Discovery-Corp Announces Closing $120,000 Private Placement
TSX.V Symbol: DCY
1108 -193 Aquarius Mews * Vancouver * British Columbia * CANADA * V6Z 2Z2
Tel. 778 371 9936 www.discovery-corp.com
News Release
December 14, 2017
For immediate release
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
Discovery-Corp Announces Closing $120,000 Private Placement
Vancouver - Discovery-Corp Enterprises Inc. (the "Company") (DCY -TSXV) announces that,
further to its news release dated November 14, 201 7, it has closed its non-brokered private
placement of 8,000,000 units (“ Units”) at a price of $0.015 per Unit (the "Offering ") for gross
proceeds of $120,000. The proceeds raised from the Offering are for working capital to preserve
the Company's existing operations and assets. No finder’s fees were paid in connection with the
Offering.
Each Unit consists 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
(a "Warrant Share") at an exercise price of $0.05 per Warrant Share until December 11, 2020. All
securities issued pursuant to the Offering are subject to a four -month resale restriction expiring
on April 12, 2018.
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, 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, British Columbia 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 var iety 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.