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DGR GLOBAL LIMITED Capital/Financing Update 2015

Sep 30, 2015

64771_rns_2015-09-30_f157eeec-0ef5-4db9-8f03-b584853117f0.pdf

Capital/Financing Update

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DGR Global Limited

30 September 2015

Armour Energy Finance Facility

Agreed Amendment to Binding Term Sheet

The Board of Directors of DGR Global Limited (DGR Global or the Company) advise of an agreed amendment to the binding Term Sheet for the provision of a $15 million short‐term, unsecured debt finance facility to Armour Energy Limited (Armour) as announced today.

The agreed amendment relates to the terms (timeframes) associated with the finance facility. All other commercial terms remain as previously agreed.

The facility is to be available to Armour on an unsecured basis to 31 March 2016 (the Maturity Date). Armour, at its election, can further extend the term of the facility for 12 months from the Maturity Date, only on the basis that it provides the following:

  • (a) a first ranking security and mortgage over unsecured Surat Basin Assets and a fixed and floating charge over the assets of Armour and subsidiaries and the assets of those subsidiaries;

  • (b) the grant of a 0.5 per cent gross sales royalty over production from the Surat Basin Assets;

  • (c) the grant of 50,000,000 options (which would be exercisable at 150% of Armour’s closing share price immediately prior to grant, for a period of 2 years from the Maturity Date); and

  • (d) a right to convert no more than 50% of any part of the drawn part of the facility to share equity in Armour at any time, at 90% of the preceding 10 day volume weighted average in accordance with the provisions of the Corporations Law and ASX Listing Rules but subject to Armour having a right if conversion is requested to repay the funding early.

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On behalf of the Board Karl Schlobohm Company Secretary

Electronic copies and more information are available on the Company website: www.dgrglobal.com.au

Email: [email protected]

For further information contact:

Mr Nicholas Mather Karl Schlobohm Pru Maclean Managing Director Company Secretary Investor Relations Ph: 07 3303 0680 Ph: 07 3303 0680 Ph: 07 – 3303 0635

DGR Global Limited ACN 052 354 837

street: Level 27, 111 Eagle Street post: GPO Box 5261 Brisbane QLD 4001 p +61 7 3303 0680 f +61 7 3303 0681 e [email protected] w www.dgrglobal.com.au

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About DGR Global Limited

DGR Global’s business is the creation of resource exploration development and mining companies.

The business uses the skills of a core team of talented geoscientists to identify resource projects capable of yielding world class discoveries of attractive commodities.

This is achieved through:

  • The identification of commodities with a favorable 20 year price outlook.

  • Geological terranes with:

    • A demonstrated strong endowment for that commodity;

    • An under‐explored history;

    • Opportunity for the application of recently developed exploration techniques;

    • Jurisdictions with improving socio‐economic and regulatory frameworks;

    • Extensive available tenures.

DGR provides initial seed funding and management support to secure these assets in subsidiaries and develop these assets to more advanced funding stages. The Company has a pipeline of projects in daughter companies at various stages of emergence, and has recently crystalised a significant return through the sale of its 15% holding in Orbis Gold for $26million. Further development of its holdings in AIM listed SolGold and IronRidge Resources and ASX Listed AusTin Mining, Navaho Gold and Armour Energy and unlisted Archer Resources, are expected over the coming years.

The Company is currently involved in the search for safe high grade, high‐yielding production operations in which to invest the bulk of its available cash resources.

DGR Global has commenced an intended program of judicious dividend payments to its shareholders. The future of the dividend program will depend on circumstances from time to time.

The previous resource exploration and funding activities of DGR’s key personnel underscore the opportunities provided by the DGR business model.

DGR Global Limited ACN 052 354 837

street: Level 27, 111 Eagle Street post: GPO Box 5261 Brisbane QLD 4001 p +61 7 3303 0680 f +61 7 3303 0681 e [email protected] w www.dgrglobal.com.au