Envela Corp — Director's Dealing 2011

Jun 16, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DGSE COMPANIES INC (DGSE)
CIK: 0000701719
Period of Report: 2011-06-14

Reporting Person: NTR METALS, LLC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-14	Common Stock	X	100000	$6.00	Acquired	6048938	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-14	Call Option (right to buy)	$6.00	X	1	Disposed	2014-05-25	Common Stock (100000)	Direct

Footnotes

F1: The Reporting Person exercise its option to buy 100,000 shares of common stock under its Option Contract with Dr. L.S. Smith. 900,000 shares of common stock remain subject to the Option Contract.