Arcon updates shareholders at AGM

Arcon updated shareholders on current developments at the Company's annual general meeting in Dublin today.

The company outlined the year's highlights including the successful placing of 10% of issued shares with UK institutional shareholders, raising €5.7m for capital expenditure and exploration, while year end losses fell 34% to €9.7m.

The Company was announced that all of the resolutions proposed at the Annual General Meeting and the Extraordinary General Meeting held today have been approved.