Karelian Diamond Resources plc has raised £290,000 through the issue of unsecured convertible loan notes to existing and new investors. LICENCES The three-year loan notes have a conversion price of 1.5 pence per share, which is a 300% premium to the closing mid-market price of 0.375 pence for the company’s ordinary shares on 19 March […]
Tag: Conroy Gold and Natural Resources plc
Conroy intersects deepest mineralisation to date
Conroy Gold and Natural Resources plc said it had intersected the deepest gold mineralisation to date, in the first hole of 2,000 metres deep drilling, at Clontibret in Co. Monaghan, Ireland. TARGET Today’s results from drill hole CGC-25-001 include 2.8m at 4.5 grams per ton gold intersected, including 0.5m at 15.0 g/t gold. The company […]
Conroy completes 2,000m drilling at Clontibret
Conroy Gold and Natural Resources plc has completed 2,000 metre drilling to test for higher gold grade and at greater depth, as well as for antimony, at Clontibret in Co. Monaghan, Ireland. THIRD RIG Drill core from the two holes is currently being logged, cut and sampled before being sent to the ALS laboratory in […]
Conroy issues 4.5m new ordinary shares
Conroy Gold and Natural Resources plc has issued a total of 4,558,258 new ordinary shares of €0.001 each, following warrants exercises at 9.5 pence per ordinary share, for circa £433,034. TVRs The warrants relate to the company’s fundraise on 9 October 2024, with the remaining 2,697,224 unexercised warrants now lapsed. Substantial shareholder Philip Hannigan received […]
Conroy raises £1.7m via private placement
Conroy Gold and Natural Resources plc has raised £1,728,700 through a non-brokered private placement for 7,287,000 new ordinary shares of €0.001, at 10 pence per share. TVRs Each fundraise share has one warrant attached to subscribe for one new ordinary share, at a price of 17 pence over the next two years. The company said […]
Conroy increases fundraise to £1.7m
Conroy Gold and Natural Resources plc has increased its recent fundraise to a total of £1,728,700, following further commitments from investors. ADMISSION The non-brokered private placement, at 10 pence per share, was oversubscribed when compared with the company’s initial intention on 12 September to raise £1.5 million. The fundraise attracted interest from current investors and […]