Brief: Discovery Metals Announces $17 Million Private Placement
10/10/2019 13:55
Oct 10 (Reuters) - Discovery Metals Corp DSV.V :
* DISCOVERY METALS ANNOUNCES $17 MILLION PRIVATE PLACEMENT
INCLUDING $5 MILLION INVESTMENT FROM ERIC SPROTT
* DISCOVERY METALS - PRIVATE PLACEMENT TO RAISE UP TO $17
MILLION
THROUGH ISSUANCE OF COMMON SHARES & SUBSCRIPTION RECEIPTS AT
PRICE OF $0.45 PER SECURITY
* DISCOVERY METALS - PROCEEDS OF PRIVATE PLACEMENT TO BE
USED
PRIMARILY TO FUND DISCOVERY'S CONTINUING EXPLORATION PROGRAM AT
ITS EXPLORATION PROPERTIES
Source text for Eikon: ID:nGNX8DzmnL
Further company coverage: DSV.V
((Reuters.Briefs@thomsonreuters.com;))
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