DGR GLOBAL LIMITED — Interim / Quarterly Report 2014

Jan 29, 2015

Appendix 5B Mining exploration entity quarterly report

Rule 5.3

Appendix 5B

Mining exploration entity quarterly report

Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001, 01/06/10.

Name of entity

DGR Global Limited

	ABN 67 052 354 837 Consolidated statement of cash flows	ABN 67 052 354 837 Consolidated statement of cash flows	Quarter ended (“current quarter”) 31 December 2014	Quarter ended (“current quarter”) 31 December 2014
			31 December 2014
Cash flows related to operating activities1 1.1 Receipts from product sales and related debtors including Goods & Services Tax 1.2 Payments for (a) exploration & evaluation (b) development (c) production (d) administration 1.3 Dividends received 1.4 Interest and other items of a similar nature received 1.5 Interest and other costs of finance paid 1.6 Income taxes paid 1.7 Other (provide details if material) Net Operating Cash Flows		Current quarter $A’000		Year to date (6 months) $A’000
		177 (316) - - (903) - 5 (28) - -		431 (566) - - (1,560) - 7 (45) - -
		(1,065)		(1,733)
Cash flows related to investing activities 1.8 Payment for purchases of: (a) prospects (b) equity investments (c) other fixed assets 1.9 Proceeds from sale of: (a) prospects (b) equity investments (c) other fixed assets 1.10 Loans to other entities 1.11 Loans repaid by other entities 1.12 Other (Security Deposits, net) Net investing cash flows 1.13 Total operating and investing cash flows (carried forward)		- - - - - - - - -		- - - - 937 - - - -
		-		937
		(1,065)		(796)

• See chapter 19 for defined terms.

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1.13 Total operating and investing cash flows (brought forward)	(1,065)	(796)
Cash flows related to financing activities 1.14 1.15 Proceeds from issues of shares, options, etc. Proceeds from issue of shares in subsidiaries to outside equity interests 1.16 Proceeds from sale of forfeited shares 1.17 Proceeds from borrowings 1.18 Repayment of borrowings (leases and other) 1.19 Dividends paid 1.20 Other (Capital Raising Costs and Seed Capital not yet allocated) Net financing cash flows	- 575 - 2,072 (702) - (259)	- 575 - 2,072 (704) - (259)
	1,686	1,684
Net increase (decrease) in cash held 1.21 Cash at beginning of quarter/year to date 1.22 Exchange rate adjustments to item 1.20 1.23 Cash at end ofquarter	621 62 -	888 (205)
	683	683

Notes:

1. Due to an accounting classification correction, the allocation of the year to date figures in the “Cash Flows Related to Operating Activities” has been adjusted but the overall amount of cash expended remains the same.

Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities

1.24 Aggregate amount of payments to the parties included in item 1.2 1.25 Aggregate amount of loans to the parties included in item 1.10	Current quarter $A'000 192 -

• 1.26 Explanation necessary for an understanding of the transactions Nil

Non-cash financing and investing activities

• 2.1 Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows Nil

• 2.2 Details of outlays made by other entities to establish or increase their share in projects in which the reporting entity has an interest

Nil

• See chapter 19 for defined terms.

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Financing facilities available

Add notes as necessary for an understanding of the position.

3.1 Loan facilities 3.2 Credit standby arrangements	Amount available $A’000	Amount used $A’000
	2,072	2,072
	-	-

Estimated cash outflows for next quarter

Estimated cash outflows for next quarter
4.1 Exploration and evaluation 4.2 Development 4.3 Production 4.4 Administration (net of management fees)	$A’000
	100
	-
	-
	480
Total	580

As previously announced to the market, DGR Global has a number of potential funding sources available to it, including its ownership of listed securities. The current take-over offer for Orbis Gold (in wich DGR owns 36.5m shares) is expected to be closed in Q1, 2015.

Reconciliation of cash

Reconciliation of cash
Reconciliation of cash at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts is as follows.	Current quarter $A’000	Previous quarter $A’000
5.1 Cash on hand and at bank 5.2 Deposits at call 5.3 Bank overdraft 5.4 Other (provide details)	683	62
	-	-
	-	-
	-	-
Total: cash at end of quarter(item 1.22)	683	62

Changes in interests in mining tenements

6.1 Interests in mining tenements relinquished, reduced or lapsed 6.2 Interests in mining tenements acquired or increased	Tenement reference	Nature of interest (note (2))	Interest at beginning ofquarter	Interest at end of quarter
	EL 6652 EPM 18586 EPM 251591– Hartz Rare Earths Pty Ltd	Exploration Licence Exploration Permit for Minerals Exploration Permit for Minerals	100% 100% 100%	Nil Nil Nil

Notes:

• 1 DGR Global Ltd holds a 100% interest in Hartz Rare Earths Ltd.

• See chapter 19 for defined terms.

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Issued and quoted securities at end of current quarter

Description includes rate of interest and any redemption or conversion rights together with prices and dates.

		Total number	Number quoted	Number quoted	Number quoted	Issue price per security (see note 3) (cents)	Issue price per security (see note 3) (cents)	Amount paid up per security (see note 3) (cents)	Amount paid up per security (see note 3) (cents)
7.1 Preference +securities (description) 7.2 Changes during quarter (a) Increases through issues (b) Decreases through returns of capital, buy-backs, redemptions		Nil		Nil
7.3 +Ordinary securities 7.4 Changes during quarter (a) Increases through issues (b) Decreases through returns of capital,buy-backs		412,162,185		412,162,185
7.5 +Convertible debt securities (description) 7.6 Changes during quarter (a) Increases through issues (b) Decreases through securities matured,converted		Convertible Notes		Convertible Notes Nil		Convertible Notes $1.00 per Note		Convertible Notes Refer “Appendix A” to Appendix 3B lodged 11 November 2012 for terms and conditions.
		500,000
		Nil			Nil
7.7 Options (description and conversion factor) 7.8 Issued during quarter 7.9 Exercised during quarter 7.10 Expired during quarter		12,000,000 300,000 5,000,000 11,000,000				Exercise price 12 cents 28 cents 28 cents 12 cents		Expiry date 30/11/16 28/02/15 24/04/15 29/05/17
7.11 Debentures (totals only)		Nil
7.12 Unsecured notes(totals only)		Nil			Nil

• See chapter 19 for defined terms.

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Compliance statement

• 1 This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act or other standards acceptable to ASX (see note 4).

• 2 This statement does / ~~does not*~~ (delete one) give a true and fair view of the matters disclosed.

Sign here:

==> picture [143 x 27] intentionally omitted <==

Date: 30 January 2015

(Company Secretary)

Print name: Karl Schlobohm

Notes

• 1 The quarterly report provides a basis for informing the market how the entity’s activities have been financed for the past quarter and the effect on its cash position. An entity wanting to disclose additional information is encouraged to do so, in a note or notes attached to this report.

• 2 The “nature of interest” (items 6.1 and 6.2) includes options in respect of interests in mining tenements acquired, exercised or lapsed during the reporting period. If the entity is involved in a joint venture agreement and there are conditions precedent which will change its percentage interest in a mining tenement, it should disclose the change of percentage interest and conditions precedent in the list required for items 6.1 and 6.2.

• 3 Issued and quoted securities. The issue price and amount paid up is not required in items 7.1 and 7.3 for fully paid securities .

• 4 The definitions in, and provisions of, AASB 1022: Accounting for Extractive Industries and AASB 1026: Statement of Cash Flows apply to this report.

• 5 Accounting Standards ASX will accept, for example, the use of International Accounting Standards for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.

== == == == ==

• See chapter 19 for defined terms.

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