DGR Global Limited
ASX:DGR ISIN:AU000000DGR8
Projects are conceived directly through the skills and experience of D’Aguilar’s accomplished team of exploration geoscientists (with an enviable track record), not by the costly purchase of properties. Each project or exploration strategy is held in a separate subsidiary.
Focused and specialist management is then engaged in the subsidiary, with project specific finance raised in the subsidiary – faster and less dilutive to D’Aguilar. As the subsidiary project develops and starts to derisk the subsidiary is separately capitalised (seed raisings followed by an IPO).
Investors can choose to invest specifically in a particular project/commodity, or by investing in D’Aguilar, invest in the resource company generating business which retains a significant carried interest in each project.
D’Aguilar projects tend to be very large, targeting new provinces with the potential to make world-class discoveries. The exploration concepts are often novel. While increased metal prices and advances in technology can turn former sub-economic deposits into viable projects, D’Aguilar subsidiary projects frequently emerge from detailed reassessment and reinterpretation of large databases – looking at things from a new angle and with a different focus using state of the art techniques. The D’Aguilar Directors and Managers have in the past applied new exploration models to extensive tenement areas which have led to identification of new mineral provinces and the discovery of nationally significant resources. Similar efforts are now being dedicated to D’Aguilar.
News
During the quarter D'Aguilar Gold Limited (ASX:DGR) strongly advanced its objectives to become a diversified resource project generator and investment company.
D'Aguilar Gold Limited (ASX:DGR) are pleased to provide the following update to the market regarding the Group's activities.
D'Aguilar Gold Limited (ASX:DGR) and its 86% owned iron and titanium focused subsidiary, Ridge Exploration Pty Ltd (Ridge) have today executed a Letter of Intent and agreed the principle terms of a Share Purchase Agreement for the scrip based take-over of Ridge Exploration by TSX.V-listed Canadian company Coltstar Ventures Inc (CVE:CTR). D'Aguilar and Coltstar have allowed one (1) month for execution of the Agreement by all relevant parties.
D'Aguilar Gold Limited (ASX:DGR) ("D'Aguilar" or "the Company") are pleased to confirm the completion of the Company's capital raising, including its Non-Renounceable Rights Issue and a Placement to sophisticated investors.
In addition to the announcements of 23 and 30 April 2010, D'Aguilar Gold Limited (ASX:DGR) are pleased to provide a further update regarding the upcoming IPO of its 80% subsidiary AusNiCo Limited.
Mr Bill Stubbs, Non-Executive Director of D'Aguilar Gold Limited (ASX:DGR) will be overseas on holidays from today through to 25 July 2010. Mr Karl Schlobohm has been appointed as alternate director during this period.
The Directors of D'Aguilar Gold Limited (ASX:DGR) are pleased to draw the attention of shareholders to last night's announcement by Solomon Gold Plc (LON:SOLG) regarding its maiden inferred resource estimate from the Rannes Prospect held by the Queensland-based Central Minerals Pty Ltd.
D'Aguilar Gold Limited (ASX:DGR) wish to advise that a new subsidiary has been incorporated within the group to focus on opportunities within the oil and gas sector in Australia.
D'Aguilar Gold Limited (ASX:DGR) is pleased to announce a new non-renounceable rights issue to eligible shareholders, on the basis of one (1) new fully paid ordinary share for every eight (8) shares held, at an issue price of A$0.035 per share (New Shares), to raise approximately A$1.225 million, based on D'Aguilar's undiluted share capital (Rights Issue). Assuming no existing options on issue in the Company are exercised, approximately 34,979,887 fully paid ordinary shares will be offered under the Rights Issue.
D'Aguilar Gold Limited (ASX:DGR) hereby notifies shareholders of the early termination of its current Non-Renounceable Rights Issue (Current Rights Issue). All shareholders who have participated in the Current Rights Issue to date will have their application monies refunded in full.
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