UK based gold exploration company, has
qualified to trade on the OTCQX® Best Market.
Condor Gold begins trading today on OTCQX under the symbol
"CNDGF." U.S. investors can find current financial disclosure and
Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased to welcome Condor Gold to our market of
investor-focused companies on our OTCQX market," said Jason Paltrowitz, Executive Vice President of
Corporate Services at OTC Markets Group. "OTCQX provides a
transparent, efficient U.S. trading market for international
companies that seek to broaden their shareholder base in the U.S.
without incurring the high cost and complexity of a U.S. stock
exchange listing. We look forward to supporting Condor Gold in its
continued growth as a publicly-traded company."
Mark Child, Chairman and CEO
commented: "Condor Gold has been listed on the London Stock
Exchange for 10 years and has drilled and completed the technical
studies to prove the largest gold resource and reserve in
Nicaragua. La India Project has a
CIM Compliant Mineral Resource of 9.6Mt at 3.5g/t gold for
1,083,000 oz gold in the Indicated Category and 8.5Mt at 4.5g/t
gold for 1,231,000 oz gold in the Inferred category. The
Company is in the final stages of permitting a 2,800tpd processing
plant, which has capacity to produce 100,000 oz gold p.a. at an
all-in-sustaining cash cost of US$700
per oz gold. The OTCQX provides Condor Gold with a secondary
market in the U.S. where there is a large pool of investors who
invest in the gold exploration and development sector in the
Americas."
Condor Gold was sponsored for OTCQX by Burns Figa & Will PC,
a qualified 3rd party firm responsible for providing
guidance on OTCQX requirements and recommending
membership.
Condor Gold plc is a UK based gold exploration company with a
CIM-compliant mineral resource of 2.32-million-ounce gold at 4.0
grams per ton (g/t) including a high grade open pit resource of
1.08 million ounces gold at 3.5 g/t on its 100% owned La India
Project in Nicaragua.
More information on Condor Gold can be found by visiting its
website at www.condorgold.com
About OTC Markets Group Inc.
OTC Markets Group Inc.
(OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture
Market, and the Pink® Open Market for 10,000 U.S. and global
securities. Through OTC Link® ATS, we connect a diverse
network of broker-dealers that provide liquidity and execution
services. We enable investors to easily trade through the
broker of their choice and empower companies to improve the quality
of information available for investors.
To learn more about how we create better informed and more
efficient markets, visit www.otcmarkets.com
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and
SEC regulated ATS.
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Media Contact:
OTC Markets Group Inc., +1 (212)
896-4428, media@otcmarkets.com
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SOURCE OTC Markets Group Inc.