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.
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