"""" This follows its placement of 122,290,236 shares worth $1,467,482.83 including over $1 million by UK corporate broker Beaufort Securities.
Notably, this third and final tranche, which was priced at $0.012, completes the full $2 million investment subscription with Beaufort acting as placement agent that was signed in February.
Two earlier tranches were issued at $0.008, a premium to the then price of $0.006.
“Completion of the Beaufort raise gives us the strongest possible balance sheet as Condor becomes a mining company,” managing director Glen Darby said. """""
...and do people think Beauforts 'based in Europe' are fools to have taken 122 Mill shares of CDB on funding that will not eventuate?...think! They want more from this and I don't think they are here for a few pips....IMO!
CDB Price at posting:
1.2¢ Sentiment: LT Buy Disclosure: Held
