Envela Corp — Director's Dealing 2016

Dec 9, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DGSE COMPANIES INC (DGSE)
CIK: 0000701719
Period of Report: 2016-12-07

Reporting Person: Elemetal, LLC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-09	Common Stock	P	8536585	$0.41	Acquired	12814727	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-12-09	Warrants (right to buy)	$0.65	P	1000000	Acquired	2018-12-09	Common Stock (1000000)	Direct

Footnotes

F1: Stock issuance for debt forgiveness.

F2: The warrants were issued in connection with the stock issuance for no additional consideration.