UNCONVENTIONAL

DGR to back hydrocarbon hunters

WITH a windfall profit from the sale of its shares into a takeover offer for West African mine developer Orbis Gold by Canadian gold miner SEMAFO, Nick Mather's DGR Global now has sufficient funds to clear its debts and continue backing its suite of investee companies.

DGR to back hydrocarbon hunters

DGR pocketed $26.02 million from the takeover, and after paying its bills it maintains some $19 million in cash. In addition it is tapping shareholders for a further $5.1 million via a rights issue to...

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