KDR.L

Karelian Diamond Resources Plc
Karelian Diamond Resources Plc - Death of Director
15th October 2024, 13:30
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[Description: Description: Karelian]

Karelian Diamond Resources PLC

("Karelian" or the "Company")

15 October 2024

Death of Director

Karelian Diamond Resources PLC (AIM: KDR), the natural resource exploration and
development company focused on Ireland and Finland, announces with great sadness
that its founder and Executive Chairman, Professor Richard Conroy, has passed
away after a brief illness.

On behalf of the Board, Séamus FitzPatrick, Deputy Chairman of Karelian,
commented:

"Richard's accomplishments across the diverse range of medicine, politics and
indeed mineral exploration garnered respect from all. His entrepreneurial and
inquiring spirit was excited by the opportunities in mine exploration and
development, and his skills, honed in Zinc and Gold in Ireland, spread to
Finland where his vision of the Karelian Craton having the potential for a
significant European diamond mine is being steadily realised by the Company.
Equally, the Company's recent progress on its Copper, Nickel and Platinum-Group
-Element project in Northern Ireland held true to his belief in the potential of
Ireland to provide a European solution to the shortfall in critical minerals
necessary for a modern economy. In Karelian Diamond Resources, we intend to
continue to build on his substantial legacy and deliver on Richard's vision for
the company."

Further Information:

Karelian Diamond Resources PLC             +353-1-479-6180
Allenby Capital Limited (Nomad)            +44-20-3328-5656

Nick Athanas / Nick Harriss
Peterhouse Capital Limited (Joint Broker)  +44-20-7469-0930

Lucy Williams / Duncan Vasey
CMC Markets (Joint Broker)                 +44-20-3003-8632

Douglas Crippen
Lothbury Financial Services                +44-20-3290-0707

Michael Padley
Hall Communications                        +353-1-660-9377

Don Hall

http://www.kareliandiamondresources.com


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