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 [...]
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 [...]