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Discovery Metals Closes Change of Business Transaction

Published: 08/17/2017

Team: Jeff Durno, Sam Cole

On August 17, 2017, Discovery Metals Corp. completed its Change of Business transaction on the TSX Venture Exchange. The transaction included the entering into of a series of mineral exploration and option agreements over a land package of approximately 300,000 acres in northern Coahuila state, Mexico.  Discovery Metals also competed a $15.6 million private placement financing at $0.50 per unit as part of the transaction. 

Cassels Brock acted for Discovery Metals with a team comprised of Jeff Durno, Sam Cole and Ken Chow (Securities & Mining).