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DGR GLOBAL LIMITED — Capital/Financing Update 2007
Nov 1, 2007
64771_rns_2007-11-01_cd077996-49b6-45bd-a2f8-25763f8fd723.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
2 November 2007
Share Purchase Plan
Clarification in relation to the Record Date
D’Aguilar Gold Ltd (“the Company”) announced earlier today its intention to invite shareholders to participate in a share purchase plan (“Plan”).
Shareholders registered on the Company’s share register at 7pm on the Record Date (9 November 2007) of the Plan will be entitled to take up, at their election, either:
-
$3,000; or
-
$5,000
of new shares at the issue price of 22.0 cents per share.
Please note that the last day of trading to be on the share register at the Record Date should be Monday 5 November 2007. This means that any shares purchased on or before Monday 5 November 2007 should be on the share register at the Record Date and therefore qualify for participation in the Plan.**
The key dates for the Plan are as follows:
| Last day of trading to be on the register at the Record Date* | Monday | 5 November 2007 |
|---|---|---|
| Record Date of the Plan | Friday | 9 November 2007 |
| Opening Date of the Plan | Friday | 16 November 2007 |
| Closing Date of the Plan | Friday | 7 December 2007 |
| Shortfall Applications and funds received from the Underwriters of the Plan | Thursday | 13 December 2007 |
| Issue and Allotment of new shares under the Plan | Friday | 21 December 2007 |
The Plan will involve the offer of a maximum of ten million (10,000,000) new shares at an issue price of $0.22 representing a discount of 11.6% to the average closing price over the last five days of trading of the shares of the Company and a 12.5% discount over the average closing price over the past month on the ASX prior to the date of this announcement. The issue has been underwritten to the extent of 6,363,636 shares at 22.0 cents each guaranteeing a minimum raising of $1,400,000.
The Plan documentation will be dispatched to shareholders on 14 November 2007.
- Settlement on shares is out of the control of the Company. Delays in settlement may result in missing the Record Date.
On behalf of the Board D P Cornish Company Secretary
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