Key amendments and additional information

Discovex Resources Limited (ASX: $DCX) has issued a supplementary prospectus to provide amendments to the prospectus dated 26 April 2024. The amendments include changes to the Letter from Chair, investment overview, background to Latitude 66, KSB Project, proposed exploration program, and corporate advisory agreement. Additionally, the company notes the granting of 14 exploration permits to Latitude 66 subsequent to the lodgement of the Prospectus.

Executive commentary on amendments and additional information

The Company will undertake a diversified growth strategy to grow the Mineral Resource Estimate at the KSB Project, continue to advance the study work on the pathway to development of the strategic gold and cobalt projects, and manage the strategic 'free carry' joint venture interest in the Greater Duchess Copper Gold Joint Venture. We are also pleased to announce the issuance of 125,000,000 Shares as consideration for the Proposed Acquisition, with existing Latitude Shareholders expected to own approximately 79.10% of the combined entity at settlement of the Proposed Acquisition prior to the Offer. The amendments and additional information provided in the supplementary prospectus are aimed at ensuring transparency and completeness in our disclosures.

Summary of amendments and outlook

The supplementary prospectus issued by Discovex Resources Limited (ASX: $DCX) provides amendments to the prospectus dated 26 April 2024, including changes to the Letter from Chair, investment overview, background to Latitude 66, KSB Project, proposed exploration program, and corporate advisory agreement. Additionally, the company notes the granting of 14 exploration permits to Latitude 66 subsequent to the lodgement of the Prospectus. The amendments reflect the Company's commitment to transparent and comprehensive disclosures. Looking ahead, the Company aims to continue its diversified growth strategy, advance study work on strategic projects, and effectively manage joint venture interests, while keeping the market informed of any material developments.