Condor Gold completes acquisition of La Mojarra

Condor Gold has closed the deal on the acquisition of the Lo Majorra concession in Nicaragua after receiving approval from the Minster of Energy and Mines, the company announced Friday.

Condor Gold has closed the deal on the acquisition of the Lo Majorra concession in Nicaragua after receiving approval from the Minster of Energy and Mines, the company announced Friday.

The gold exploration company said $200,000 is payable in cash and the rest will be paid $100,000 in shares in the transaction of Lo Mojarra which lies next to the southern extension of Condor's La India vein.

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