Update on Court Hearing

14 September 2017

Conroy Gold and Natural Resources plc
(“Conroy” or “the Company”)

Update on Court Hearing

Conroy Gold and Natural Resources plc (AIM: CGNR; ESM: CGNR.I), the gold exploration and development company focused on Ireland and Finland, notes that the High Court in Dublin has today commenced hearing the case brought by Mr O'Sullivan in which he claims that he and his nominees were appointed to the board of directors of the Company at the Company's EGM held on 4 August 2017, the hearing is to continue tomorrow.

A further announcement will be made in due course.

Contacts:

Conroy Gold and Natural Resources plc                  Tel: [phone]
Professor Richard Conroy, Chairman

Allenby Capital Limited (Nomad)              Tel: [phone]
Virginia Bull / James Thomas / Nick Harriss

Beaufort Securities (Broker)            Tel: [phone]
Jon Belliss / Elliot Hance

IBI Corporate Finance Limited (ESM Adviser)            Tel: [phone]
Ger Heffernan / Jan Fitzell

Lothbury Financial Services               Tel: [phone]
Michael Padley

Hall Communications             Tel: [phone]
Don Hall