Sprott buying at Discovery Metals (DSV)

Sprott buying at Discovery Metals (T:DSV)

2176423 Ontario Ltd., a 10% Holder, acquired 18,181,800 Common Shares on a direct ownership basis at a price of $0.550 through a prospectus or prospectus exempt offering on June 1st, 2020. The insider also acquired 9,090,909 Warrants on a direct ownership basis at an exercise price of $0.770 through a prospectus or prospectus exempt offering on June 1st, 2020. This represents a $9,999,990 investment into the company's shares and an account share holdings change of 40.8%.

Discovery Metals is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Discovery Metals Corp is a Canada-based exploration and development company. The Company is focused on district-scale silver and silver-zinc-lead projects in northern Mexico. It owns the Cordero Project located in Mexico's porphyry and carbonate replacement deposit (CRD) districts in Chihuahua State, Mexico. Its projects also include Puerto Rico project, Minerva project and Monclova project. The Puerto Rico project is a carbonate replacement (CRD) silver-zinc-lead mining district and hosts approximately 650 meters (m) of underground drifts and stopes over three levels. The Minerva project is located approximately 230 kilometer (km) west northwest of the city of Melchor Muzquiz in Coahuila State, Mexico. The Monclova project is located approximately 25km southwest of the city of Monclova. It allows own projects Coahuila State and Bralorne Region.