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Conroy Gold and Natural Resources plc
("Conroy Gold" or the "Company")
Appointments of Non-Executive Director and Finance Director
Conroy Gold and Natural Resources plc (AIM: CGNR), the gold exploration and
development Company focused on Ireland and Finland , is pleased to announce the
appointments of Marian Moroney as a Non-Executive Director and Cathal Jones as
Finance Director of the Company, both with immediate effect.
Marian is a recognised and accomplished leader in the exploration and mining
industry with over 30 years' experience in exploration, mining, strategic
planning, governance, identifying new business opportunities, joint venture
management and oversight, and mergers and acquisitions.
Marian spent over 20 years with Barrick Gold Corporation in senior roles and was
named as one of Barrick's inaugural partners in 2015, followed by her being
voted as one of 100 Global Inspirational Women in mining in 2016. Her time with
Barrick included 5 years as Vice President - New Exploration Opportunities where
she had specific responsibility for identifying, reviewing and securing new
operating districts for Barrick through multiple and innovative earn-in
agreements.
Marian led and coordinated a large multidisciplinary team to progress the
Alturas gold deposit through the various exploration stages to establish a
resource base of more than 9Moz of gold and delivered a comprehensive scoping
study document envisaging potential development and production scenarios.
She is also a past board member for the Prospectors and Developers Association
of Canada ("PDAC" - 2014-2017) and TSX-V listed Reunion Gold Corporation (2019
-2022) and is a current member of the PDAC Geoscience Committee, Society
Economic Geologists, and Australian Institute of Mining and Metallurgy.
Cathal Jones qualified as a chartered accountant with PwC in 1999 and worked in
accountancy practice for over 15 years. He moved to Deloitte in 2002 where he
was a senior manager and Director in the Corporate Finance department, acting in
lead advisory roles primarily in the natural resources and renewable energy
sectors assisting clients with project finance, capital raising, M&A and overall
strategic direction.
Cathal joined Ardilaun Energy Limited in 2014 as finance director. Ardilaun
Energy Limited acquired the Irish oil and gas assets of AIM quoted San Leon
Energy plc in 2014. He is also a founding director of Dunraven Resources plc
which acquired the Tunisian offshore oil exploration assets of Circle Oil plc in
2018 (the formerly AIM quoted oil and gas development and production company).
He is currently the Company Secretary for Conroy Gold and has been working in a
consultancy role with the Company for a number of years assisting with the
preparation of financial statements and other corporate finance matters
including joint venture negotiations. Cathal holds a degree in Law and
Accounting from the University of Limerick and is a Fellow of the Institute of
Chartered Accountants in Ireland .
Professor Richard Conroy, Chairman, commented:
"We are delighted to welcome Marian to the Board as a Non-Executive Director.
Her experience lends itself to the new and exciting stage the Company is at, in
particular her knowledge and experience of leading a team in the assessment and
progression of discovered resource through to production feasibility. Her input
into the process of selecting our next joint venture partner and structuring the
partnership to best develop the new and potentially world-class gold districts
owed by the Company in Ireland will be invaluable."
"We are also delighted to welcome Cathal Jones to the Board as Finance Director.
Cathal's knowledge of the Company as well as his corporate finance experience
will be crucial as the Company moves forward in building on its extensive and
potentially world class discoveries."
The following information is disclosed in accordance with rule 17 and Schedule
2(g) of the AIM Rules for Companies:
Marian Anne Moroney (aged 54) holds, or has held in the past 5 years, the
following directorships and partnerships:
+---------------+----------------------------------------------------------+
|Current |Former directorships / partnerships within past five years|
|directorships /| |
|partnerships | |
+---------------+----------------------------------------------------------+
|None |Reunion Gold Corporation |
+---------------+----------------------------------------------------------+
Marian does not hold any shareholding in the Company.
CathalJames Jones (aged 48) holds, or has held in the past 5 years, the
following directorships and partnerships:
+------------------------+-----------------------------+
|Current directorships / |Former directorships / |
|partnerships |partnerships within past five|
| |years |
+------------------------+-----------------------------+
|Conroy Gold (Armagh) |None |
|Limited | |
| | |
|Conroy Gold (Clontibret)| |
|Limited | |
| | |
|Conroy Gold (Longford | |
|Down) Limited | |
| | |
|Ardilaun Energy Limited | |
| | |
|Ardilaun Island Holdings| |
|Limited | |
| | |
|Island Oil & Gas Limited| |
| | |
|Island Expro Limited | |
| | |
|Island Assets Porcupine | |
|Limited | |
| | |
|Island (Seven Heads) | |
|Limited | |
| | |
|Island Donegal Limited | |
| | |
|Island Rockall JV | |
|Limited | |
| | |
|Ardilaun Energy Group | |
|Designated Activity | |
|Company | |
| | |
|Dunraven Resources | |
|Public Limited Company | |
| | |
|Irish Medical Systems | |
|Limited | |
+------------------------+-----------------------------+
Cathal has a total interest in 208,952 shares in the Company, representing 0.44
per cent. of the Company's issued share capital.
For further information please contact:
Conroy Gold and Natural Resources plcTel: +353-1-479-6180
Professor Richard Conroy, Chairman
Allenby Capital Limited (Nomad)Tel: +44-20-3328-5656
Nick Athanas/Nick Harriss
Peterhouse Capital Limited (Broker)Tel: +44-20-7469-0930
Lucy Williams / Duncan Vasey
Lothbury Financial ServicesTel: +44-20-3290-0707
Michael Padley
Hall CommunicationsTel: +353-1-660-9377
Don Hall
Visit the website at: www.conroygold.com
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Conroy Gold & Natural Resources Plc
Conroy Gold & Natural Resources Plc - Directorate Change
20th May 2024, 06:00
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