Conroy Gold & Natural Resources Plc Exercise of Warrants
09 November 2020 - 9:00PM
UK Regulatory
TIDMCGNR
9 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 a notice to exercise warrants over a total of 208,333 ordinary shares
of EUR0.001 each ("Ordinary Shares") at an exercise price of 16 pence per
Ordinary Share (the "Warrant Shares"), for which funds of c.GBP33,333.28 have
been received by the Company.
The warrants were issued as part of the fundraising announced on 18 February
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 12 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 31,288,871 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
Tel: +44-20-3328-5656
Allenby Capital Limited (Nomad)
Nick Athanas/Nick Harriss
Brandon Hill Capital Limited (Joint Broker)
Tel: +44-20-3463-5000
Jonathan Evans
First Equity Limited (Joint 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
END
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