Conroy Gold and Natural Resources plc has agreed to restructure accrued salaries and fees, owed to certain past and present directors, by linking payment to commercial production and an increase in share price. SHAREHOLDERS Among the measures proposed, the directors would receive an aggregate 8.067 million, seven-year share options each at an exercise price of […]
Tag: Conroy Gold and Natural Resources plc
Conroy finds more gold anomalies at Skullmartin
Conroy Gold and Natural Resources plc has discovered five additional gold anomalies from sampling along the Skullmartin gold trend in the Longford-Down massif in Ireland. EXTENSION The assay results are from 265 of the 468 soil samples collected across Skullmartin on a 1km2 or 500m2 bases over the past two years. Thirty of the regional samples had […]
Conroy finds lode style outcrop near Corcaskea
Conroy Gold and Natural Resources plc has found a lode gold style mineralised outcrop, named McCully’s, outside the Clontibret gold deposit and near the Corcaskea gold target in County Monaghan, Ireland. ORIENTATION McCully’s outcrop lies 300m to the north of the closest drill hole at Clontibret and 200m to the south of Corcaskea. The company […]
Conroy raises €240,000 via CLNs
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 […]
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 […]