Condor Energies Raises C$71.5M Through 12% Convertible Debentures
Condor Energies closed C$71.5 million in unsecured convertible debentures, convertible at C$6.00 and maturing Oct. 15, 2029. Proceeds will fund projects in Uzbekistan and Kazakhstan; the debentures are expected to trade on the TSX as CDR.DB from Oct. 15, 2026.
Condor Energies completed a C$71.5M financing through 12% unsecured convertible debentures, with a C$6.00 conversion price. The debentures mature Oct. 15, 2029, and proceeds will fund projects in Uzbekistan and Kazakhstan. The debentures are expected to begin trading on the TSX under CDR.DB on Oct.
15, 2026.