Latest DGR Global (ASX:DGR) News

Samuel Holdings has agreed not to trade its shares in DGR Global without Takeovers Panel approval, locking in its stake during ongoing proceedings sparked by Jeremy Raper's application.

The Takeovers Panel President has imposed interim orders preventing Tenstar Trading Limited from selling or otherwise dealing with its shares in DGR Global Limited, maintaining the status quo amid an ongoing dispute.

A tiny gold explorer, a battery materials stock and a biotech name led a week packed with dealmaking, drilling news and fresh funding. Resources did most of the heavy lifting, while several big gaps either held firm or gave back part of their early jump.

Speculation ran hottest in junior resources, where drilling hits, study results and funding deals drove some extreme weekly moves. Rare earths, gold and dealmaking set the pace, while several capital raisings and acquisitions produced mixed reactions.

Sunstone Metals secures $10 million in a discounted placement led by DGR Global, which gains a 10% shareholding and board representation to accelerate exploration at high-potential Ecuador projects.

DGR Global is sharpening its focus on copper and gold exploration in Queensland and Ecuador while pursuing a potentially lucrative damages case linked to Armour Energy's liquidation. The company also plans a share buy-back to unlock shareholder value.

DGR Global lodged a key director interest notice 14 days late due to an administrative slip, prompting an ASX compliance query. The company has outlined its existing governance measures and pledged refresher training to tighten disclosure controls.

DGR Global has invested $3 million in Savannah Goldfields through a $1.5 million gold production royalty and a $1.5 million share placement, securing a foothold in North Queensland’s gold sector with potential for significant cash flow and exploration upside.

DGR Global has secured a $3 million investment in Savannah Goldfields, combining a tiered gold royalty with a 4.5% equity stake. The deal aims to tap into Savannah’s North Queensland gold assets and fund exploration, following DGR’s recent SolGold exit.

DGR Global has received $45 million from the first tranche of its Solgold share sale settlement, with a second tranche expected soon. The company is now evaluating how best to deploy these significant funds.

SolGold shareholders have approved the recommended cash acquisition by Jiangxi Copper, a move that directly impacts DGR Global’s substantial investment in the company. Completion awaits court approval and further conditions.

DGR Global has confirmed its support for Jiangxi Copper’s acquisition offer for SolGold, endorsing the 28 pence per share bid ahead of the upcoming shareholder vote.