CDG Conroy Diam&Gld

 
TIDMCDG 
 
19 November 2009 
 
                        Conroy Diamonds and Gold P.l.c. 
 
                          ("Conroy" or "the Company") 
 
                        Subscription to raise GBP250,000 
 
Conroy (AIM: CDG) is pleased to announce that it has raised GBP250,000 by way of 
a subscription for 7,142,857 new ordinary shares (the "Subscription Shares") at 
3.5p each from T1ps Smaller Companies Growth Fund and T1ps Smaller Companies 
Gold Fund. T1ps Smaller Companies Growth Fund and T1ps Smaller Companies Gold 
Fund are both managed by T1ps Investment Management Limited, a subsidiary of 
Rivington Street Holdings Limited. 
 
The Company intends to use the proceeds of the share issue primarily to fund 
the ongoing work programmes at its gold prospects in Ireland and for working 
capital generally. In relation to the Company's gold prospects in Ireland the 
Company has already outlined a JORC compliant resource of more than one million 
ounces of near surface gold and more recently announced, in close (7km) 
proximity to the discovery, a large gold-in-soil anomaly at Clay Lake which has 
now had gold proven in bedrock together with an extensive zinc-in-soil-anomaly 
to the south of Clay Lake with zinc-in-soil values ranging up to 4,047parts per 
million zinc. 
 
Professor Richard Conroy, Chairman commented: 
 
"The funds we have raised will allow us to move the Clontibret gold project 
forward whilst continuing ongoing work programmes at Clay Lake and other 
prospects". 
 
Following the admission of the New Shares to trading on AIM, the Company will 
have a total of 142,864,487 shares in issue. On admission, T1ps Investment 
Management Limited, as manager of T1ps Smaller Companies Growth Fund and T1ps 
Smaller Companies Gold Fund, will be beneficially interested in 7,142,857 
ordinary shares in the Company, equivalent to 5.00 per cent. of the issued 
share capital. These shares are registered in the name of Bank of New York 
Nominees. 
 
Application has been made to the London Stock Exchange for the Subscription to 
be admitted to trading on AIM and it is expected that admission will become 
effective and trading will commence on 25 November 2009. 
 
Enquiries: 
 
Conroy Diamonds and Gold Plc 
 
Professor Richard Conroy, Chairman                              +353 1 661 8958 
 
Merchant John East Securities Limited (Nominated Adviser) 
 
Simon Clements/Virginia Bull                                   +44 20 7628 2200 
 
City Capital Corporation Limited (Broker) 
 
Charles Dampney                                                +44 20 3178 3399 
 
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 
 
Conroy Share Price 
 
 
 
END 
 

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