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Conroy Gold & Natural Reso (CGNR)

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Tuesday 26 September, 2017

Conroy Gold & Natural Reso

Result of Court Hearing

26 September 2017

Conroy Gold and Natural Resources plc

(“Conroy” or “the Company”)

Result of Court Hearing

Conroy Gold and Natural Resources plc (AIM: CGNR; ESM: CGNR.I), the gold exploration and development company focused on Ireland and Finland, is pleased to announce that earlier today the High Court in Dublin held in favour of the Company in the case brought against it by Mr Patrick O'Sullivan. The Judge found that Mr O’Sullivan did not comply with the notification requirements under the Articles of Association of the Company in advance of the extraordinary general meeting and that there was nothing improper or untoward in the actions of the chairman at the meeting. Accordingly, all of the reliefs sought by Mr O’Sullivan, which included a declaration that he and the other two individuals nominated by him were entitled to be appointed to the board of directors, were refused by the Court.

Contacts:

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 Belliss / Elliot Hance

IBI Corporate Finance Limited (ESM Adviser)                                      Tel: +353-766-234-800

Ger Heffernan / Jan Fitzell

Lothbury Financial Services                                                                         Tel: +44-20-3290-0707

Michael Padley

Hall Communications                                                                                     Tel: +353-1-660-9377

Don Hall


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