REG-Conroy Gold & Natural Resources Plc: Issue of Shares

Conroy Gold and Natural ResourcesAnnouncement

17/08/2022 07:15

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION
11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310.

17 August 2022

Conroy Gold and Natural Resources plc

(“Conroy Gold” or the “Company”)

Issue of shares

The Company announces that it has today issued 75,286 new ordinary shares of
€0.001 each (“Ordinary Shares”) to Charles David Wathen, a former
non-executive director of the Company, in lieu of outstanding fees totalling
approximately €21,472 (the "Outstanding Fees") owed to Mr Wathen from his
time on the board of the Company. Mr Wathen left the board of Conroy Gold in
August 2017. The new Ordinary Shares have been issued at the closing
mid-market price of the Company’s Ordinary Shares on 16 August 2022, being
24.0 pence per Ordinary Share (the “Issue Price”). At the Issue Price, the
Outstanding Fees are convertible into 75,286 new Ordinary Shares in the
Company.   

Application has been made to the London Stock Exchange for the 75,286 new
Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected
that Admission will become effective on, or around, 23 August 2022.

Total Voting Rights

Following Admission, the issued share capital of the Company will comprise
43,031,512 Ordinary Shares of €0.001, with one voting right per share. The
Company does not hold any shares in treasury. Therefore, the total number of
Ordinary Shares and voting rights in the Company will be 43,031,512.

Following Admission, the above figure may be used by shareholders in the
Company as the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change to their
interest in, the share capital of 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/Freddie Wooding                                                                                    
 First Equity Limited (Broker) Jason Robertson   Lothbury Financial Services  Tel: +44-20-7330-1883    Tel: +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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