D'Aguilar Gold Limited (ASX:DGR) Announce Navaho Gold Official Listing On Australia Stock Exchange
The Directors would like to thank D'Aguilar shareholders for their loyalty and support for the Navaho Gold raising. Navaho Gold securities were allotted on Tuesday 5 April 2011, and all participating shareholders should have received their statements in the mail directly from the Registrar.
Securities in Navaho Gold are scheduled to begin trading on Monday 11 April 2011 at 10:30am.
D'Aguilar holds 27,052,267 shares in Navaho Gold, representing 29% of the issued capital. In addition, D'Aguilar holds 17,428,667 options to acquire further Navaho Gold shares at 20 cents through to 31 December 2013.
Further information regarding Navaho Gold, its projects, management team and a copy of its Prospectus are available on the Company's website at http://www.navahogold.com
About DGR Global Limited
DGR Global (formerly D’Aguilar Gold Limited) (ASX:DGR) is focused on generating exploration and development companies in a wide array of minerals.
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.
DGR Global Limited