Conroy Gold and Natural Resources (GB:CGNR) has released an update.
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Conroy Gold and Natural Resources plc has successfully raised £259,000 through a share issuance at a discount, with significant director participation, including Chairman Professor Richard Conroy. The funds are earmarked for advancing work on their gold exploration projects in Ireland, which show potential akin to major international gold deposits, and for attracting joint venture partnerships or strategic investments. The fundraising also includes the issuance of warrants, exercisable within 12 months, to support the company’s ongoing development and working capital needs.
For further insights into GB:CGNR stock, check out TipRanks’ Stock Analysis page.
