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DGR GLOBAL LIMITED Capital/Financing Update 2006
64771_rns_2006-07-20_11433741-06d3-446a-bf8e-10448ef19cce.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
21 July 2006
Share Purchase Plan Closing Date Extended
On 30 June 2006 the Directors of D'Aquilar Gold Ltd ("the Company") announced that the Company proposes to raise up to a maximum of \$1.25 million (before issue costs) through a share purchase plan ("Plan").
The Directors have decided to extend the Closing Date of the Plan to 4 August 2006 to ensure that the Company's loyal, smaller shareholders are afforded the opportunity to apply for and increase their participation in D'Aquilar Gold Ltd.
The Plan involves the offer of a maximum of 25,000,000 new shares at an issue price of 5.0 cents. The issue has been underwritten to the extent of 16,000,000 shares at 5.0 cents each quaranteeing a minimum raising of \$800,000.
Shareholders registered on the Company's share register at 7pm on the Record Date (29 June 2006) of the Plan are entitled to take up, at their election, either:
- $$3,000$ : or
- \$5,000
of new shares at the issue price of 5.0 cents per share.
Proceeds of the Plan are planned to be expended on contributing to the Company's nickel. molybdenum and gold assets plus meeting the costs of the Plan and working capital.
The Plan documentation was dispatched to shareholders on 3 July 2006. The revised key dates for the Plan are as follows:
| Record Date of the Plan | Thursdav | 29 June 2006 |
|---|---|---|
| Opening Date of the Plan | Mondav | 3 July 2006 |
| (Revised) Closing Date of the Plan | Friday | 4 August 2006 |
| Shortfall Applications and funds received from the Underwriters of the Plan | Monday | 14 August 2006 |
| Issue and Allotment of new shares under the Plan | Friday | 18 August 2006 |
On behalf of the Board D P Cornish, Company Secretary
For further information, contact:
Mr Nicholas Mather, Managing Director or Mr Duncan Cornish, Company Secretary Telephone +61 7 3303 0680 or at [email protected]
Electronic copies and more information are available on the Company website: www.daguilar.com.au
ASX Code: DGR
| Phone | 461733030680 | í |
|---|---|---|
| Fax | +61739030681 | |
| [email protected] | ||
| Websile | www.daguilar.com.au |
Head Office Level S. annan ar
50 Edward Straut Brisbane QLD 4000
Postal Address GPD Box 6261. Brisbane QLD 4001
Shamrock Mine Site Stack Saake Road PO Box 72, Kilkivari QLD 4600
Phone - +61 7 5484 1366 +617 5484 1434