DGR GLOBAL LIMITED — AGM Information 2017

Nov 28, 2017

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2017 AGM Presentation

Cautionary Statement

This presentation has been prepared by DGR Global Limited (“DGR Global” or “The Company”). By accessing this presentation you acknowledge that you have read and understood the following statement.

Forward-looking Statements

This document, including but not limited to all forward looking figures, contain certain forward-looking statements with respect to the financial condition, results of operations and business of DGR Global. The words “intend”, “aim”, “project”, “anticipate”, “estimate”, “plan”, “believes”, “expects”, “may”, “should”, “will”, “target”, “set to” or similar expressions, commonly identify such forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors set forth in this presentation. In light of the risks, uncertainties and assumptions, actual results could be materially different from projected future results expressed or implied by these forward-looking statements which speak only as to the date of this presentation. Except as required by applicable regulations or by law, DGR Global does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information or future events. The Company cannot guarantee that its forward-looking statements will not differ materially from actual results. In this presentation, all figures are Australian Dollars unless stated otherwise.

Disclaimer

Neither this presentation, nor any part thereof, may be distributed, published or reproduced in any form, except as permitted by DGR Global. This presentation contains a number of non-IFRS financial measures. DGR Global management considers these to be key financial and / or commercial performance indicators of the business and they may not defined and/or reconciled in DGR Global’s audited financial statements or Annual Report. Reference to external figures or statistics or predictions of growth, commodity demand and pricing, etc are not based on DGR Global’s own opinions, estimates or forecasts, and are compiled and published without comment from, or endorsement or verification by, DGR Global. Third party information is referenced to its source. By referencing any third party information, DGR Global does not imply that it endorses, confirms or expresses a view on that information. Any such information is provided for informational purposes only and is not intended to, nor does it, constitute investment advice or any solicitation to buy, hold or sell securities or other financial instruments. No warranty or representation, either express or implied, is made by DGR Global or its affiliates, or their respective directors, officers and employees, in relation to the accuracy, completeness or achievability of the consensus figures and, to the fullest extent permitted by law, no responsibility or liability is accepted by any of those persons in respect of that information.

This presentation should read in conjunction with the audited financial statements of DGR Global, and where applicable, its other publicly available information such as market releases and presentations.

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Some Emerging World Trends

Everything points to energy. Energy comes in many – and new – forms.

2017 AGM Presentation

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Some Emerging Global Trends

The Electric Vehicle (EV) revolution is coming! Localised power generation and storage. Increasing global population. Increasing urbanisation. Increasing living standards in developing counties. Increasing life expectancies.

Rapid technology changes impacting all aspects of our lives.....yet many of the “building blocks” of these trends are ultimately dependent on resources.

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Resources Remain Relevant

Global urbanisation is increasing at an unprecedented rate which is creating an enormous demand for natural resources. As the World moves to urbanise and electrify, resource commodities will be a key focus for long term growth and sustaining growth and lifestyles.

2017 AGM Presentation

The Future Will Still Fuel Demand for Natural Resources

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Forecast EV Growth Will Underpin Lithium Demand

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Source: reneweconomy.com.au – July 2017

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Source: Visual Capitalist, February 2017

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Emerging Technologies Driving New Resource Demands

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Source: Visual Capitalist website

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The Emerging EV and Battery Revolution

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: Each Chevy Bolt EV contains[1]

• 91kg of Copper

• 24kg of Nickel

• 24kg of Cobalt

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By 2020, it is expected that 75% of batteries are expected to contain Cobalt in some capacity[2] .

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1. Source: UBS Evidence Lab Electric Car Teardown (May 2017) 2. Source: The Visual Capitalist Battery Series (Part 5, Feb 2017)

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Forecast Demand for Gas Remains Strong

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Source: BP Energy Outlook Report 2017

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Australian Gas Forecast to Play a Major Role in Supply

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Source: BP Energy Outlook Report 2017

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Urbanisation Driving Future Demand For Copper

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Source: LME Macquarie Research

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Why DGR Global?

