Eric Sprott Announces Holdings in Discovery Silver Corp.

Summary of Key Points Core Viewpoint - Eric Sprott's corporation, 2176423 Ontario Ltd., sold 19,200,200 common shares of Discovery Silver Corp., representing approximately 2.4% of the outstanding shares, at an average price of $3.26 per share for a total of $62,656,013 [1]. Company Holdings - Prior to the sale, Mr. Sprott owned 121,843,998 shares, which was about 15.2% of the outstanding shares. After the sale, his holdings decreased to 102,643,798 shares, representing approximately 12.8% of the outstanding shares [2]. - The sale resulted in a decrease in holdings of approximately 2.5% on a partially diluted basis since the last early warning report [2]. Investment Intentions - The securities are held for investment purposes, and Mr. Sprott maintains a long-term view on the investment. He may acquire additional securities or sell existing ones depending on market conditions and other relevant factors [3].