News

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[…]

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[…]

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[…]

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[…]

Vancouver, Canada, August 7, 2024 – Electrum Discovery Corp. (“Electrum” or the “Company“) (TSX-V:ELY |FRA:R8N |OTC:ELDCF) is pleased to announce the results from recent rock chip sampling and remote sensing mapping at its Timok East copper-gold project in the Republic of Serbia. Highlights: Copper and gold in soil is now correlated with known copper-gold mineralization in a regional setting and with neighboring large-scale copper-gold mines. Rock-chip sampling confirms significant copper-gold mineralization at Bambino with assays including 1.85% Cu and 1.27 g/t Au in rock-chips. Significant copper mineralization identified in bedrock[…]