Australia's DGR Global hits 1-month high on receiving proceeds from stake sale

DGR Global

26/03/2026 24:27

** Shares of Australia's DGR Global DGR.AX rise as much as 26.7% to A$0.038, their highest level since February 25

**  Stock hits biggest intraday pct gain since February 25

** Mineral explorer says it receives proceeds of first tranche of shares of SolGold, which it sold to Jiangxi Copper 600362.SS

** Says used funds to repay loan facility with Samuel, with net proceeds resulting in nearly A$45 million ($31.23 million)

** Co in December received offer from Jiangxi Copper to acquire 6.8% of SolGold

** Despite moves, stock down 12.8% YTD

($1 = 1.4411 Australian dollars)

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))