Oct 2 (Reuters) - De Grey Mining Ltd DEG.AX :
* Kirkland Lake Gold agreed to subscribe for up to 33.3 million shares in De Grey at a price of $0.15 per share to raise $5 million
* Funds will be used for ongoing exploration and development activities at Pilbara Gold Project
* Each share under subscription to have a free attaching option exercisable at $0.20 per share