Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

ROCKETDNA LTD. Capital/Financing Update 2023

Feb 26, 2023

65709_rns_2023-02-26_bdd33bfd-6edc-4b5e-b8a0-af57731b0575.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

==> picture [98 x 74] intentionally omitted <==

ASX Announcement

Delta Drone International Signs Contract with AngloGold Ashanti – Sunrise Dam Gold Mine in Australia for Drone Surveying Services

HIGHLIGHTS

  • Delta Drone International (via its subsidiary Rocketmine WA Pty Ltd) signs contract to formalise its continued delivery of drone surveying services to AngloGold Ashanti Australia Limited - ‘Sunrise Dam’ gold mining operation in Western Australia

  • 2-Year Contract executed with a Total Contract Value ( TCV ) of AU$307k and Annual Recurring Revenue ( ARR ) of AU$154k

  • AngloGold Ashanti ( ASX: AGG ) is an international gold mining company also listed on the JSE and NYSE exchanges

  • Drone surveying services to include monthly aerial surveying of ore stocks, tailings storage facility, and other infrastructure on an as-needed basis

27 February 2023 – Delta Drone International Limited (ASX: DLT), a Global drones-as-a-service provider, is pleased to announce its operating division, Rocketmine WA Pty Ltd ( Rocketmine ), has formalised a two-year contract with AngloGold Ashanti Australia Limited ( AngloGold ) – Sunrise Dam gold mining operation in Western Australia.

Rocketmine has been providing services to AngloGold Ashanti on an ad-hoc project basis and has now formalised this arrangement into a long-term contract. The agreement has a Total Contract Value ( TCV ) of AU$307k and Annual Recurring Revenue ( ARR ) of AU$154k.

The contract is subject to termination with 90-days’ notice and contains various other terms considered standard for agreements of this nature.

Drone surveying services are for the Sunrise Dam Gold Mine. Services will include monthly aerial surveying of ore stocks, tailings storage facility, and other infrastructure as required, provided by a dedicated on-site drone specialist.

DLT CEO Christopher Clark said: “We are very pleased to have converted AngloGold Ashanti from being a regular project-based customer to a multi-year term partnership.

AngloGold Ashanti will immediately benefit from our long-range BVLOS & above 400ft approvals, allowing us to capture and processes all their geospatial requirements more quickly and efficiently.

This contract also contributes to the growth of DLT’s Annual Recurring Revenue, which is key metric investors use to value our company and its future revenue potential .”

About AngloGold Ashanti Australia Limited

Anglo Gold Ashanti Australia Limited is a wholly owned subsidiary of AngloGold Ashanti Limited, an independent, global gold mining company with a diverse, high-quality portfolio of operations, projects and exploration activities across nine countries on four continents.

Delta Drone International Limited | ABN 17 618 678 701 T +61 8 6189 1155 | A: 75 Thomas Street, Subiaco WA 6008

AngloGold Limited was founded in June 1998 with the consolidation of the gold mining interests of Anglo American. In August 1998, AngloGold became the first South African company to list on the NYSE.

Today, AngloGold Ashanti is one of the largest gold mining companies in the world. It remains an independent gold producer, with no dominant investor and a diverse spread of shareholders that includes the world’s largest financial institutions.

Sunrise Dam is an underground and open pit operation located 220km northeast of Kalgoorlie and 55km south of Laverton in Western Australia.

This announcement has been authorised for release by Chris Clark, Executive Chairman and the CEO of Delta Drone International Limited.

-ENDS-

For more information, please contact:

Corporate Investors and Media Chris Clark, Executive Chairman & Chief Glen Zurcher Executive Officer P: +61 (0)420 249 299 E: [email protected] E: [email protected]

Stephen Buckley, Company Secretary P: +61 (0)8 6189 1155

About Delta Drone International www.dlti.com.au

Delta Drone International is a ASX listed (ASX: DLT) multi-national drone-based data service and technology solutions provider for the mining, agricultural and engineering industries.

Services are aerial surveying and mapping, security and surveillance, and blast monitoring and fragment analysis through a fully-outsourced service with AI and fast data turnaround that allows enterprise customers to focus on operations on the ground while Delta Drone International takes care of everything in the air.

Revenues are generated through multi-year recurring revenue contracts and short projects which also have the potential to be recurring. Key customer contracts include with tier 1 and tier 2 miners, South32, Newmont Mining, Red 5 and Seriti Coal.

DLT’s operations are focused on Australia and Africa with regional offices in Perth, Johannesburg & Accra.

Scan this QR code to subscribe to DLT’s latest company News & Announcements, else click here

==> picture [45 x 45] intentionally omitted <==

P a g e 2 | 2