$6 million placement to accelerate exploration

DGO Gold Limited (ASX: DGO, “DGO”) subscribed for 8 million shares at $0.50 per share as part of the capital raising. The capital raising was also supported by one other institutional investor, Regal Funds Management Pty Ltd (RFM) taking the 4 million shares at $0.50 per share. The placement price of $0.50 per share represents a 7.1% premium to the 5 day VWAP of Yandal Resources’ shares and a 7.4%