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Discovery-Corp ( (TSE:DCY) ) has provided an update.
Discovery-Corp Enterprises Inc., a company listed on the TSX Venture Exchange under the symbol DCY, has announced the termination of its proposed reverse takeover by Scramble Resources Corp. The arrangement, initially agreed upon in October 2022, required several approvals including those from the TSXV, shareholders, and the court, none of which were obtained. This development may impact Discovery’s strategic direction and market positioning, and investors are advised to consider trading in Discovery’s securities as highly speculative.
More about Discovery-Corp
Technical Sentiment Signal: Buy
Current Market Cap: C$808K
See more data about DCY stock on TipRanks’ Stock Analysis page.