DGO Gold Limited subscribes to 25M shares in De Grey at a price...

DGO Gold Limited subscribes to 25M shares in De Grey at a price of $0.20 per share to raise $5.0M.  DGO share issue will include the issue of options for every two shares subscribed as below:  12,500,000 options exercisable at $0.25 by 30 November 2019; and  12,500,000 options exercisable at $0.30 by 30 May 2021.  Share issue to be settled by 13 July 2018 and includes a nonrefundable deposit of $250,000.  Capital raising further supported by up to $1M in drilling equity with drilling partner, Top Drill Pty Ltd  Funds to be used to expand the current drilling program across the over 200 km of mineralised shear zones, and for ongoing prefeasibility studies at the Pilbara Gold Project.

If the driller is putting a million dollars in he must like what he is seeing