Update on Non-Brokered Private Placement
PRIOR TO PUBLICATION, THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT WAS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310. WITH THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
17 August 2026
Conroy
Gold
and
Natural
Resources
plc
(“
Conroy
” or the “
Company
”)
UPDATE ON NON-BROKERED PRIVATE PLACEMENT
-
Original Proposed Fundraise level oversubscribed
-
Fundraise expected to close at c. £1.3 million
Conroy Gold and Natural Resources plc (AIM: CGNR), the gold exploration and development company focused on Ireland and Finland, announces that in relation to its non-brokered private placement at a price of 8 pence per ordinary share of €0.001 (“Ordinary Shares”), the terms of which are set out in the Company’s announcement dated 29 July 2026 (the “Proposed Fundraise”), the Company has received commitments of £910,000 and is closing out on remaining expressions of interest up to the upper limit of c. £1.3 million noted in the Company’s announcement dated 10 August 2026.
Full details of the non-brokered private placement are set out in the Company’s announcement dated 29 July 2026.
The new Ordinary Shares to be issued directly in respect of the Proposed Fundraise (the “Fundraise Shares”), or indirectly as a result of any exercise of warrants being issued as part of the Proposed Fundraise, will be subject to a restricted or 'lock-in' period ending 4 months from the date of allotment of the Fundraise Shares.
The Company now expects to close out the Proposed Fundraise as subscription funds are received in full over the coming week or so following which the Company will make an application for admission of the Fundraise Shares to trading on AIM.
A further announcement will be released at the appropriate time.
For further information please contact
:
Conroy Gold and Natural Resources PLC
Tel:
+353-1-479-6180
John Sherman, Chairman
Maureen Jones, Managing Director
Allenby Capital Limited (Nomad)
Tel:
+44-20-3328-5656
Nick Athanas / Nick Harriss
Hybridan LLP (Broker)
Claire Noyce
Lothbury Financial Services
Tel:
+44-20-3764-2341
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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