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DGR GLOBAL LIMITED — Capital/Financing Update 2011
Apr 7, 2011
64771_rns_2011-04-07_eb31d516-8796-4aaf-99bf-12f7cda6f870.pdf
Capital/Financing Update
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ASX Announcement
8 April 2011
Navaho Gold Admitted to Official List
The Directors of D’Aguilar Gold Limited (D’Aguilar) are pleased to advise that, following its successful $9 million IPO raising, Navaho Gold Limited (“Navaho Gold”) has been granted admission to the Official List of the ASX with quotation code of NVG .
The Directors would like to thank D’Aguilar shareholders for their loyalty and support for the Navaho Gold raising. Navaho Gold securities were allotted on Tuesday 5 April 2011, and all participating shareholders should have received their statements in the mail directly from the Registrar.
Securities in Navaho Gold are scheduled to begin trading on Monday 11 April 2011 at 10:30am.
D’Aguilar holds 27,052,267 shares in Navaho Gold, representing 29% of the issued capital. In addition, D’Aguilar holds 17,428,667 options to acquire further Navaho Gold shares at 20 cents through to 31 December 2013.
Further information regarding Navaho Gold, its projects, management team and a copy of its Prospectus are available on the Company’s website at www.navahogold.com
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On behalf of the Board KM Schlobohm Company Secretary
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About D’Aguilar Gold
D’Aguilar Gold Limited is focused on generating exploration and development companies in a wide array of minerals.
Projects are conceived directly through the skills and experience of D’Aguilar’s accomplished team of exploration geoscientists (with an enviable track record), not by the costly purchase of properties. Each project or exploration strategy is held in a separate subsidiary.
Focused and specialist management is then engaged in the subsidiary, with project specific finance raised in the subsidiary – faster and less dilutive to D’Aguilar. As the subsidiary project develops and starts to derisk the subsidiary is separately capitalised (seed raisings followed by an IPO).
Investors can choose to invest specifically in a particular project/commodity, or by investing in D’Aguilar, invest in the resource company generating business which retains a significant carried interest in each project.
D’Aguilar projects tend to be very large, targeting new provinces with the potential to make world‐class discoveries. The exploration concepts are often novel. While increased metal prices and advances in technology can turn former sub‐economic deposits into viable projects, D’Aguilar subsidiary projects frequently emerge from detailed reassessment and reinterpretation of large databases – looking at things from a new angle and with a different focus using state of the art techniques. The D’Aguilar Directors and Managers have in the past applied new exploration models to extensive tenement areas which have led to identification of new mineral provinces and the discovery of nationally significant resources. Similar efforts are now being dedicated to D’Aguilar.
D’Aguilar currently holds 52 million shares (33%) in Mt Isa Metals Limited (ASX: MET) currently exploring for gold in Burkina Faso, 35.2 million shares (12.5%) in Solomon Gold plc (LSE: SOLG) and 58.85 million shares (53%) in AusNiCo Limited .
D’Aguilar is also finalising the $9 million fully underwritten IPO and ASX listing of Navaho Gold Limited (gold and silver) which is due to debut onto the ASX on 11 April 2011 under the code NVG.
D’Aguilar is also progressing the corporate development of Archer Resources Limited which is focussing on the discovery and development of previously overlooked copper‐molybdenum‐gold porphyry systems in Queensland. Having recently appointed Dr Matt White as CEO, and finalising its $2 million seed raising, Archer Resources is also preparing for an IPO and ASX listing later in 2011.
D’Aguilar is also progressing the corporate and project development of Armour Energy Limited which has just completed a $10 million seed raising. Armour Energy is dedicated to the discovery and development of world class gas resources in an extensive new province in Northern Australia. The area currently under application covers 118,814km[2] of the McArthur, South Nicholson and Georgina Basins. An IPO is planned for 2011.
D’Aguilar Gold currently has 322,202,760 shares on issue.
Email: [email protected]
Electronic copies and more information are available on the Company website: www.daguilar.com.au
For further information contact:
Mr Nicholas Mather Managing Director D’Aguilar Gold Ltd Ph: 07 3303 0680
Karl Schlobohm
Company Secretary, D’Aguilar Gold Ltd Ph: 07 3303 0680
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