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DGR GLOBAL LIMITED Capital/Financing Update 2020

Nov 2, 2020

64771_rns_2020-11-02_3e26eb26-9a39-4bbc-ae4d-97982359938a.pdf

Capital/Financing Update

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ASX Announcement

DGR Global Limited (ASX:DGR) 3 November 2020

Results of Capital Raising Program

Full Repayment of Tribeca Facility

The Board of DGR Global Limited (ASX: DGR or Company ) is pleased to announce the final results of its capital raising program, which was managed by Bizzell Capital Partners Pty Ltd, and originally announced on 12 October 2020.

The retail component of the Company’s entitlement offer was over-subscribed, resulting in the entitlement offer raising the full amount of $10,230,580 in total, inclusive of the institutional component announced on 14 October 2020. Retail and institutional entitlement acceptances totalled $8,293,679, with applications for additional shares being accepted for a further $1,936,901. Applications under the additional share offer were scaled back, with applications capped at a maximum of $50,000, and shareholders who applied for amounts in excess of this cap will be refunded accordingly.

The Company has also today successfully completed the private placement component of the overall capital raising program, raising an additional $6 million from sophisticated and professional investors.

Allotment and quotation of all of the relevant securities under the retail entitlement offer and the private placement is now in process with the Registry and the ASX.

The Board would like to sincerely thank all shareholders and new investors who contributed to the raising, and Bizzell Capital Partners for their efforts in managing this highly successful raising program.

The Board also wishes to advise of the full repayment today of the $10,000,000 Convertible Note facility with Tribeca Investment Partners, leaving DGR Global and its assets unencumbered. The Board would like to take this opportunity to thank Tribeca for their financial support over the past 3 years.

This Announcement has been authorised by the Company Secretary. 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:

Nick Mather

Karl Schlobohm

Managing Director Company Secretary Ph: 07 3303 0680 Ph: 07 3303 0680

Sarah Schuiringa Marketing / PR Ph: 07 3303 0680

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