Some interesting reading there. They have the option of buying 1/2 of the 1.5% NSR for 1.5 million. Leaving SLI with .75%. But I didn't see that part in the news release so maybe it is not the case. They spent $5000.00 on exploration in the last 9 months. I didn't screw up on the decimal place there. Also look at the options granted. Nice deal. Sorry I can't paste it but if you research it you can probably find it through your trading house. Looks like the SLI deal had a letter of intent on May 9. Interesting read...