DGR GLOBAL LIMITED — Investor Presentation 2018

Apr 4, 2018

Not Another Resources Company MINES AND MONEY ASIA – APRIL 2018

Go further – climb the mountain

Cautionary Statement

This presentation has been prepared by DGR Global Limited (“DGR Global” or “The Company”). By accessing this presentation you acknowledge that you have read and understood the following statement.

Forward‐looking Statements

This document, including but not limited to all forward looking figures, contain certain forward‐looking statements with respect to the financial condition, results of operations and business of DGR Global. The words “intend”, “aim”, “project”, “anticipate”, “estimate”, “plan”, “believes”, “expects”, “may”, “should”, “will”, “target”, “set to” or similar expressions, commonly identify such forward‐looking statements. Forward‐looking statements involve known and unknown risks, uncertainties, assumptions and other factors set forth in this presentation. In light of the risks, uncertainties and assumptions, actual results could be materially different from projected future results expressed or implied by these forward‐looking statements which speak only as to the date of this presentation. Except as required by applicable regulations or by law, DGR Global does not undertake any obligation to publicly update or revise any forward‐looking statements, whether as a result of new information or future events. The Company cannot guarantee that its forward‐looking statements will not differ materially from actual results. In this presentation, all figures are Australian Dollars unless stated otherwise.

Disclaimer

Neither this presentation, nor any part thereof, may be distributed, published or reproduced in any form, except as permitted by DGR Global. This presentation contains a number of non‐IFRS financial measures. DGR Global management considers these to be key financial and / or commercial performance indicators of the business and they may not defined and/or reconciled in DGR Global’s audited financial statements or Annual Report. Reference to external figures or statistics or predictions of growth, commodity demand and pricing, etc are not based on DGR Global’s own opinions, estimates or forecasts, and are compiled and published without comment from, or endorsement or verification by, DGR Global. Third party information is referenced to its source. By referencing any third party information, DGR Global does not imply that it endorses, confirms or expresses a view on that information. Any such information is provided for informational purposes only and is not intended to, nor does it, constitute investment advice or any solicitation to buy, hold or sell securities or other financial instruments. No warranty or representation, either express or implied, is made by DGR Global or its affiliates, or their respective directors, officers and employees, in relation to the accuracy, completeness or achievability of the consensus figures and, to the fullest extent permitted by law, no responsibility or liability is accepted by any of those persons in respect of that information.

This presentation should read in conjunction with the audited financial statements of DGR Global, and where applicable, its other publicly available information such as market releases and presentations.

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Plenty Happening

Sponsored Companies

News Flow

Significant re‐ratings ANW, DHR, AJQ

ANW, DHR, AJQ DGR – Float Uganda Oil Project (DGR 83%) SOLG SOLG – Aguinaga drilling results, Resource Maiden Resource Statement Financial Status upgrades and regional discoveries First drill hole – Aguinaga Regional Cu Au porphyry discoveries AJQ – Rising Gas and Liquids production, Strong Balance Sheet

AJQ increasing sales and reliability First quarter of gas and liquids sales from Kincora, $6million gas acceleration program Tribeca Alliance IRR – Gold exploration results from Chad grant and lithium drilling in Ghana $4million cash balance IRR

Project acquisitions and West African Au & Li ANW – Tin production & sales, high grade $135m net assets marked to dominance, preparing to drill cobalt drilling market vs a $55m market cap –

ANW should be at least double Tin production & sales, Cobalt emergence in DHR – Strong Lithium project

Queensland advancement in Argentina DHR Unlisted – More zinc and copper spinouts Gold & lithium acquisitions, preparing to drill

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Worth more than the price
CASH AND NET RECEIVABLES SOLG AJQ IRR ANW DHR OTHER
40.0
35.0
DGR Share Price versus
30.0
Net Tangible Assets to 31 March 2018
25.0
20.0
15.0
10.0
5.0
0.0
Cents per Share
Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18
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	Rising profitability	Rising profitability
DGR	Global’s Reported	Income – Past 5 Years
Financial Year	Profit / Loss	Total Comprehensive Income / Loss*
2013	($4.3m)	($8.5m)
2014	($7.2m)	$0.6m
2015	$6.5m	$1.3m
2016	$0.6m	$1.9m
2017	$2.7m	$88.9m

