Discovery Silver Corp.

Discovery Silver reported the completion of the previously announced acquisition of Newmont's Porcupine Operations based in and near Timmins, Ontario, Canada. All dollar amounts in this press release are in US dollars unless otherwise specified. Tony Makuch, Discovery's CEO, commented: "With the closing of the Porcupine acquisition, Discovery moves forward as a diversified North American precious metals company, combining [...]

Discovery Silver Corp. is pleased to announce that shareholders of Discovery overwhelmingly approved the issuance of shares relating to the previously announced acquisition of Newmont Corp.'s Porcupine Complex at the special meeting of Shareholders held earlier today. A total of 221,843,126 common shares of Discovery were represented at the Meeting, in person or by proxy, representing approximately 55.40% of the total [...]

Discovery Silver Corp. today announced financial results for the three months and full-year ended December 31, 2024. All figures are stated in Canadian dollars unless otherwise noted. Tony Makuch, Discovery's CEO, commented: "2024 was a transformational year for Discovery as we work towards becoming a highly profitable North American precious metals producer. Through the efforts of our team, today we stand poised to [...]

Discovery Silver Corp. announced today that it has filed its notice of meeting and management information circular and related materials in connection with the special meeting of holders of common shares of the Company to consider the issuance of Common Shares relating to the previously announced acquisition of Newmont Corporation's Porcupine Complex . Mailing of the applicable Meeting Materials has also commenced. The [...]

Discovery Silver Corp. is pleased to announce that the Company will host an investor presentation and webinar on March 3, 2025 at 10:00 am ET to discuss the transformational acquisition of the Porcupine Complex in and near Timmins, Ontario. The meeting will be hosted by Discovery's CEO, Tony Makuch, with all members of the Company's management team also attending. Mr. Makuch commented: "Through the Porcupine acquisition [...]

Discovery Silver reported that the Company has closed the bought deal public offering of subscription receipts previously announced on Jan 27, 2025. Pursuant to the Offering, the Company has issued an aggregate of 275,000,000 Subscription Receipts at an issue price of C$0.90 per Subscription Receipt, for gross proceeds of C$247,500,000, which includes 25,000,000 Subscription Receipts issued pursuant to the exercise, in [...]

SEDAR+ Establishes Discovery as a growing Canadian gold producer with large Mineral Resource base in a Tier 1 jurisdiction with significant upside potential Attractive acquisition with base case NPV of $1.2 billion using analyst consensus gold prices gold price of $2,150 per ounce) and $2.3 billion at a +23% sensitivity case using LT gold price of $2,650 per ounce Consideration at closing of $275 million, including $200 [...]

Discovery Silver Corp. today announced financial results for the three months and nine months ended September 30, 2024. All figures are stated in Canadian dollars unless otherwise noted. Tony Makuch, CEO, commented: "As a precious metals company focused on creating value, it is a great time to be advancing one of the world's largest silver development projects, with market fundamentals pointing to continued deficits and [...]

Highlights: Received Mexican Government's Quality Environmental Certification Awarded Socially Responsible Enterprise Distinction by Mexican Center for Philanthropy Received Great Place to Work Certification TORONTO, Aug. 22, 2024 -- Discovery Silver Corp. is pleased to announce that it has released its 2023 Environmental, Social and Governance Report, highlighting the Company's current sustainability performance [...]

Discovery Silver Corp. today announced financial results for the three months and six months ended June 30, 2024. The Company also provided a summary of key events in 2024 related to Discovery's 100%-owned Cordero silver project in Chihuahua State, Mexico. All figures are stated in Canadian dollars unless otherwise noted. Tony Makuch, CEO, commented: "Discovery's most significant milestone to date in 2024 was the release [...]