Discovery Minerals Ltd (CE)

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Discovery Minerals Ltd (CE) (DSCR) Fundamentals

Discovery Minerals Ltd.,is an acquisition and development company that targets natural resource properties through its subsidiaries. The Board of Directors has determined that these activities be clearly defined and separated within the company. All previous operations and activities such as precious metals mining & processing and clean alternative energy technology will be preserved and held in new corporate structures subsidiaries. Shareholders will be kept advised of these arrangements in the normal way. The Company has allowed their Option Agreement with Meritus Minerals to expire in Mongolia. Discovery had engaged a local attorney in Ulaan Bataar following a site & Country visit and has completed their Due Diligence investigation. Discovery Minerals Project Manager has recommended that the Project be dropped. Discovery had an option agreement on the Ruby Gold Mine until April 30th but were unable to complete Funding. Negotiations are continuing with the owners & Funders. Further, the company has signed an LOI on two gold ore bodies with the owners in Zambia, Africa. This agreement is subject to conducting a due diligence review of the properties. An additional Zambian copper / cobalt project with certified ore reserves is also under consideration. These projects are in limited production and have a contract to sell the metals produced. Discussions are continuing and revolve around the required Project funding.
Share Info
Market Cap$ 7,438
Shares Authorized10,000,000,000
Shares Outstanding7,437,913,081
Shares Outstanding Date06/02/2023
Shareholder Count33
Shareholder Count Date04/01/2014
Float Date11/01/2021
Short Interest10,000
Short Interest Date11/15/2022
Reporting Info
Reporting StatusAlternative Reporting Standard
Audit Status-
Auditor Address-
Auditor Website-
IR Firm-
IR Firm Address-
IR Firm Website-
Legal CounselLockett + Horwitz, PLC*
Legal Counsel Address2 South Pointe Dr. Ste. 275
Lake Forest, California 92630
Legal Counsel Websitehttp://lhlawpc.com
Fiscal Year End9/30
ADR Ratio-
Transfer AgentPacific Stock Transfer Co. (a Securitize Company)
Transfer Agent Address6725 Via Austi Parkway
Suite 300
Las Vegas, NV 89119
Depository Websitehttp://https://securitize.io/pacific-stock-transfe
SHO Flag-
3210 Flag-
Company Info
Ticker SymbolUSOTC:DSCR
OTC Market TierExpert Market
Security TypeCommon Stock
CIK Number0001343845
Address429 W. Plumb Lane
Reno, Nevada 89509
Phone+1 310-607-8252
Fax #-
SIC Code / Description1000 / Metal Mining
Key ExecutivesCEO - Russell Smith
Dir. - Girvan Jackson
Dir. - William McInerney
Number of Employees1
Incorporation StateNevada
Incorporation CountryUSA
Incorporation Year2005

Your Recent History
Discovery ..
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