Conroy Appoints Seamus FitzPatrick as Deputy Chair
07/02/2013 07:00
7 February 2013
Conroy Gold and Natural Resources plc
("Conroy" or "the Company")
Conroy Appoints Seamus FitzPatrick as Deputy Chairman
Conroy Gold and Natural Resources plc (AIM:CGNR; ESM:CGNR.I), the gold
exploration and development company developing a gold mine at Clontibret in Co.
Monaghan, Ireland, is pleased to announce the appointment of Mr Seamus
FitzPatrick as Deputy Chairman (Non-executive).
Mr FitzPatrick, who has been a Non-Executive Director of Conroy for the past
five years, has worked in both corporate finance and private equity in London
and New York with Morgan Stanley International, J.P. Morgan Capital Partners
and Bankers' Trust. In 1999 he co-founded CapVest Associates LLP, which has
raised funds in excess of 2.0 billion. He is chairman of the Mater Private
Hospital and Valeo Foods Limited, and is a board member of Reno Norden AB. He
is also a member of the board of Karelian Diamond Resources plc.
Conroy has under licence the entire thirty mile gold trend which it has
discovered in the Longford-Down Massif in Ireland and has discovered a series
of significant gold targets along the trend. Scoping studies have been
completed by independent consultants Tetra Tech WEI Inc. on Clontibret with
positive technical and financial results. Recent metallurgical studies by
Goldfields on behalf of the Company have shown 90% gold recovery in flotation
tests.
Commenting today, Chairman, Professor Richard Conroy said:
"Mr Seamus FitzPatrick, with his business ability and wide ranging experience
in corporate and financial matters, has already played a major role in the
ongoing success and development of the Company. I am delighted that he has
agreed to become Deputy Chairman.I look forward to his advice and support over
the coming years as the Company moves from exploration to production."
For further information please contact:
Conroy Gold and Natural Resources plc Tel: +353-1-661-8958
Professor Richard Conroy, Chairman
Merchant Securities Limited (Nomad) Tel: +44-20-7628-2200
Simon Clements/Virginia Bull
Hybridan LLP (Joint Broker) Tel: +44-20-7947-4350
Claire Noyce/Deepak Reddy
Shore Capital Stockbrokers Limited (Joint Broker) Tel: +44-20-7408-4050
Jerry Keen/Bidhi Bhoma/Toby Gibbs
IBI Corporate Finance Limited (ESM Adviser) Tel: +353-766-234-800
Brian Farrell
Lothbury Financial Services Limited Tel: +44-20-3440-7620
Michael Padley/Michael Spriggs
Hall Communications Tel: +353-1-660-9377
Don Hall
Visit the website at: www.conroygoldandnaturalresources.com
END