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DGR GLOBAL LIMITED — Capital/Financing Update 2007
Nov 28, 2007
64771_rns_2007-11-28_be0baff2-f4f4-4623-9213-85d12a4a325d.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
29 November 2007
Share Purchase Plan closed early following a strong level of support
On 2 November 2007, the Directors of D’Aguilar Gold Ltd (“the Company”) announced that the Company was planning to undertake a share purchase plan (“Plan”).
The Plan opened on 16 November 2007 and involves the offer of a maximum of ten million (10,000,000) new shares at an issue price of $0.22 which would raise $2,200,000. Pursuant to the terms of the Plan, Applications were received on a “first come, first served basis”
The Company advises that as at Tuesday 27 November 2007, Applications have been received that exceed the maximum number of shares (10.0m) on offer under the Plan.
Accordingly the Board advises that it has closed the Plan, ahead of the scheduled closing date of 7 December 2007. No further Applications can be accepted.
Subject to the final clearance of funds, the Board reserves the right to allocate fewer, or no, Shares than an eligible shareholder applied for under the Plan, including, without limitation, in the event that the Plan is oversubscribed. The Board will advise shareholders of the final arrangements for this Plan.
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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