Eric Sprott Announces Holdings in Discovery Silver Corp.
June 20, 2025 6:08 PM EDT | Source: Eric Sprott
Toronto, Ontario--(Newsfile Corp. - June 20, 2025) - Eric Sprott announces that, today, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, sold 19,200,200 common shares (Shares) of Discovery Silver Corp., over the Toronto Stock Exchange (representing approximately 2.4% of the outstanding shares on non-diluted basis) at an average price of approximately $3.26 per share for aggregate consideration of $62,656,013.
Prior to the disposition of Shares, Mr. Sprott beneficially owned 121,843,998 Shares representing approximately 15.2% of the outstanding Shares on a non-diluted basis. As a result of the disposition of Shares, Mr. Sprott now beneficially owns 102,643,798 Shares representing approximately 12.8% of the outstanding Shares on a non-diluted basis. The disposition resulted in a decrease e in holdings, on a partially diluted basis, of approximately 2.5% since the date of the last filing of an early warning report.
The securities noted above are held for investment purposes. Mr. Sprott has a long-term view of the investment and may acquire additional securities including on the open market or through private acquisitions or sell securities including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors.
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