Conroy Gold and Natural Resources plc said it hoped to raise £2.25 million to fund its exploration projects and its proposed joint venture with Turkish miner Demir Export AS. The metals mining company, focused on Ireland and Finland, will conduct a placing and subscription to raise some £1.87 million (before expenses). Conroy Gold will also […]
Tag: Conroy Gold and Natural Resources plc
Conroy Gold raised €1m as losses increased in H1 2020
Conroy Gold and Natural Resources plc has recorded increased losses while raising more than €1 million for its mining projects on either side of the Irish Border and in Finland. In its unaudited results published last Friday (26 February) for the half year ended 30 November 2020, loss after taxation for was €703,294 (six-month period […]
Conroy proposes joint venture with Turkish miner
Conroy Gold and Natural Resources plc said it had signed a letter of intent (LOI) with Demir Export, which could give the Turkish miner 57% of its gold exploration project on the Irish border. PROJECT INIS The move comes as the junior mining company also announced that discussions had ended on a proposed JV with […]
Conroy Gold plans joint venture for Irish licences
Conroy Gold and Natural Resources plc has reported “encouraging” survey results and plans for a joint venture for its Irish gold licences. CARGALISGORRAN The 2,800m ground geophysical survey focused on the Cargalisgorran part of the Clay Lake gold target in Armagh, Northern Ireland. Reinterpretation of the geology using new geophysical data “highlighted details of the […]
Conroy Gold raises £43,750 through warrant exercise
Conroy Gold and Natural Resources plc said it had received £43,750 following notices to exercise warrants over a total of 125,000 ordinary shares of €0.001 each (ordinary shares) at an exercise price of 35 pence per ordinary share (warrant shares). The warrants (financing warrants) were issued as part of the fundraising announced by the company […]