Conroy Gold & Natural Resources Plc - Warrant Exercise
(“Conroy Gold” or the “Company”)Conroy Gold and Natural Resources plc
Exercise of Warrants and Issue of Warrants
Conroy Gold and Natural Resources plc (AIM: CGNR), the gold exploration and development company focused on and , announces that it has received notice to exercise warrants over a total of 60,000 ordinary shares of €0.001 each (“Ordinary Shares”) at an exercise price of per Ordinary Share (the “Warrant Shares”), for which funds of £21,000 have been received by the Company.
The warrants (the “Financing Warrants”) were issued as part of the fundraising announced by the Company on . The proceeds from the exercise of the Financing Warrants will be used by the Company for general working capital purposes.
The Company has today, in accordance with the terms of the fundraising announced on , issued additional warrants to the warrantholder who has exercised warrants. The warrantholder has been issued with warrants to subscribe for 60,000 new ordinary shares in the Company at a price of per ordinary share (the “Super Warrants”). The Super Warrants expire on .
An application has been made for the Warrant Shares to be admitted to trading on the AIM market of the London Stock Exchange with effect from (“Admission”).
In accordance with the FCA’s Disclosure Guidance and Transparency Rules, the Company confirms that on Admission the Company’s enlarged issued ordinary share capital will comprise 32,319,705 Ordinary Shares. The Company does not hold any Ordinary Shares in Treasury. Therefore, following Admission, the above figure may be used by shareholders in the Company as the denominator for the calculations to determine if they are required to notify their interest in, or a change to their interest in the Company, under the FCA’s Disclosure Guidance and Transparency Rules.
For further information please contact:
Visit the website at:www.conroygold.com
Conroy Gold and Natural Resources plc Tel: +353-1-479-6180 Professor , Chairman Allenby Capital Limited (Nomad) Tel: +44-20-3328-5656 / Brandon Hill Capital Limited (Joint Broker) Tel: +44-20-3463-5000 First Equity Limited (Joint Broker) Tel: +44-20-7330-1883 Lothbury Financial Services Tel: +44-20-3290-0707 Hall Communications Tel: +353-1-660-9377
Richard Conroy Nick Athanas Nick Harriss Jonathan Evans Jason Robertson Michael Padley Don Hall
Quick facts: Conroy Gold and Natural Resources PLC
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