Discovery Announces Completion of C$247.5 Million Bought Deal Public Offering of Subscription Receipts
Discovery Silver Corp. today reported that the Company has closed the bought deal public offering of subscription receipts previously announced on January 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 full, of the over-allotment option granted to the Underwriters in connection with the Offering.