Why DGR Global as a long-term investment makes sense against the background of trends and changes taking place in the World.

2017 AGM Presentation

DGR Global Offers One Entry Point For Exposure to...

A diverse range of commodities. A diverse range of operational jurisdictions. Multiple financial markets and international exchanges. Traditional resources (gold, copper, gas) and technology-driven resources (lithium, cobalt, tin). Long-term growth underpinned by forecast commodity demands. Underlying projects ranging from infancy to maturity. Emerging projects and yet-to-be-listed companies. Ongoing project and resource company generation. Market and financial due diligence of project selection and advancement. Track record (Nick Mather has had 9 companies taken-over and counting......). Co-investment with Tribeca Investment Partners.

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Commodity Diversity

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Lithium

Oil

Copper

Dark Horse, SolGold, Auburn Armour, DGR (Uganda) IronRidge, Aus Tin

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Gold

Iron Ore IronRidge

Gas

Armour SolGold, IronRidge & (Lakes) Dark Horse, Auburn, Coolgarra, Pinnacle (DGR)

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Bauxite

Zinc

Cobalt

IronRidge, Albatross (DGR)

Aus Tin, Auburn, Auburn, Ripple Coolgarra (DGR) (Armour)

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Tin Aus Tin

Nickel Molybdenum

Auburn, Aus Tin, Auburn Coolgarra (DGR)

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Market Diversity Ecuador Argentina

Solomon Islands Australia

Ghana Gabon Ivory Coast Chad Uganda

International Stock Exchanges (ASX, LSE, AIM, TSX)

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Pay
dividends
5. Development / Corporate takeover
Phase 5
4. Resource definition, secondary raisings
Phase 4
3. Exploration programs
Phase 3
Phase 2
2. Seed raising, proof of concept, IPO
Phase 1
1. Choose commodity, region and country
Re-invest in
new projects
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Diversity of Project Maturity

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1. Resource definition, secondary raisings

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1. Exploration programs

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Agreement with Tribeca Investment Partners

$8 million subscription of convertible notes maturing in 2 years. $2m optional funding tranche.

Convertible at $0.20 at Tribeca’s election.

12% interest rate, unsecured.

Ben Cleary has joined DGR Board.

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Tribeca was rated as the best performing hedge fund for 2016 with a Net Return of 148% in the 2017 Preqin Global Hedge Fund Report.

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Activity Summary

2017 AGM Presentation

Post Financial Year Events (Per Previous Presentation) DGR Global Progressing Tribeca investment deal.

DGR (Auburn) Substantial nickel-copper-cobalt anomaly identified. WIP (Corporate) DGR Global Interest in Ugandan oil project (with Armour). In progress Armour First gas sales from Kincora Project. Pending SolGold Moves from AIM to main board of the LSE.

Armour SolGold SolGold IronRidge IronRidge Aus Tin Mining Dark Horse Dark Horse

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Wins exploration and CEO awards at Mines and Money Americas. Raises USD10m in capital.

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Acquires 100% of Tekton (Chad gold projects) for scrip. First tin sales from Granville Project in Tasmania. Lithium projects – initial exploration.

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Suite of gold-prospective Argentinean projects acquired.

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Expected Events & Milestones From Here

DGR (Auburn) Progress corporate development to IPO (H1 2018).

DGR Global Progress Ugandan oil project with Armour (Ongoing 2018).

Armour Increase gas sales from Kincora Project. Drill new wells at Kincora (H1 2018) . SolGold Maiden Mineral Resource Estimate – Alpala, Cascabel (Q4 2017). SolGold Continue regional exploration & discoveries (Now 77 concessions). IronRidge Drilling Chad gold projects (Early 2018, subject to results of current work). IronRidge Lithium exploration – Ghana (Q1 2018). Aus Tin Mining Drilling at Mt Cobalt (now), Granville Stage 2 (Q1 2018). Dark Horse Drilling at Argentinean lithium projects (Q1 2018). Dark Horse Commence field programs on gold projects (H1 2018) .

