The Irish gold explorer was pledged £250,000 though the placing but only received £50,000 at the time.
Subsequently, it received a further £50,000 from the placee and with this latest payment is now awaiting the final £100,000.
In a statement, Conroy said: “The board of the company is now increasingly confident that the full amount will be received, although the timing remains uncertain.”
Brandon Hill Capital arranged the pacing and subscription and remains in regular contact with the place added Conroy.
Published at Thu, 07 May 2020 13:55:00 +0000-Conroy Gold confident that placing proceeds will be received