Electrum Discovery Corp. Closes Oversubscribed $2,281,850 Private Placement – Welcomes New Shareholders: Crescat Capital and Syndicate Minerals Pty Ltd.

Vancouver, Canada, October 10, 2024 – Electrum Discovery Corp. ("Electrum" or the "Company")(TSX-V:ELY |FRA:R8N |OTC:ELDCF) is pleased to announce that it has closed the final tranche (the "Final Tranche") of its oversubscribed non-brokered private placement of units ("Unit") at a price of $0.07 per Unit announced on September 23, 2024 (the "Private Placement") and upsized on October 2, 2024.  The Company sold 21,987,570 Units in the Final Tranche to raise gross proceeds of $1,532,830. In total, the Company has issued 32,597,854 Units for gross proceeds of $2,281,850 with each Unit consisting[…]

Written by on October 10, 2024

Electrum Discovery Corp. Announces Closing of the First Tranche of Private Placement and Upsizes Offering

Vancouver, Canada, October 2, 2024 – Electrum Discovery Corp. ("Electrum" or the "Company") (TSX-V:ELY |FRA:R8N |OTC:ELDCF) is pleased to announce that, further to its news release of September, 23rd, 2024, it has closed the first tranche (the "First Tranche") of its non-brokered private placement (the "Private Placement") of 10,700,284 units (the “Units”) at a price of $0.07 per Unit (the "Issue Price") to raise gross proceeds of $749,020. Furthermore, due to strong investor demand, it has upsized the Private Placement to up to $2,100,000, comprised of the sale of up[…]

Written by on October 2, 2024

Electrum Discovery Corp. Opens a Non-brokered Private Placement of up to C$1.5 Million

Vancouver, Canada, September 23, 2024 – Electrum Discovery Corp.  (“Electrum” or the “Company“) (TSXV:ELY |FRA:R8N |OTC:ELDCF) is pleased to announce a non-brokered private placement (the “Private Placement”) of up to 21,428,571 units of the Company (the “Units”), at a price of $0.07 per Unit , to raise aggregate gross proceeds of up to approximately $1.5 million. Each Unit will comprise one common share of the Company (each, a “Common Share”) and one common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each Warrant will entitle the holder[…]

Written by on September 23, 2024

Electrum Discovery Corp. Announces Expanded Copper Gold Target Area and Commencement of Trenching at Timok East

Vancouver, Canada, September 4, 2024 – Electrum Discovery Corp. (“Electrum” or the “Company“) (TSX-V:ELY |FRA:R8N |OTC:ELDCF) is pleased to announce the results of geological mapping, and the commencing of trenching at its Timok East copper-gold project in the Republic of Serbia. The project adjoins the Zijin’s Bor copper-gold mining complex. Exploration in the region has recently increased significantly as a result of new investment and expansion of the +1 billion tonne mine, and several new discoveries in the district. Highlights: Mapping identifies multiple sequences of hydrothermally-altered intrusive rock with stockwork[…]

Written by on September 4, 2024

Electrum Discovery Corp. Announces AGM Results

Vancouver, Canada, August 13, 2024 – Electrum Discovery Corp. (“Electrum” or the “Company“) (TSX-V:ELY |FRA:R8N |OTC:ELDCF) is pleased to announce the results of the Company’s Annual General Meeting (the “AGM” and/or “Meeting“) held on August 8, 2024. A total of 11,847,794 common shares were voted at the Meeting representing approximately 18.71% of the total issued and outstanding common shares of the Company. Shareholders voted to approve all matters brought before the Meeting, including the election of all director nominees, the appointment of Smythe LLP as the Company’s auditors for the[…]

Written by on August 13, 2024