Dragon Energy Limited (“Dragon”) was incorporated in June 2006 and admitted to the ASX in February 2009. Dragon’s listing on the ASX was facilitated by a cornerstone investor, the China-based Shandong Taishan Sunlight Group Company Limited (“Shandong Group”).
Dragon is an exploration company controlling a portfolio of tenements, comprising 6 mineral projects and 1 petroleum project located in the Pilbara and Midwest regions of Western Australia. The mineral projects comprise 13 tenements, totaling 1,086km2 in area, and have exploration targets encompassing iron ore, manganese, gold and base metals. The petroleum project comprises 1 exploration permit application of 1,277km2 in area which is prospective for oil and gas.