November 14, 2017
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
Discovery-Corp Enterprises Inc. Announces $120,000 Private Placement
Vancouver – Discovery-Corp Enterprises Inc. (the “Company”) (DCY-TSXV) announces that it has arranged a non-brokered at the market private placement of 8,000,000 units (“Units”) at a price of $0.015 per Unit for total gross proceeds of $120,000 (the “Offering”). All of the Units issued will be subject to a four-month hold period. The Offering is subject to the approval of the TSXV.
Each Unit will consist of one common share (“Share”) and one share purchase warrant of the Company (“Warrant”). Each whole Warrant will entitle the holder to purchase an additional Share for a period of up to 36 months from the closing date at an exercise price of $0.05 per Share. The proceeds raised from the Offering will be used for working capital to preserve our existing operations and assets with no finder’s fees being paid.
On Behalf of the Board of Directors
“Iain Brown”, Chief Financial Officer
Discovery-Corp Enterprises Inc.
Discovery-Corp is a junior exploration company based in Vancouver, British Columbia, Canada that is focused on finding high quality gold and copper properties. Discovery-Corp’s properties include the Galaxy, located in the New Afton camp in Kamloops, BC and the Rock Creek Ranch, located in North Central Nevada at the intersection of the Getchell and Battle Mountain-Eureka gold trends.
This release has been prepared by Management – The TSX Venture Exchange has not reviewed this news release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.