18, 2020, 01:00 PM
Mr. Sprott’s total investment in Discovery through the Private Placement is $7,704,770 comprised of $4,039,720 for the Common Shares and $3,665,050 for the Subscription Receipts.
- Silver-focused Discovery Metals (TSX-V:DSV) said today it intends to complete a non-brokered private placement to raise up to $17 million through the issuance of common shares. Sprott’s total investment in Discovery through the Private Placement is $7,704,770 comprised of $4,039,720 for the Common Shares and $3,665,050 for the Subscription Receipts.
Discovery Metals Announces C$25.0 Million Private Placement With C$10.0 Million Investment From Eric Sprott May 15, 2020 Discovery Metals Announces Resignation of Director Eric Sprott acquired 17.6 million shares in the offering for C$4.0 million, approximately 19.9% of Discovery Metals, and also bought 15.9 million of the Subscription Receipts for C$3.7 million that, if converted, would maintain his 19.9% interest. TORONTO, July 25, 2019 -- 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... | July 25, 2019 Assuming the Private Placement is fully subscribed, this investment will result in Mr. Sprott holding approximately 24.4% of Discovery's issued and outstanding Common Shares, post- …
Discovery Metals Announces C$25.0 Million Private Placement With C$10.0 Million Investment From Eric Sprott PRESS RELEASE GlobeNewswire May. Mr. Eric Sprott has agreed to invest C$10,000,000 in the Private Placement, on the acquisition of 18,181,818 Units.
The company said Eric Sprott has agreed to invest $5 million in the private placement. In addition, Mr. Sprott has acquired 15,935,000 Subscription Receipts that, if converted, will maintain his 19.9% interest in Discovery after completion of the acquisition of Levon Resources Ltd (“Levon”), as described below.
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