Condor Gold has assembled a management team with considerable experience both in the mining sector and in financial markets. The Board comprises the chairman, the chief executive officer and four non-executive directors with relevant sector experience to complement the operational management.
The management team have a proven track record for maximising project potential and returning shareholder wealth and have extensive experience in mineral exploration, project development and project financing, ensuring that the Company has the best possible opportunity to achieve exploration success.
Condor's primary objective is to maximise shareholder value through contracting and operating a mine with an annual production of 100,000 ounces of gold per annum at its La India Project in Leon Province, Nicaragua, together with further expanding the mineral resource at La India by 1 million ounces of gold and proving a 5 million ounce gold district.
The board is highly committed to undertaking sound corporate governance practices in the interest of the Company's shareholders and believes it will enhance the probability of achieving its corporate objectives by focusing most of the exploration efforts on projects that have a robust exploration model with excellent potential to generate early cash flow.
Compliance with the UK Corporate Governance Code
The Board of Condor Gold plc (“the Company”) has adopted the QCA Corporate Governance Code (“the Code”) as its code of corporate governance. The Code is published by the Quoted Companies Alliance (“QCA”) and is available at www.theqca.com. The directors recognise the value of the Code, and apply its recommendations.
Please click here for information on Condor Gold Corporate Governance Policies.
Please click here for a description of how the Company applies and is in compliance with the Code.