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DGR Global Limited (ASX:DGR)

ALERT: Price-sensitive ASX Announcement for DGR
Current share price for DGR : $0.028 -0.002 (-6.67%)+
Announcement
Release
26 Mar 2026 10:03AM
Price at Release
$0.030
Full Release
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Summary
DGR Global Limited announced the receipt of the first tranche of proceeds from the settlement with Jiangxi Copper for the acquisition of their interest in Solgold shares. The first tranche yielded approximately $45 million in net proceeds after repaying an existing loan. The company anticipates receiving around $23 million more from a second tranche of shares in April, contingent on exchange rates. The board is currently evaluating the optimal allocation of the settlement funds and will update the market once the review is finalized.
Key Points
  • DGR Global Ltd received the first tranche of Solgold settlement proceeds from Jiangxi Copper.
  • The first tranche resulted in net proceeds of approximately $45 million after repaying a loan facility.
  • DGR expects to receive an additional $23 million from a second tranche in April, subject to exchange rates.
  • The board is assessing the best use of the settlement funds.
  • An update will be provided to the market once decisions on fund usage are finalized.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.