Offer

An accelerated non-renounceable rights issue to Eligible Shareholders of DGR Global Ltd of one (1) New Share for every four (4) Shares held at an Issue Price of $0.037 per New Share to raise approximately $5,671,932 before costs of the Entitlement Offer (subject to the Debt Conversion Facility), with one (1) attaching New Option for every four (4) New Shares allotted exercisable at $0.084 on or before 28 May 2022 (Entitlement Offer).

The Entitlement to attaching New Options will only apply to Eligible Shareholders who apply for, and are issued with, a minimum of $4,000 worth of New Shares under the Entitlement Offer.

Underwriting

The Company has entered into an Underwriting Agreement with Samuel Holdings Pty Ltd as trustee for the Samuel Discretionary Trust, Samuel Terry Asset Management Pty Ltd as trustee for Samuel Terry Absolute Return Fund, and Phoenix Portfolios Pty Ltd. Pursuant to the Underwriting Agreement, the Underwriters have agreed to underwrite the following portions of the Entitlement Offer:

  • Samuel Holdings Pty Ltd as trustee – 45.6%, representing $2,585,966 or 69,890,978 New Shares;

  • Samuel Terry Asset Management Pty Ltd as trustee – 45.6%, representing $2,585,966 or 69,890,978 New Shares; and

  • Phoenix Portfolios Pty Ltd – 8.8%, representing $500,000 or 13,513,513 New Shares.

Full details are as outlined in the Prospectus for the Entitlement Offer.

IMPORTANT NOTICE

This Prospectus is a transaction specific prospectus for an offer of continuously quoted securities (as defined in the Corporations Act) and has been prepared in accordance with section 713 of the Corporations Act. It does not contain the same level of disclosure as an initial public offering prospectus. In making representations in this Prospectus regard has been had to the fact that the Company is a disclosing entity for the purposes of the Corporations Act and certain matters may reasonably be expected to be known to investors and professional advisers whom potential investors may consult.

This is an important document that should be read in its entirety. Please read the instructions in this document and on the accompanying Entitlement and Acceptance Form regarding acceptance of the Entitlement Offer. If you do not understand this document you should consult your stockbroker, accountant or other professional adviser. The securities offered by this Prospectus should be considered as highly speculative.

By proceeding and downloading the Prospectus, you acknowledge and agree to the above statements.