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DGR GLOBAL LIMITED — Capital/Financing Update 2007
Dec 4, 2007
64771_rns_2007-12-04_6e82f3bd-ed3a-4e26-a7a9-49efcc45b2e9.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
5 December 2007
Share Purchase Plan – final arrangements
As previously announced, following strong demand, the Directors of D’Aguilar Gold Ltd (“the Company”) had closed the share purchase plan (“Plan”) ahead of the scheduled closing date of 7 December 2007 and that no further Applications would be accepted.
The terms of the Plan include receiving Applications on a “first come, first served basis” and the directors having the discretion to issue fewer or more than the maximum number of shares set for the Plan, being 10.0 million shares.
The Board now advises that, in accordance with the terms of the Plan, all Applications received on the day (27 November) that the Plan exceeded the maximum number of shares set for the Plan will be processed for the full number of shares applied for. This means that 11,240,765 shares will be issued, raising a total of $2,473,000.
All other applications have not been accepted and funds received will be returned to shareholders as a quickly as possible.
The Board would like to thank shareholders for their strong support of the Share Purchase Plan. The strong and rapid take up of the Plan indicates an increasing awareness amongst D’Aguilar shareholders of the Company’s future prospects as it prepares to list three of its subsidiary companies in the new year. The funds raised will accelerate the process of seeking further opportunities to enhance shareholder value.
On behalf of the Board D P Cornish Company Secretary
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