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 [...]
Discovery Metals Corp. is pleased to announce that it intends to complete a non-brokered private placement to raise $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 has agreed to purchase 17,564,000 [...]
Discovery Metals Corp. is pleased to announce that it has been granted drilling permits for its Monclova Ag-Zn-Pb project in Coahuila State, Mexico. Discovery’s President and CEO, Taj Singh commented: “The receipt of the drilling permit for Monclova is a significant step for the Company. Our team has been working diligently to develop [...]
Discovery Metals Corp. announces it has received approval from the TSX Venture Exchange to extend the term of an aggregate of 31,237,000 outstanding common share purchase warrants that were issued pursuant to a non-brokered private placement as described in the Company’s news releases dated July 17, 2017, July 19, 2017, August 17, 2017, and [...]
Discovery Metals Corp. is pleased to announce the appointment of Dr. Moira Smith to the Company’s Board of Directors . Murray John, Chairman of the Company, stated: “We are delighted that shareholders have ratified Dr. Smith’s appointment and we welcome her to the Board. Moira’s technical expertise and track-record in [...]
Discovery Metals Corp. , is pleased to announce the results of voting at its Annual General and Special Meeting held Wednesday, June 26, 2019 in Toronto, Canada. Shareholders voted in favor of all items put forward by the Board of Directors and management. Shareholders voted in favor of the election of all director nominees. The percentage of votes [...]
Discovery Metals Corp. announces it has applied to the TSX Venture Exchange to extend the term of an aggregate of 31,237,000 outstanding common share purchase warrants that were issued pursuant to a non-brokered private placement as described in the Company’s news releases dated July 17, 2017, July 19, 2017, and August 17, 2017. Each Warrant [...]
Discovery Metals Corp. and Levon Resources Ltd. are pleased to announce that they have entered into an arrangement agreement to combine Discovery and Levon to create a leading silver-focused exploration and development company that will control several district-scale projects in Mexico. Summary of the Arrangement Pursuant to the Transaction [...]
Discovery Metals Corp. is pleased to announce amendments to the terms of the Property Option Agreement on its Puerto Rico Project , located in Coahuila State, Mexico while concurrently signing a 30-year exploration and mining agreement with the Boquillas del Carmen Ejido . A summary of the key terms of the amended Option Agreement are: The Company [...]