DGR Global Secures Funding for Debt Refinancing and Growth

DGR Global Limited (AU:DGR) has released an update.

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DGR Global Limited has entered into a funding agreement with Samuel Holdings to refinance existing debt and support its legal proceedings. This agreement, subject to shareholder approval, involves an initial funding tranche of up to $9 million, with a potential second tranche of $14.5 million. This strategic move is expected to provide DGR with the financial runway needed to advance its litigation and explore growth opportunities, particularly in the promising SolGold Cascabel project.

For further insights into AU:DGR stock, check out TipRanks’ Stock Analysis page.

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