* Includes movements in marked to market financial assets (Refer Slide 8)

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Growing Assets
DGR Global’s Balance Sheet Growth – Past 5 Years
Financial Year Total Assets Net Assets / Equity
2013 $33.3m $30.8m
2014 $40.6m $35.8m
2015 $41.2m $36.5m
2016 $47.4m $44.1m
2017 $176.5m $134.8m
Following dividend payment
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5 Year Reflection of DGR’s Investment in SolGold
Share Cost vs Share Value
30/06/15 - 28/2/18
$150 m
$135,577,543
$130 m
$110 m
Value,
$90 m
$84,293,505 $82,484,007
$70 m
Cost
$50 m Value
$30 m
$8,482,272
$10 m
Cost $13,082,198
-$10 m
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$40 m 3 Year Reflection of DGR’s Investment in IronRidge
$37,140,658
$36 m
$32,268,437
$32 m
$29,206,575
$28 m
$24 m
Share Cost
Share Value
$20 m
Max Accounting Value
$16 m
$11,865,150
$11,258,187 $12,548,044
$12 m
$9,914,708
$8 m
$5,280,497
$4 m $4,645,062 $4,713,173
$0 m
30/06/2015 31/12/2015 30/06/2016 31/12/2016 30/06/2017 31/12/2017 28/02/2018
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Why DGR Global?

Why DGR Global as a long‐term investment makes sense against the background of trends and changes taking place in the world.

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Why DGR Global ?

DGR Global Offers One Entry Point For Exposure to...

A diverse range of commodities. A diverse range of operational jurisdictions. Multiple financial markets and international exchanges. Traditional resources (gold, copper, gas) and technology‐driven resources (lithium, cobalt, tin). Long‐term growth underpinned by forecast commodity demands. Underlying projects ranging from infancy to maturity. Emerging projects and yet‐to‐be‐listed companies. Ongoing project and resource company generation. Market and financial due diligence of project selection and advancement. Co‐investment with Tribeca Investment Partners

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Why DGR Global ?

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Diverse Range of Commodities
Copper Lithium
SolGold, Auburn Dark Horse, IronRidge, Oil Cobalt Zinc
Aus Tin Armour, DGR (Uganda) Aus Tin, Auburn Auburn, Ripple
(Armour)
Gas Gold Iron Ore Tin Nickel
Armour SolGold, IronRidge & IronRidge Aus Tin Auburn, Aus Tin
Dark Horse, Auburn
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Why DGR Global ?
Multiple Jurisdictions
Ecuador
Argentina
Solomon Islands
Australia
Ghana
Gabon
Ivory Coast
Chad
Uganda
International Stock Exchanges (ASX, LSE, AIM, TSX)
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Why DGR Global ?
Diversity of Project Maturity Pay
dividends
5. Development / Corporate takeover
Phase 5
4. Resource definition, secondary raisings
Phase 4
3. Exploration programs
Phase 3
Phase 2
2. Seed raising, proof of concept, IPO
Phase 1
1. Choose commodity, region and country
Re‐invest in
new projects
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Agreement with Tribeca Investment Partners

$8 million subscription of convertible notes maturing in 2 years. $2m optional funding tranche.

Convertible at $0.20 at Tribeca’s election.

12% interest rate, unsecured.

Ben Cleary joined the DGR Board.

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Tribeca was rated as the best performing hedge fund for 2016 with a Net Return of 148% in the 2017 Preqin Global Hedge Fund Report.

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Which Resources?

Global urbanisation is increasing at an unprecedented rate which is creating an enormous demand for natural resources.

As the World moves to urbanise and electrify, resource commodities will be a key focus for long term growth and sustaining growth and lifestyles.

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Which Resources?

Factors Underpinning Future Demand for Resources

The United Nations has predicted that by 2030 the World’s population will be 8.6 billion, and by 2050 it will be 9.8 billion.

Globally, life expectancy continues to increase , and populations are generally ageing.

Globally, populations (existing and forecast growth) are driving urbanisation

Infrastructure requirements for urbanisation continue to underpin the growth of traditional resources (such as copper, gas, iron ore, bauxite, etc) and continuing technological innovations are creating demand for other resources such as lithium, cobalt, tin, etc (Refer Slides 19 & 20).