Armour

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2017 Financial Result Summary

	2017 Highlights
Sponsored Companies	Financial Status	Short Term News Flow
Significant re-ratings – SOLG and IRR	Strong Balance Sheet growth	DGR - Oil project in Uganda
First gas sales from Kincora – AJQ	$9.8m investment in AJQ notes	SOLG – Maiden resource statement
Project acquisitions and West	$1.3 million cash balance	AJQ - Gas production & increasing sales
African dominance – IRR
	All external debt repaid	IRR – Gold exploration results from Chad
Tin production & imminent sales –
ANW		ANW – Tin production & sales
Gold & lithium acquisitions – DHR		DHR – Lithium project advancement

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DGR Global’s Reported Income – Past 5 Years

Financial Year Profit / Loss Total Comprehensive Income / Loss* 2013 ($4.3m) ($8.5m) 2014 ($7.2m) $0.6m 2015 $6.5m $1.3m 2016 $0.6m $1.9m 2017 $2.7m $88.9m

* Includes movements in marked to market financial assets (Refer Slide 8)

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DGR Global’s Balance Sheet Growth – Past 5 Years

Financial Year Total Assets Net Assets / Equity

2013 $33.3m $30.8m 2014 $40.6m $35.8m 2015 $41.2m $36.5m 2016 $47.4m $44.1m 2017 $176.5m $134.8m

* Following dividend payment

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Accounting Standards May Impact DGR Balance Sheet

IronRidge } Dark Horse Resources } Armour Energy }

Equity Accounted – AASB 128

Balance Sheet valuation is “capped” at the market value of the investment at the time of its deconsolidation (usually its IPO), less DGR’s share of its annual losses, plus the cost of any fresh investment. For 2017, this means that the “uplift” in the value of the investment in IronRidge is not fully reflected in the DGR Balance Sheet.

SolGold } Aus Tin Mining } Lakes Oil }

Financial Assets at Fair Value – AASB 9

Marked to market each financial year. In broad terms, DGR’s

investments are treated as “available for sale” where the level of the investment is less than 20% and is not intended to exceed 20% in the future.

2017 AGM Presentation

5 Year Reflection of DGR’s Investment in SolGold

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$160 m
Value
$140 m
$135,577,543
$120 m
$100 m
Value
$80 m $84,293,505
Cost
$60 m Value
$40 m
$20 m
Cost
$0 m $13,082,198
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2017 AGM Presentation
3 Year Reflection of DGR’s Investment in IronRidge
$40 m
$37,140,658
$36 m
$32 m
$28 m
Share Cost
$24 m
Market Value
$20 m Max Accounting Value
Value Per DGR Balance Sheet
$16 m
$11,865,150 $11,258,187
$12 m
$9,914,708
$8 m
$5,280,497
$4 m $4,645,062
$0 m $1,101,468
30/06/2015 31/12/2015 30/06/2016 31/12/2016 30/06/2017
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40.0 DGR Share Price versus Net Tangible Assets
-
Jul 2013 Jun 2017
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0
-5.0
Jul-13 Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17
CASH AND NET RECEIVABLES SOLG AJQ IRR ANW DHR OBS OTHER
Cents per Share
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2017 AGM Presentation

DGR’s G&A Costs Net of Cash Income Generated

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Net G&A
(Net Expense)
$(5,000,000)
$(4,000,000)
$(3,000,000)
$(2,000,000)
$(1,000,000)
$-
Net Contribution
$1,000,000
$2,000,000
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2017 AGM Presentation

DGR Global Contact Points

Nick Mather | CEO nmather@dgrglobal.com.au

Karl Schlobohm | Company Secretary kschlobohm@dgrglobal.com.au Priy Jayasuriya | Chief Financial Officer pjayasuriya@dgrglobal.com.au

Pru Maclean | Business Development / IR pmaclean@dgrglobal.com.au

Twitter: DGRGlobal LinkedIn: https://www.linkedin.com/company/dgr-global ASX:DGR | www.dgrglobal.com.au