VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 22, 2016) - Discovery Ventures Inc. (TSX VENTURE:DVN)(FRANKFURT:0DV)(OTCQX:DTVMF) ("Discovery") is pleased to announce that it has entered into a debt settlement agreement with Genex Mining Company Ltd. ("Genex") whereby Discovery will settle a judgment in the amount of $900,000 Genex obtained against the Company's wholly-owned subsidiary, FortyTwo Metals Inc., through the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 20, 2016) - Discovery Ventures Inc. (TSX VENTURE:DVN)(FRANKFURT:0DV)(OTCQX:DTVMF) ("Discovery") is pleased to announce it has appointed Lorne Warner P.Geo as the qualified person, as defined in National Instrument 43-101, (the "QP") and head of technical services of Discovery. Mr. Warner has joined the Discovery team as its qualified person in the position of Technical [...]
Discovery Ventures is identified in a newly issued research report by Market Equities Research Group with several potential catalysts that exist in 2016 with potential to result in $65 million market cap for DVN.V. Discovery Ventures is currently advancing its Max Mill and Willa Gold Mine near Revelstoke British Columbia toward becoming Canada's newest gold mining operation. The Company will have 94.9 million shares [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 11, 2015) - Discovery Ventures Inc. (TSX VENTURE:DVN)(FRANKFURT:ODV)(OTCQX:DTVMF) ("Discovery") is pleased to announce that its previously announced private placement financing is oversubscribed as Discovery has entered into subscription agreements for 7,920,000 units at a price of $0.15 per unit for gross proceeds of up to $1,188,000. Each unit consists of one common share [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 10, 2015) - Discovery Ventures Inc. (TSX VENTURE:DVN)(FRANKFURT:0DV)(OTCQX:DTVMF) ("Discovery") is pleased to announce it intends to undertake a private placement financing of up to 7,333,333 units at a price of $0.15 per unit for gross proceeds of up to $1,100,000. Each unit consists of one common share of the Discovery and one share purchase warrant, which entitles the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 1, 2015) - Discovery Ventures Inc. (TSX VENTURE:DVN)(FRANKFURT:0DV)(OTCQX:DTVMF) ("Discovery") is pleased to announce it has commenced mobilization of surface equipment to rebuild the road access to the 1025 and 1125 portals. This work will be done to meet the Ministry of Mines standards provided in the 10,000 ton bulk sample permit issued in October, 2015. Two excavators, a [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 10, 2015) - Discovery Ventures Inc. (TSX VENTURE:DVN) (FRANKFURT:0DV) (OTCQX:DTVMF) ("Discovery") is pleased to announce that the company has appointed Mr. Robert Robson, Process Metallurgist, Diploma of Mining Technology from BCIT as an advisor to Discovery's board. Mr. Robson has recently been advising the company on comprehensive metallurgical test work and process flow [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 5, 2015) - Discovery Ventures Inc. (TSX VENTURE:DVN)(FRANKFURT:0DV)(OTCQX:DTVMF) ("Discovery") is pleased to report that the company has been granted a permit by the BC Ministry of Energy & Mines to remove a bulk sample of up to 10,000 tonnes of ore from the Company's flagship property, the Willa project, near Silverton, British Columbia. The program is intended to [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 5, 2015) - Discovery Ventures Inc. (TSX VENTURE:DVN)(FRANKFURT:0DV)(OTCQX:DTVMF) ("Discovery") provides an update on the progress of its amended preliminary economic assessment (the "New PEA") that Discovery announced on July 3, 2015 and August 5, 2015. Discovery is preparing the New PEA as a result of a review by the British Columbia Securities Commission (the "BCSC"). On [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 14, 2015) - Discovery Ventures Inc. (TSX VENTURE:DVN)(FRANKFURT:ODV)(OTCQX:DTVMF) ("Discovery") announces it has engaged a work crew to commence various maintenance and upgrades to its WillaMAX Project. The MAX Mill, camps and offices have been on care and maintenance since the end of 2011 and the scope of work initially includes repairing and renovating some of the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 8, 2015) - Discovery Ventures Inc. (TSX VENTURE:DVN)(FRANKFURT:ODV)(OTCQX:DTVMF) ("Discovery") announces that it has granted options to acquire 500,000 common shares of the Company (each, a "Share") at a price of $0.15 per Share for a period of five years to one consultant of the Company. The options granted to the consultant vest over a one year period with 25% vesting [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 6, 2015) - Discovery Ventures Inc. (TSX VENTURE:DVN)(FRANKFURT:0DV)(OTCQX:DTVMF) ("Discovery") announces that, pursuant to a share purchase agreement (the "Share Purchase Agreement") dated October 5, 2015 with Roca Mines Inc. ("Roca"), it has acquired the remaining 65% of the outstanding share capital of FortyTwo Metals Inc. ("FortyTwo") and is now the owner of 100% of the [...]