Discovery-Corp Enterprises Inc. Announces 10 for 1 Consolidation Effective on January 14, 2020.
TSX.V Symbol: DCY News Release
January 7, 2020
For immediate release
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
Discovery-Corp Enterprises Inc. Announces 10 for 1 Consolidation Effective on January 14, 2020.
Vancouver - Discovery-Corp Enterprises Inc. (the “Company”) (DCY-TSXV) announces that, further to its news release dated December 10, 2019, a consolidation of all outstanding shares on the basis of 10 pre-consolidation shares for one (1) post-consolidation share, approved by 99.6% of Shareholders that voted on December 4, 2019 at the Company’s Annual General and Special Meeting, will take effect at market open on Tuesday, January 14, 2020. There is no name change and the Company’s shares will continue to trade under symbol DCY on the TSX Venture exchange.
The Company will have a total of approximately 8,717,096 post-consolidation common shares issued and outstanding.
The consolidation was approved by the directors of the Company and has received approval from the TSX Venture Exchange.
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. This document contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under the corporations control which may cause actual results, performance or achievements of the corporation’s to be materially different from the results, performance or expectation implied by these forward looking statements. Certain statements set out in this News Release constitute forward-looking statements. Forward-looking statements (i) are often, but not always, identified by the use of words such as “expect”, “may”, “could”, “anticipate”, or “will”, and similar expressions; (ii) are subject to a variety of known and unknown risks and uncertainties and other factors that could cause actual events or outcomes to differ materially from those anticipated or implied by such forward-looking statements.
8568694.1 1108 -193 Aquarius Mews * Vancouver * British Columbia * CANADA * V6Z 2Z2 Tel. 778 371 9936 www.discovery-corp.com