Welcome to our dedicated page for Discovery Energy news (Ticker: DEMCF), a resource for investors and traders seeking the latest updates and insights on Discovery Energy stock.
Discovery Energy Metals Corp. (OTCQB: DEMCF) is a Canadian exploration company focused on advancing mineral resource projects in North America, with properties in Quebec, British Columbia and Nevada. This news page compiles company-issued updates and market announcements related to its exploration activities and corporate developments.
Recent news releases describe Discovery Energy Metals Corp.’s work on large mineral claim blocks in the Nunavik region of Northern Quebec, including the Serindac Lake and Vaubert Lake areas, and additional claims across the northern and eastern regions of Québec in the Route De Nord, Lac Belanger, Lac Ferland and Lac Roberston properties. Updates also cover the Crystal Lake Copper Property in north-central British Columbia, where historic geophysical and geochemical work has outlined porphyry-style copper potential.
Investors can use this page to review announcements about non-brokered private placement financings, including details on unit structure, warrants and intended use of proceeds for working capital and property exploration. Company news also addresses the advancement of the ESN Project for gold exploration in Nevada and the evaluation of the Koster Dam Project in Central British Columbia through a joint venture with Cariboo Rose Resources.
Typical items covered in Discovery Energy Metals Corp. news include exploration updates, property acquisitions, financing plans and completions, and marketing agreements. By following this news feed, readers can track how the company describes the progress of its mineral projects and related corporate actions over time.
Discovery Energy Metals (OTCQB:DEMCF) has successfully completed a non-brokered private placement, raising gross proceeds of $1,000,000. The offering consisted of 10,000,000 units priced at $0.10 per unit.
Each unit includes one common share and one transferable share purchase warrant. The warrants are exercisable at $0.15 per share for a 24-month period. The proceeds will support general working capital needs and property exploration initiatives. All securities issued are subject to a four-month and one-day statutory hold period.
Discovery Energy Metals (OTCQB:DEMCF) has announced a non-brokered private placement offering to raise up to $1,000,000 through the issuance of 10,000,000 units at $0.10 per unit. Each unit consists of one common share and one transferable share purchase warrant.
The warrants will be exercisable at $0.15 per share for a period of 24 months from issuance. The proceeds will be used for general working capital and property exploration. The offering is subject to regulatory approvals and includes a four-month statutory hold period for all securities issued.
Discovery Energy Metals Corp. (OTCQB:DEMCF) has successfully completed the acquisition of the Crystal Lake Copper Property in British Columbia. The acquisition encompasses eight mineral claims in the Crystal Lake area, furthering the company's mission of advancing domestic energy freedom through regional energy metals discovery in Canada.
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