Helping Condor Gold's £67.5m offer by Metals Exploration take flight

14/01/2025

We’re delighted to have helped Condor Gold PLC with its recommended £67.5m acquisition by Metals Exploration PLC.

Condor is a gold exploration and development company with a focus on Nicaragua in Central America, while Philippines-focus Metals Exploration focuses on the exploration and development of mineral resources including various metals.

Condor’s Chair, Jim Mellon, said that together MTL and Condor Gold would form a "multi-asset and multi-jurisdiction gold platform with a management team possessing a strong track record of building and operating gold mines." Nick von Schirnding, chair of MTL, commented that the offer represents a "compelling strategic opportunity which provides an exciting future platform for growth, in line with our strategy of building a cash generative portfolio of projects."

Our thanks to our wonderful clients at Hill Dickinson.

To find our more about how we can ensure the success of your most prestigious M&A projects, chat with us today: hello@blackandcallow.com

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