Discovery Group is an alliance of public companies that specializes in mineral exploration and mining projects. Founded in 2005 by John Robins and Jim Paterson, it has a strong track record of creating shareholder value. The group's companies have facilitated over $500 million in direct and indirect expenditures and have generated more than $2.6 billion in M&A activity. Notable successes include the sale of Great Bear Resources to Kinross for $1.8 billion, among others. The group's mission, as stated by founder John Robins, is to develop world-class exploration projects by pooling resources and sharing intellectual capital. As of 08 December 2020, the group received a $7.00M post-IPO equity investment from Canaccord Genuity Group, Ventum Financial, and Haywood Securities Inc. The Discovery Group companies, including Aquitaine Metals, CopperEx Resources, Defense Metals Corp., Elemental Altus Royalties, K2 Gold, Kodiak Copper, Prospector Metals, and ValOre Metals Corp, are focused on responsible, sustainable, and innovative development. The group's slogan, "Explore - Discover - Develop", captures its core ethos. Their social media presence includes Twitter and YouTube.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Equity | $7.00M | 3 | Ventum Financial, Haywood Securities Inc. | 08 Dec 2020 |
Post-IPO Equity | $3.50M | - | 29 Jul 2019 | |
Post-IPO Equity | $1.05M | - | 10 May 2018 | |
Post-IPO Equity | $1.20M | - | 05 Jun 2017 | |
Post-IPO Equity | $21.00M | - | 11 Mar 2015 |
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