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Condor Energy Secures A$3 Million to Accelerate Peru Gas Exploration
9:23am on Thursday 23rd of January, 2025 AEDT
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Energy
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Condor Energy Secures A$3 Million to Accelerate Peru Gas Exploration
9:23am on Thursday 23rd of January, 2025 AEDT
Key Points
A$3 million placement backed by institutional and sophisticated investors
Funds to support technical work and resource assessments in Tumbes Basin TEA
Focus on commercialising Piedra Redonda gas discovery with 1 Tcf 2C contingent resource
Placement shares issued at $0.026, a 15.9% discount to VWAP
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