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DGR GLOBAL LIMITED — Capital/Financing Update 2015
Jul 13, 2015
64771_rns_2015-07-13_538b35c6-76c4-4101-8995-beceadda19da.pdf
Capital/Financing Update
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DGR Global Limited
14 July 2015
Expiry of Options
DGR Global advises of the expiry of 3,000,000 unlisted employment options at 12 cents each today due to the cessation of employment of two of the Company’s geologists.
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On behalf of the Board Karl Schlobohm Company Secretary
Email: [email protected]
Electronic copies and more information are available on the Company website: www.dgrglobal.com.au
For further information contact:
Mr Nicholas Mather Managing Director DGR Global Ltd Ph: 07 3303 0680
Karl Schlobohm
Company Secretary, DGR Global Ltd Ph: 07 3303 0680
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:
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The identification of commodities with a favorable 20 year price outlook.
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Geological terranes with:
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A demonstrated strong endowment for that commodity;
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An under-explored history;
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Opportunity for the application of recently developed exploration techniques;
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Jurisdictions with improving socio-economic and regulatory frameworks;
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Extensive available tenures.
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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.
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