Global energy demand will continue to underpin demand for oil and gas and battery metals , notwithstanding the emergence and growth of renewables (Refer Slides 17 & 19).

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Which Resources? Forecast Demand for Gas Remains Strong – Armour Energy

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Source: BP Energy Outlook Report 2017

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Australian Gas Forecast to Play a Major Role in Supply – Armour Energy

Source: BP Energy Outlook Report 2017

Regulatory impost in Australia gives way to free US exploration and markets

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Which Resources?

Emerging Technologies and rising urbanisation Driving New Resource Demands

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IronRidge
Dark Horse
Aus Tin
Source: Visual Capitalist website
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DGR covers the 3 metals with the greatest upside plus copper
Aus Tin
IronRidge, Dark Horse
Aus Tin
Source: MIT
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Which Resources?
Urbanisation Driving Future Demand For Copper
Source: LME Macquarie Research
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SOLGOLD - Giant Copper-Gold Deposits - look where there’s lots of them

• Andean Copper Belt – production base of around half the world’s copper

• New Discoveries being made – under-explored northern portion of Andean Copper Belt

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Queensland
Well explored
Data derived from USGS Ecuador Solomon Islands
(Singer, Berger, & Moring,
2008) Classical porphyry geology, blossoming Well explored – excepting
mining industry. Gone from “Red light” to Kuma and Mbetilonga.
“Green light”.
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Relatively under-explored Eocene Porphyry Belt - Ecuador

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•
Late Eocene–Early Oligocene from 43 – 31 Ma Porphyry Deposits of Northern Chile
•  25% of global copper production
The most significant metallogenic epoch
• Giant porphyry Copper deposits formed in Chile
Northern
Ecuador
CASCABEL
Eocene Belt
Under-
explored 200Mt of
weakly copper
produced from
defined
these deposits
after Kuraminerals.com,
Kura Geoscience SpA, 2016
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Ecuador’s Porphyry Belts Being Revealed

Ecuadorian Porphyry Belts to yield more large porphyry copper and gold discoveries

Age Dated South American Porphyry Deposits (Age / Tonnage / Contained Cu / Cu Grade)

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Chile is arid & ore
bodies exposed ‐ Lots of
them
Cascabel is Eocene Ecuador is sub-tropical, ore bodies
38.6Ma are concealed - Yet to be discovered!
Cascabel Target
Million Years
Million Tonnes
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ECUADOR’S GIFT IS CASCABEL’S ADVANTAGE OIL REVENUES FUNDED OUTSTANDING INFRASTRUCTURE, HEALTHCARE AND EDUCATION

• 3 hour drive from Quito

• 180 km from a deep water ports at Esmeraldas, 100 km from San Lorenzo

• International Hydro Power network 30km – 5 per KWH

• Local workforce

• Excellent sealed, multi lane roads

• Fresh Water adjacent

• Elevation 600 – 1,800m

• Delivers significant CAPEX advantages for SolGold at Cascabel (compared to a virgin development in high Chilean Andes)

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Cascabel
has plenty
of water
Pacific port
at Esmeraldas ECUADOR
Existing hydro
power
at Carolinas
Enroute to
Cascabel
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BORNITE – 63% CU, CORE OF THE PORPHYRY SYSTEM HIGH GRADE CONCENTRATE

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• Hole 37 at Alpala Northwest

 Hole 24, 824m

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SolGold’s Cascabel Project

• Alpala continues to be drilled to grow the Maiden JORC Resource announced 3 January 2018

• Aguinaga currently being drilled – in mineralisation from 295m

• Trivinio and Moran prospects (yet to be drilled) could potentially double the Alpala resource

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SolGold’s Regional Program

• SolGold has extensive tenure in other regions of Ecuador – 100% owned

• New copper and gold discoveries from surface sampling of numerous project locations announced, with work continuing.

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DGR Global Limited
DGR Global Contact Points
Nick Mather | CEO
nmather@dgrglobal.com.au
Karl Schlobohm | Company Secretary
kschlobohm@dgrglobal.com.au
Priy Jayasuriya | Chief Financial Officer
pjayasuriya@dgrglobal.com.au
Twitter: @DGRGlobal
ASX:DGR | www.dgrglobal.com.au
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