Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Update on Non-Brokered Private Placement

10th Aug 2026 07:00

Conroy Gold & Natural Resources Plc - Update on Non-Brokered Private Placement

Conroy Gold & Natural Resources Plc - Update on Non-Brokered Private Placement

PR Newswire

LONDON, United Kingdom, August 10

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.

10 August 2026

 

           

Conroy Gold and Natural Resources plc

(“ Conroy ” or the “ Company ”)

UPDATE ON NON-BROKERED PRIVATE PLACEMENT

Original Proposed Fundraise level is expected to be oversubscribed Proposed Fundraise upper limit increased to 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 the Company has received expressions of interest from investors for a total amount of approximately £1.3 million 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 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 Proposed Fundraise is expected to be oversubscribed by reference to the initially proposed amount of up to £800,000. The interest is from both existing and new investors that can contribute to the success of Conroy and its “Discs of Gold” project and primarily from a number of long-term value investors from North America. The Company, having taken into account both the strong support and the backgrounds of the investors, has decided to increase the upper limit of the Proposed Fundraise to c.£1.3 million.

It is expected that the subscription funds will be received in full by 15 August 2026 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

 


4381422_0.jpeg


Related Shares:

Conroy Gld&nres
FTSE 100 Latest
Value10,844.19
Change-18.31