Conroy Gold’s loss dips slightly

CONROY Diamonds & Gold, the Irish gold and mineral resources exploration company, has reported an annual pre-tax loss of €290,445 for the 12 months to end of May, marginally down on the €298,119 loss in the previous year.

The Dublin-based company — whose main interests are two gold projects along the border in Co Monaghan and Co Armagh — also saw its loss per share figure fall from 25c to 21c.

The London and Dublin-listed explorer also raised over €3 million in fresh funds during the financial year, and yesterday announced the raising of a further £1.8m (€2.06m), via the placing of a further 25.83m ordinary shares.