OTCQX® Best Market in the United States under the symbol DSVMF, effective today. Taj Singh, President and CEO of Discovery states: “We are pleased to join the OTCQX Market. Our current and future investors will benefit from a stronger and more efficient platform to trade within the U.S. that also provides us with significant additional [...]
Discovery Metals Corp. is pleased to announce that it has closed its non-brokered private placement of 38,911,108 common shares at a price of $0.45 per Common Share and 3,311,111 subscription receipts at a price of $0.45 per Subscription Receipt, for aggregate proceeds of $19,000,000. Announced on October 10, 2019, the Private Placement was [...]
Discovery Metals Corp. is pleased to announce that it intends to complete a non-brokered private placement to raise up to $17 million through the issuance of common shares and subscription receipts at a price of $0.45 per security. Arlington Group Asset Mangement Limited has been engaged to provide advice on the Private Placement with select [...]
Discovery Metals Corp. wishes to clarify information regarding its earlier news release issued today: Discovery acquired the Cordero project through its acquisition of all of the issued and outstanding shares of Levon Resources Ltd. . The mineral resource estimate and Preliminary Economic Analysis supporting the disclosure in the news release were [...]
Discovery Metals Corp. is pleased to announce mobilization for a Phase 1 diamond drilling program on its newly acquired and 100%-owned Cordero project located in Chihuahua State, Mexico. Drill permits are in place and Discovery will begin its drill program in the coming days, approximately five weeks ahead of the anticipated commencement date [...]
Discovery Metals Corp. announces that it has granted to certain officers, directors, employees and/or consultants of the Company an aggregate of 5,300,000 options to acquire common shares of the Company . The Options have an exercise price of $0.48 per share, have a five-year term from the date of grant, and vest according to the following [...]
Discovery Metals Corp. is pleased to announce assay results of 112 underground samples from its drill-permitted Minerva Ag-Zn-Pb project (“Minerva” or “the Project”) in Coahuila State, Mexico. Three key underground areas were sampled: Mina Minerva, Concordia and Tercia.
Discovery Metals Corp. announces that it has filed an early warning report in respect of its holdings in Levon Resources Ltd. . Earlier today, pursuant to a statutory plan of arrangement pursuant to Section 288 of the British Columbia Business Corporations Act , Discovery acquired all of the outstanding shares of Levon in exchange for 64,412,929 [...]
Discovery Metals Corp. and Levon Resources Ltd. are pleased to announce the successful completion of Discovery’s acquisition of Levon, previously announced on May 30, 2019, pursuant to which Discovery has acquired all of the issued and outstanding shares of Levon. With the completion of the Transaction, Discovery is now a leading [...]
Discovery Metals Corp. is pleased to announce the voting results from the special meeting of the securityholders of Levon Resources Ltd. held earlier today. The Plan of Arrangement previously announced on May 30, 2019, was approved by an overwhelming majority, approximately 81.15% of the total votes cast by Levon securityholders. The arrangement is [...]
Discovery Metals Corp. is pleased to announce that it has closed its non-brokered private placement previously announced on July 18, 2019, raising $9,004,770 through the issuance of 23,216,174 common shares at a price of $0.23 per Common Share and 15,935,000 subscription receipts at a price of $0.23 per Subscription Receipt. Mr. Eric Sprott [...]
Discovery Metals Corp. announces it has received conditional approval from the TSX Venture Exchange to complete the proposed plan of arrangement transaction with Levon Resources Ltd., as described in Discovery’s news release dated May 30, 2019, subject to standard closing conditions. Levon has also received conditional approval of the Toronto [...]