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MARKET RELEASE
27 February 2015
Discovery Metals Limited
TRADING HALT
The securities of Discovery Metals Limited (the "Company") will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of commencement of normal trading on Tuesday, 3 March 2015, or when the announcement is released to the market.
Security Code: DML
Shannon Hong
Senior Adviser, Listings Compliance
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27 February 2015
Ms Shannon Hong
ASX Compliance Pty Ltd
20 Bridge Street
Sydney NSW 2000
Dear Shannon
DiscoveryMetalsLimited-TradingHaltRequest
Discovery Metals Limited (Discovery Metals) requests that an immediate trading halt be granted by
ASX with respect to Discovery Metals' securities (ASX code: DML).
In accordance with ASX Listing Rule 17.1, Discovery Metals provides the following information:
1. The trading halt is requested following the overnight receipt by DML of correspondence from DML's Lender Group.
2. The trading halt is requested, as otherwise trading in Discovery Metals' securities may occur in an uninformed market.
3. Discovery Metals requests the trading halt continue until the earlier of the commencement of normal trading on Monday 2 March 2015 and / or when Discovery Metals makes an announcement to the market.
4. Discovery Metals is not aware of any reason why the trading halt should not be granted. Yours faithfully
Kerry Parker
Company Secretary and Chief Financial Officer
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Discovery Metals Limited
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EXPLORATION STAGE |
CODE : DML.AX |
ISIN : AU000000DML9 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Discovery Metals is a nickel and silver exploration company based in Australia. Discovery Metals holds various exploration projects in Australia. Its main exploration properties are DIKOLOTI, MAUN, ZETA (BOSETO COPPER) and BOSETO COPPER in Botswana and OPHION in Australia. Discovery Metals is listed in Australia. Its market capitalisation is AU$ 12.2 millions as of today (US$ 8.8 millions, € 7.8 millions). Its stock quote reached its highest recent level on April 27, 2012 at AU$ 1.82, and its lowest recent point on February 06, 2015 at AU$ 0.01. Discovery Metals has 644 040 000 shares outstanding. |