Conroy Gold and Natural Resources plc has raised €240,000 (£203,400) through the issue of unsecured and unlisted convertible loan notes to existing and new investors in the company. CLONTIBRET The conversion price for the CLNs is £0.10 per share, a 277% premium to the closing mid-market price of 2.65 pence for Conroy’s ordinary shares of […]
Tag: Conroy Gold and Natural Resources plc
Conroy finds antimony samples at Clontibret
Conroy Gold and Natural Resources plc has discovered antimony-bearing float samples from its Clontibret gold deposit area in County Monaghan, Ireland. TREND The company said it identified the boulders during recent work near a reported historic antimony trial pit, northeast of the two historic antimony mines of Tullybuck and Lisglassan. The company noted that the […]
Conroy Gold NED leaves to join BHP
Conroy Gold and Natural Resources plc non-executive director Marian Moroney has resigned, effective 28 February, to join BHP Group Ltd. SERVICE She left Conroy’s board due to potential conflicts of interest with her new executive role of head of prospect evaluation with the Australian iron ore, copper and metallurgical coal miner. “I am grateful for […]
Conroy begins ‘robust’ 3D model for Clontibret
Conroy Gold and Natural Resources plc has begun work on a “more robust” 3D geological model at the Clontibret gold deposit in County Monaghan, Ireland. ANTIMONY Current relogging on more than 16,000 metres of drill core has so far completed the cross sections in the existing deposit. The company has also nearly completed portable XRF […]
Conroy appoints John Sherman as chairman
Conroy Gold and Natural Resources plc appointed its deputy chairman John Sherman as chairman with immediate effect. DISCS OF GOLD His appointment follows the death last month of the company’s founder and executive chairman Richard Conroy. Mr Sherman is Professor Conroy’s son-in-law. Conroy has also named its licence area as the Discs of Gold project, […]
Obituary – mining executive Richard Conroy
Richard Conroy, whose experience covered mining, entrepreneurship, politics and medicine, has died aged 91 following a brief illness. LEGACY In 1995 Professor Conroy founded Conroy Gold and Natural Resources plc, of which he was executive chairman, exploring for base and precious metals in Ireland. He also held the same positions at Karelian Diamond Resources plc […]