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Global Iron Limited
AUSTRALIA GFE.AX 0,47 AU$ 123,81%
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DGR Global - Update on Investment in SolGold

Publié le 23 août 2013

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Update on Investment in SolGold
 23 August 2013  


The Directors of DGR Global Ltd (DGR, the Company) are pleased to advise that SolGold Plc (SolGold,LSE(AIM):SOLG), in which DGR holds 54m shares (or approximately 10%), was significantly re-rated overnight on the back of its announcement regarding the receipt of the Environmental Report Approval from the Ecuadorian Ministry of Environment for its highly prospective Cascabel copper-gold porphyry project in Ecuador. 


HIGHLIGHTS:
  • Written approval for the Cascabel Estudio de Impacto Ambiental (EIA) report was received on 21 August(Ecuador time) from the Ministry of Environment in Ecuador�s capital, Quito. 
  • The approval of the EIA report by the Ministry of Environment now facilitates the issue of the Environmental License that will enable the commencement of drilling on the Cascabel concession. 
  • Final stages of drill rig mobilisation to commence immediately upon signing of the Environmental License by the Minister. 
  • Overnight trading on the London Stock Exchange�s AIM Board provided SOLG with a 92% uplift in share price, moving from 4.1p to 8.22 during the evening, closing at 7.88p on a volume of approximately 60 million shares traded.



Yours, 
DGR Global Ltd


This email was sent by DGR Global, DGR Global Ltd, Level 27, 111 Eagle St, Brisbane, Australia, 4000
to newsrelease@24hgold.com


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