Impact: Mildly Positive
De Grey Mining announced that DGO Gold Ltd (ASX:DGO) is investing A$5M at A$0.20 per share (25M shares). With each two shares purchased DGO is also receiving an option at A$0.25/share expiring November 2019 (12.5M options) and an option at A$0.30 expiring May 2021(12.5M options). DGO’s shares are subject to a voluntary 12-month hold.