TORONTO, ONTARIO--(Marketwired - Aug. 21, 2017) - Discovery Metals Corp. (TSX VENTURE:DSV) ("Discovery Metals" or the "Company") today announced the appointment of Jeff Parr to the Company's Board of Directors (the "Board"). Mr. Parr will serve as Audit Committee Chair for the Company. Murray John, Chairman of the Company, stated: "Mr. Parr's business experience and in-depth financial, project finance and regulatory [...]
Discovery Metals is pleased to announce that it has closed its previously announced change of business transaction and has been reclassified as a Tier 2 Mining Issuer on the TSX Venture Exchange. The principal transaction completed by Discovery Metals was the entering into of a mineral exploration and option agreement dated April 7, 2017, with Jesus Miguel Hernandez Garza and Juan Reynaldo Elizondo Falcon, providing an [...]
Discovery Metals is pleased to report that it has closed the second and final tranche of its previously announced non-brokered private placement. As previously announced, an aggregate of 25,787,000 subscription receipts at a price of $0.50 per subscription receipt were issued in the first tranche for gross proceeds of $12,893,500. The Company has now closed the Second Tranche of the Offering for additional gross proceeds [...]
Discovery Metals is pleased to report that it has closed the first tranche of its previously announced non-brokered private placement, for aggregate gross proceeds of $12,893,500. The Offering was upsized from the original $10 million due to strong demand. The Offering involved the issuance of 25,787,000 subscription receipts at a price of $0.50 per subscription receipt. A second and final tranche of the Offering is [...]
Discovery Metals today announced the appointments of Mr. Taj Singh, M.Eng, P.Eng, CPA as President and Chief Executive Officer and Mr. Orest Zajcew, CFA, PhD as Chief Financial Officer and Corporate Secretary. The appointments will be effective on completion of the Company's Change of Business transaction (the "Transaction") and completion of the associated $10 million private placement financing as previously announced [...]
Discovery Metals today announced the appointment of Murray John as Chairman of the Company's Board of Directors and the appointment of Jose Alberto Vizquerra Benavides to the Board. Additionally, the Company has created an advisory committee consisting of Arturo Bonillas, Cal Everett, Craig Roberts, Moira Smith and Sean Tetzlaff. Mr. Bonillas will serve as Chairman of the Advisory Board. The appointment of Mr. Vizquerra [...]
Discovery Metals is pleased to announce that it has entered into an additional mineral exploration and option agreement dated June 7, 2017, with Jesus Miguel Hernandez Garza and Juan Reynaldo Elizondo Falcon, providing option to acquire the La Kika mineral concession located in the state of Coahuila. Discovery Metals is currently listed on NEX and on May 1, 2017 announced the entering into of a mineral exploration and [...]
Ayubowan Capital is pleased to announce that it intends to complete a non-brokered private placement to raise up to $10,000,000 through the issuance of up to 20,000,000 subscription receipts at a price of $0.50 per subscription receipt. The proceeds of the Offering will be held in escrow, pending the Company receiving all applicable regulatory approvals and completing its proposed Change of Business transaction as defined [...]