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CGNR Conroy Gold & Natural Resources Plc

11.50
0.20 (1.77%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Conroy Gold & Natural Resources Plc LSE:CGNR London Ordinary Share IE00BZ4BTZ13 ORD EUR0.001 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.20 1.77% 11.50 11.00 12.00 11.50 11.30 11.30 75,120 09:13:45
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 257k -363k -0.0081 -14.20 5.15M

Conroy Gold & Natural Resources Plc - AGM Statement and Result of AGM

21/12/2017 11:52am

PR Newswire (US)


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                                                                                                                            21 December 2017

Conroy Gold and Natural Resources plc

(“Conroy” or “the Company”)

AGM STATEMENT

RESULT OF AGM

__________________________________________________________________

At today’s Annual General Meeting of Conroy Gold and Natural Resources plc (AIM: CGNR), the Chairman, Professor Richard Conroy made the following statement:

“We have continued to make progress on all the target sites but particularly at Clay Lake-Clontibret, our main focus. The updated mineral resource estimate, compiled to JORC standard, showed a 26% increase in the resource grade and a 23% increase in the gold grade in the indicated category. There is also strong geological evidence to suggest that the lodes have a more extensive strike length than previously interpreted. In addition, the new data from old antimony workings that became available during the year helped with the understanding of the structure and the antimony itself is economic and therefore potentially another income source given its status as a strategic mineral.

“It is still very much our intention not only to develop a gold mine at Clontibret but also to build up towards a multi-million Oz gold resource on our license area and the Board is looking at how best to do this efficiently and quickly.

“Thank you for your support and for attending the AGM.”

All Resolutions were duly passed.

Further Information:

Conroy Gold and Natural Resources plc Tel: +353-1-479-6180
Professor Richard Conroy, Chairman
Allenby Capital Limited (Nomad) Tel: +44-20-3328-5656
Virginia Bull/James Thomas/Nick Harriss
Beaufort Securities (Broker) Tel: +44-20-7382 8300
Jon Bellis/Elliot Hance
Lothbury Financial Services Tel: +44-20-3290-0707
Michael Padley
Hall Communications Tel: +353-1-660-9377
Don Hall

Visit the website at: www.conroygold.com

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