CDG Conroy Diam&Gld

 
TIDMCDG 
 
25 August 2009 
 
                        Conroy Diamonds and Gold P.l.c. 
 
                          ("Conroy" or "the Company") 
 
                        Subscription to raise EUR264,000 
 
Conroy (AIM:CDG) is pleased to announce that it has raised a total of EUR264,000 
by way of a subscription of 8.8 million new ordinary shares (the "Subscription 
Shares") with private client stockbrokers. 
 
Conroy intends to use the proceeds of the Placing, primarily to fund the 
ongoing work programmes at its gold prospects in Ireland, in relation to which 
the Company has already announced the discovery of in excess of 1 million 
ounces of gold resources, and for working capital generally. 
 
In addition, Wills & Co will be issued 400,000 shares at a price of 3.75p per 
share in lieu of GBP15,000 of fees (the "Fee Shares") for the provision of 
research and access to its subscriber database. 
 
Professor Richard Conroy, Chairman commented: 
 
"Our primary focus is the delineation and development of our gold discoveries 
in Ireland and these monies will allow us to move the projects forward, quite 
significantly.." 
 
Following the admission of the Subscription Shares and the Fee Shares to 
trading on AIM, the Company will have a total of 114,888,297 shares in issue. 
 
Application has been made to the London Stock Exchange for the Subscription 
Shares and Fee Shares to be admitted to trading on AIM and it is expected that 
admission will become effective and trading will commence on 28 August 2009. 
 
Enquiries: 
 
Conroy Diamonds and Gold Plc 
 
Professor Richard Conroy, Chairman        +353 1 661 8958 
 
John East & Partners Limited, a 
subsidiary of Merchant Securities Plc 
(Nomad) 
 
Simon Clements/Virginia Bull              +44 20 7628 2200 
 
Lothbury Financial 
 
Ron Marshman/Michael Padley               +44 20 7011 9411 
 
 
Further details on Conroy Diamonds and Gold can be found on its website at: 
www.conroydiamondsandgold.com 
 
 
 
 
 
END 
 

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