Discovery-Corp Enterprises Inc. Announces 10 for 1 Consolidation Effective on

TSX.V Symbol: DCY

8568694.1

1108 -193 Aquarius Mews * Vancouver * British Columbia * CANADA * V6Z 2Z2

Tel. 778 371 9936 www.discovery-corp.com

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 ba sed in Vancouver, British Columbia, Canada that is

focused on finding high quality gold and copper prop erties. 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 revi ewed 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 a nd unknown risks, delays, and uncertainties not under the

corporations control which may cause actual results, performance or achiev ements of the corporation’s to be

materially different from the results, performance or expectation impli ed by these forward looking statements. Certain

statements set out in this News Release constitute forwar d-looking statements. Forwar d-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 unk nown 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.