VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 27, 2014) - Discovery Ventures Inc. ("Discovery" or the "Company") (TSX VENTURE:DVN) is pleased to announce that, further to its news releases dated November 19, 2012 and January 17, 2014, it has entered into an amended option agreement (the "Amended Option Agreement") with 0951719 B.C. Ltd. (the [...]
Discovery Ventures Inc. is pleased to announce that it has entered into a non-binding term sheet with a third party whereby, subject to the entry into a definitive binding agreement, the Lender has agreed to provide a $12,000,000 senior secured term debt facility to Discovery. The Facility will be provided in two tranches with $5,000,000 available [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 8, 2014) - Discovery Ventures Inc. (TSX VENTURE:DVN) ("Discovery") and Roca Mines Inc. ("Roca") are pleased to announce they have amended the letter agreement dated November 4, 2013 (the "Agreement") with Roca and FortyTwo Metals Inc., a wholly-owned subsidiary of Roca ("FortyTwo"). Pursuant to the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 3, 2013) - Discovery Ventures Inc. ("Discovery") (TSXV: DVN) is pleased to announce it has received final approval from the TSX Venture Exchange with respect to the binding letter agreement dated November 4, 2013 (the "Agreement"). Pursuant to the terms of the Agreement, Roca Mines Inc. ("Roca") has [...]
Discovery is pleased to announce it has received final approval from the TSX Venture Exchange with respect to the binding letter agreement dated November 4, 2013. Pursuant to the terms of the Agreement, Roca Mines Inc. has granted an exclusive option to Discovery to acquire all of the issued and outstanding common shares of FortyTwo Metals Inc., a [...]
Discovery Ventures announces that it has completed the first tranche of its previously announced private placement financing, as described in its news release of November 8, 2013, pursuant to which it has issued an aggregate of 4,779,000 units at a price of $0.21 per Unit for aggregate gross proceeds of $1,003,590. Each Unit consists of one common [...]
Discovery Ventures is pleased to announce that it has arranged a non-brokered private placement financing of up to 9,523,809 units at a price of $0.21 per Unit for gross proceeds of up to $2,000,000. Each Unit consists of one common share of the Company and one share purchase warrant. One Warrant entitles the holder thereof to purchase one [...]
Discovery Ventures is pleased to announce it has received conditional approval from the TSX Venture Exchange with respect to the binding letter agreement dated November 4, 2013. Pursuant to the terms of the Agreement, Roca Mines has granted an exclusive option to Discovery to acquire all of the issued and outstanding common shares of FortyTwo [...]
Discovery Ventures and Roca Mines are pleased to jointly announce they have entered into a binding letter agreement dated November 4, 2013 with each other and FortyTwo Metals Inc., a wholly-owned subsidiary of Roca, whereby Roca granted an exclusive option to Discovery to acquire all of the issued and outstanding common shares of FortyTwo. FortyTwo [...]
Discovery Ventures announces that it has signed a three month renewable contract with Bircress Corporate Relations to provide investor relations and corporate communications services to the Company for a monthly fee of $3,000.00. The contract is dated effective August 2, 2013. The contract was negotiated at arm's length. Bircress is wholly owned by [...]
Discovery Ventures is pleased to announce that it has entered into discussions with Roca Mines Inc. and commenced due diligence efforts with respect to the potential acquisition assets. The permitting process for the development and rehabilitation of the Willa Deposit has been initiated. The Company expects to start work on the project as soon as [...]
Discovery Ventures is pleased to announce the appointment of Johnathan M. Cooper as a Director of the Company. Johnathan Cooper is the president of Black Ink Communications, a technical writing and corporate communications firm with an emphasis on the resource industry. He has provided financial modeling services, corporate communications, and sat [...]
