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Discovery’s New Name Receives TSX Approval

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Discovery Mining (OTCQX:DSVSF, TSX:DSV) received TSX approval for its new name, with common shares trading as Discovery Mining Ltd. effective market open July 3, 2026. The ticker remains DSV. The name change and continuance to Ontario’s Business Corporations Act became effective June 29, 2026, with no trading interruptions or share exchanges required.

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DSV shares to trade under Discovery Mining Ltd. name effective July 3, 2026

TORONTO, July 01, 2026 (GLOBE NEWSWIRE) -- Discovery Mining Ltd. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce that effective the market open on Friday, July 3, 2026, the Company’s common shares (“Common Shares”) will trade on the Toronto Stock Exchange under its newly approved name “Discovery Mining Ltd.” (the “Name Change”). The Common Shares will continue trading under the symbol “DSV”.

The Name Change was approved by shareholders at the Company’s Annual General and Special Meeting held on June 22, 2026. Articles of amendment were subsequently filed, and the Company received a certificate of amendment giving effect to the continuation of the Company’s existence from British Columbia’s Business Corporations Act to Ontario’s Business Corporations Act, with the Name Change effective as of June 29, 2026. As previously announced, the Name Change and continuance are intended to better reflect the functional jurisdiction and current operations of the Company.

There are no anticipated interruptions to the Company’s trading activities as part of the Name Change. Certificates and direct registration system (DRS) statements representing common shares of the Company will not be affected by the Name Change and shareholders will not be required to exchange their shares or take any other action. Shareholders holding share certificates of the Company can request replacement certificates from the Company’s transfer agent; however, new certificates are not required and will not be automatically issued.

ABOUT DISCOVERY

Discovery is a growing precious metals company that is creating value for stakeholders through exposure to gold, silver and other critical minerals. The Company’s silver exposure comes primarily from its first asset, the 100%-owned Cordero project, one of the world’s largest undeveloped silver deposits, which is located close to infrastructure in a prolific mining belt in Chihuahua State, Mexico. In April 2025, Discovery acquired the Porcupine Complex, transforming the Company into a new Canadian gold producer with multiple operations, attractive growth projects and significant exploration upside in one of the world’s most renowned gold camps in and near Timmins, Ontario. The acquisition of the Kidd Operations in June 2026 further increased Discovery’s land position within the camp, provided valuable infrastructure that will support the Company’s efforts to more than double annual gold production, and added critical minerals (copper, zinc and silver) to the Company’s current production profile.   

On Behalf of the Board of Directors,

Tony Makuch, P.Eng.
President, CEO & Chairman

For further information contact:         
Mark Utting, CFA
SVP Investor Relations
Phone: 416-806-6298
Email: mark.utting@dsvmining.com
Website: www.dsvmining.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This press release contains forward-looking statements relating to expected future events, including without limitation the effective date of the commencement of trading of the Company’s common shares under the name of Discovery Mining Ltd. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, investors cannot be assured that actual results will be consistent with these forward-looking statements, and the differences may be material. Actual results and growth plans may change and may differ materially from management expectations as projected in such forward-looking statements for a variety of reasons and the other risks and uncertainties discussed in the materials filed by the Company with the Canadian securities regulatory authorities and available on SEDAR+ at www.sedarplus.ca.

Due to the potential impact of these factors, Discovery disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law. 


FAQ

When will Discovery Mining (OTCQX:DSVSF, TSX:DSV) begin trading under its new name on the TSX?

Discovery Mining common shares will trade under the new name on July 3, 2026. According to Discovery, trading will continue on the Toronto Stock Exchange under ticker DSV, with no anticipated interruptions or required shareholder actions related to the name change.

Does Discovery Mining’s TSX name change affect the DSV or DSVSF stock symbols?

The TSX name change does not affect the DSV trading symbol. According to Discovery, common shares will continue trading on the Toronto Stock Exchange as DSV, while the company’s OTCQX symbol remains DSVSF, with no changes to existing shareholdings or certificates.

Do Discovery Mining (DSVSF) shareholders need to exchange share certificates after the 2026 name change?

Shareholders do not need to exchange existing share certificates or DRS statements. According to Discovery, certificates remain valid after the name change. Replacement certificates can be requested from the transfer agent, but new certificates are not required and will not be issued automatically.

What corporate law change accompanied Discovery Mining’s 2026 name change on the TSX?

Discovery Mining continued from British Columbia’s to Ontario’s Business Corporations Act effective June 29, 2026. According to Discovery, articles of amendment were filed and a certificate of amendment obtained, aligning the company’s jurisdiction with its current operational focus in Ontario.

How does Discovery Mining describe its precious metals and critical minerals portfolio after recent acquisitions?

Discovery Mining describes itself as a growing precious metals company with gold, silver and critical minerals exposure. According to Discovery, assets include the 100%-owned Cordero silver project in Mexico, the Porcupine Complex acquired in April 2025, and the Kidd Operations acquired in June 2026.

What impact does the Kidd Operations acquisition have on Discovery Mining’s production profile?

The Kidd Operations acquisition increased Discovery’s land position and added critical minerals to production. According to Discovery, the asset provides infrastructure to support efforts to more than double annual gold production and adds copper, zinc and silver to the company’s current production profile.