19 November 2020
Conroy Gold and Natural Resources plc
(“Conroy Gold” or the “Company”)
Exercise of Warrants
Conroy Gold and Natural Resources plc (AIM: CGNR), the gold exploration and
development company focused on Ireland and Finland, announces that it has
received notice to exercise warrants over a total of 325,000 ordinary shares
of €0.001 each (“Ordinary Shares”) at an exercise price of 16 pence per
Ordinary Share (the “Warrant Shares”), for which funds of £52,000 have
been received by the Company.
The warrants were issued to Anglo Asian Mining plc as part of the proposed
joint venture announced on 21 July 2020. The proceeds from the exercise of the
warrants will be used by the Company for general working capital purposes.
An application has been made for the Warrant Shares to be admitted to trading
on the AIM market of the London Stock Exchange with effect from 24 November
2020 (“Admission”).
In accordance with the FCA’s Disclosure Guidance and Transparency Rules, the
Company confirms that on Admission the Company’s enlarged issued ordinary
share capital will comprise 32,259,705 Ordinary Shares. The Company does not
hold any Ordinary Shares in Treasury. Therefore, following Admission, the
above figure may be used by shareholders in the Company as the denominator
for the calculations to determine if they are required to notify their
interest in, or a change to their interest in the Company, under the FCA’s
Disclosure Guidance and Transparency Rules.
For further information please contact:
Conroy Gold and Natural Resources plc Tel: +353-1-479-6180
Professor Richard Conroy, Chairman
Allenby Capital Limited (Nomad) Tel: +44-20-3328-5656
Nick Athanas/Nick Harriss
Brandon Hill Capital Limited (Joint Broker) Tel: +44-20-3463-5000
Jonathan Evans
First Equity Limited (Joint Broker) Jason Robertson Lothbury Financial Services Tel: +44-20-7330-1883 T el: +44-20-3290-0707
Michael Padley
Hall Communications Tel : +353-1-660-9377
Don Hall
Visit the website at: www.conroygold.com
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