REG-Conroy Gold & Natural Resources Plc: Result of AGM and EGM

Conroy Gold and Natural ResourcesAnnouncement

22/12/2021 13:40

22 December 2021

Conroy Gold and Natural Resources plc

(“Conroy Gold” or “the Company”)

RESULTS OF ANNUAL GENERAL MEETING AND EXTRAORDINARY GENERAL MEETING

The Board of Conroy Gold (AIM: CGNR), the gold exploration and development
company focused on Ireland and Finland, announces that all resolutions put to
shareholders at the Company’s annual general meeting (“AGM”) held
earlier today were duly passed.

All resolutions were passed on a show of hands. The proxy votes received from
shareholders on each resolution put to the AGM are set out below.

 Resolutions        Votes for*      %  Votes against     %  Votes withheld** 
 Resolution 1       11,893,470    100              0     0                 0 
 Resolution 2 (a)   11,891,370    100              0     0                 0 
 Resolution 2 (b)   11,664,098    100              0     0           227,272 
 Resolution 3       11,643,209    100              0     0                 0 
 Resolution 4       11,643,209    100              0     0                 0 
 Resolution 5       11,415,835  98.05        227,272  1.95                 0 

*Includes discretionary votes

**A vote withheld is not a vote in law and is not counted in the calculation
of the proportion of votes "For" or "Against" any of the resolutions

The Company is also pleased to announce that the resolution put to
shareholders of the Company at the Company’s extraordinary general meeting
(“EGM”) held earlier today was also duly passed.

The resolution was passed on a show of hands. The proxy votes received from
shareholders on the resolution put to the EGM is set out below.

 No.  Resolution                                                                                                            Votes for   Votes against  Votes withheld  Total votes cast  % of issued share capital voted  
 1    Approval of the proposed joint venture with Demir Export on the terms and subject to the conditions of the Agreement  13,563,296  11             0               13,563,307        35.54%                           

Notes 
1. Any proxy appointments which gave discretion to the Chairman have been
included in the “votes” for total
2. A “vote” withheld is not a valid vote in Irish law and was not counted
in the calculation of the proportion of the votes “For” or “Against”
3. The percentage of issued share capital voted calculation uses the
Company’s total voting rights figure of 39,262,880 ordinary shares as
detailed in the Company’s announcement of 1 April 2021
The Company can confirm that having received the approval of shareholders at
the EGM held today, the directors are now empowered to sign the Agreement and
will proceed to do so on finalisation of any remaining ancillary
documentation.

Completion of the joint venture between Conroy Gold and Demir Export remains
subject to the satisfaction of certain outstanding conditions, details of
which were set out in the circular published by the Company on 6 December
2021, although good progress is being made on the necessary regulatory
consents in the Republic of Ireland and Northern Ireland.

A further announcement will be made by the Company on formal signing of the
Agreement and again once the outstanding conditions for completion of the
Joint Venture have been fulfilled and the Joint Venture has become
unconditional. Whilst the Board is confident that the outstanding conditions
will be satisfied there can be no guarantee that this will occur and that the
Agreement will become unconditional.

Unless otherwise defined, all capitalised terms used but not defined in this
announcement relating to the EGM shall have the meaning given to them in the
Circular dated 6 December 2021, a copy of which is available to view on the
Company’s website (www.conroygold.com)

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                                     
 First Equity Limited (Broker)          Tel: +44-20-7330-1883  
 Jason Robertson                                               
 Lothbury Financial Services            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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