Below is X a DEG announcement. I was a shareholder with DEG from...

Below is X a DEG announcement. I was a shareholder with DEG from well before their consolidation until they hit $1.39 seems like forever ago. The announcement dated April 2016. I'm all for the Top Drill involvement.

Drilling Equity The Company has also executed an agreement with drilling company, Top Drill Pty Ltd, for 20,000m of reverse circulation (RC) drilling. The agreement, which was based on a competitive quotation process, provides for the issue of ordinary shares in De Grey for 50% of the drilling costs up to a value of $1M. Any costs incurred over $1M will be subject to further agreement between the parties as to whether additional equity is issued. The issue of shares is subject to shareholder approval and the pricing will be determined as the 5 day VWAP immediately following the completion of the drilling program. Top Drill has also agreed to a voluntary escrow period of 6 months from the date of issue. The drilling program is planned to target increasing the defined resources at Mallina and along the Withnell Trend within the Indee Project. Further details on the Company’s drilling program will be provided closer to the commencement date, anticipated in early May 2017.