Condor Energies closes C$72 million financing for projects in Central Asia

AI-summarized · Neutrality-checked

Calgary-based Condor Energies Inc. closed a C$72 million financing round consisting of a C$28.26 million brokered public offering and a C$43.28 million non-brokered private placement. The financing, co-led by Research Capital Corporation and Canaccord Genuity Corp., involved the issuance of 12% unsecured convertible debentures. These funds were raised to…

Sources and context

Know where. Know why.