Update on Non-Brokered Private Placement

PRIOR TO PUBLICATION, THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT WAS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310. WITH THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

10 August 2026

           

Conroy   Gold   and   Natural   Resources   plc

(“ Conroy ” or the “ Company ”)

UPDATE ON NON-BROKERED PRIVATE PLACEMENT

• Original Proposed Fundraise level is expected to be oversubscribed
• Proposed Fundraise upper limit increased to c. £1.3 million

Conroy Gold and Natural Resources plc (AIM: CGNR), the gold exploration and development company focused on Ireland and Finland, announces that the Company has received expressions of interest from investors for a total amount of approximately £1.3 million in relation to its non-brokered private placement at a price of 8 pence per ordinary share of €0.001 (“Ordinary Shares”), the terms of which are set out in the Company’s announcement dated 29 July 2026 (the “Proposed Fundraise”).  

The new Ordinary Shares to be issued directly in respect of the Proposed Fundraise (the “Fundraise Shares”), or indirectly as a result of any exercise of warrants being issued as part of the Proposed Fundraise, will be subject to a restricted or 'lock-in' period ending 4 months from the date of allotment of the Fundraise Shares.

The Proposed Fundraise is expected to be oversubscribed by reference to the initially proposed amount of up to £800,000. The interest is from both existing and new investors that can contribute to the success of Conroy and its “Discs of Gold” project and primarily from a number of long-term value investors from North America. The Company, having taken into account both the strong support and the backgrounds of the investors, has decided to increase the upper limit of the Proposed Fundraise to c.£1.3 million.

It is expected that the subscription funds will be received in full by 15 August 2026 following which the Company will make an application for admission of the Fundraise Shares to trading on AIM.

A further announcement will be released at the appropriate time.

For further information please contact :

Conroy Gold and Natural Resources PLC	Tel:   [phone]
John Sherman, Chairman Maureen Jones, Managing Director
Allenby Capital Limited (Nomad)	Tel:   [phone]
Nick Athanas / Nick Harriss
Hybridan LLP (Broker) Claire Noyce Lothbury Financial Services	Tel:   [phone]     Tel:   [phone]
Michael Padley
Hall Communications	Tel:   [phone]
Don Hall

Visit the website at:   www.conroygold.com

---

4381422_0.jpeg

---