Conroy appoints two new board members

29th August 2017 By: Creamer Media Reporter

JOHANNESBURG (miningweekly.com) – Aim- and ESM-listed Conroy Gold and Natural Resources has appointed two new nonexecutive members to its board of directors.

The company, which is in a dispute with shareholder Patrick O’Sullivan, appointed Dr Karl Keegan and Brendan McMorrow to its board, after shareholders voted to remove six directors at an extraordinary general meeting (EGM) earlier this month.

Keegan has over 20 years’ experience in international finance and corporate management. He has worked for a number of major investment banks including Dresdner Kleinwort Benson, UBS and Bank of America. He was also on the global executive team and board director of Canaccord and CFO of Minster Pharmaceuticals.

McMorrow has over 25 years’ experience in a number of public companies in the oil and gas and base metals mining sectors listed in London, Toronto and Dublin, where he held senior executive finance roles. Most recently, he was CFO of Aim-listed Circle Oil from 2005 to 2015.

In a separate announcement, Conroy urged shareholders to vote against resolutions at the October 6 EGM to remove executive chairperson Professor Richard Conroy and MD Maureen Jones as directors of the company.

The resolutions seek to appoint O’Sullivan, Paul Johnson and Gervaise Heddle to the exploration and development firm’s board.