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Update on Investment in SolGold
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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.
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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
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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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