Discovery Silver Corp.

Discovery Metals Corp. wishes to clarify information regarding its earlier news release issued today: Discovery acquired the Cordero project through its acquisition of all of the issued and outstanding shares of Levon Resources Ltd. . The mineral resource estimate and Preliminary Economic Analysis supporting the disclosure in the news release were completed by Levon, now a wholly-owned subsidiary of Discovery. These [...]

Discovery Metals Corp. is pleased to announce mobilization for a Phase 1 diamond drilling program on its newly acquired and 100%-owned Cordero project located in Chihuahua State, Mexico. Drill permits are in place and Discovery will begin its drill program in the coming days, approximately five weeks ahead of the anticipated commencement date. Discovery’s plan is to drill approximately 30,000-35,000m over the next [...]

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 schedules: Management and employees: annually in equal thirds beginning on the date [...]

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.

Gernot Wober, VP Exploration stated, “The first-ever documented underground results from the historic mines at Minerva were

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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 common shares of Discovery. As a result of the Arrangement, Discovery now [...]

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 silver-focused exploration and development company that controls several district-scale [...]

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 expected to close on August 2, 2019 following receipt of final court [...]

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 acquired 17,564,000 Common Shares of the Private Placement, and as a result he is [...]

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 Stock Exchange in connection with the proposed transaction. Following [...]

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 Common Shares of the Private Placement, which will result in him holding 19.9 [...]