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Discovery Metals Closes Change of Business Transaction

Published: 08/17/2017

Team: Jeff Durno, Sam Cole, Ken Chow

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).