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Basic MaterialsHighly SpeculativeMicro CapValue Trap

Change of Adviser

23 July 2013

                     Conroy Gold and Natural Resources plc

                          ("Conroy" or "the Company")

                               CHANGE OF ADVISER

Conroy Gold and Natural Resources plc (AIM: CGNR, ESM: CGNR.I), the exploration
and mine development company which has discovered a thirty mile gold district
in Ireland running across Counties Armagh, Monaghan and Cavan and is planning
to develop its first operational gold mine at Clontibret in County Monaghan,
announces that Hybridan LLP has now become the sole Broker to the Company with
immediate effect.

Sanlam Securities UK remains as the Company's Nominated Adviser and IBI
Corporate Finance Limited remains as the Company's ESM Adviser.

For further information please contact:

Conroy Gold and Natural Resources plc                      Tel: +353-1-661-8958

Professor Richard Conroy, Chairman

Sanlam Securities UK Limited (Nomad)                       Tel:
                                                           +44-20-7628-2200

Simon Clements/Virginia Bull

Hybridan LLP (Broker)                                      Tel:
                                                           +44-20-7947-4350

Claire Louise Noyce / William Lynne

IBI Corporate Finance Limited (ESM Adviser)                Tel:
                                                           +353-766-234-800

Brian Farrell

Lothbury Financial Services                                Tel:
                                                           +44-20-7868-2010

Michael Padley/Michael Spriggs

Hall Communications                                        Tel: +353-1-660-9377

Don Hall

Visit the website at: www.conroygoldandnaturalresources.com

END

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