Discovery Lithium Announcing Re-pricing and Acceleration of Warrants
Discovery Lithium Announcing Re-pricing and
AcceleraƟon of Warrants
Vancouver, BriƟsh Columbia, Canada, March 1, 2024 – Discovery Lithium Inc . (CSE: DCLI) (OTC:
DCLIF) (FRA: Q3Q0) (the “Company,” or “Discovery Lithium”), a Canadian explora Ɵon company
focused on advancing domesƟc energy freedom through regional lithium discovery, announces it
intends to re-price and accelerate a total of 525,000 common share purchase warrants (the
"Warrants").
The Warrants are currently exercisable at a price of $0.60 per share un Ɵl August 24, 2025. The
Warrants are being re-priced and accelerated to be exercisable at a price of $0.32 per share unƟl
March 22, 2024.
On behalf of the Board of Directors,
Michael Gheyle
President & Chief ExecuƟve Officer
The Company would like to welcome investors to visit our website and join our mailing list at
www.discoverylithium.com/news-alerts/. By subscribing you will stay up to date with the latest
news releases and advancements within our company.
About Discovery Lithium (CSE: DCLI) (OTC: DCLIF) (FRA: Q3Q0)
Discovery Lithium Inc. is a Canadian exploraƟon company focused on advancing mineral resource
projects in North America. The Company holds a 100% interest in 1,675 mineral claims in Serindac
Lake and 2,113 mineral claims in Vaubert Lake for a combined total of approximately 164,283
hectares (~405,952 acres) located in the Nunavik region of Northern Quebec, and with a further
total of 303 mineral claims comprising approximately 16,392 hectares (~40,505.5 acres) idenƟfied
as the Route De Nord, Lac Belanger, Lac Ferland and Lac Roberston properƟes located across the
northern and eastern regions of Québec including the prolific lithium district of the James Bay
region. Addi Ɵonally, the Company is ac Ɵvely advancing its ESN Project for gold explora Ɵon in
Nevada and evaluaƟng the Koster Dam Project in Central BriƟsh Columbia through a joint venture
with Cariboo Rose Resources. Find out more at: www.discoverylithium.com and follow us on X
(formerly twiƩer), Facebook, and LinkedIn.
For further informaƟon, please contact:
Discovery Lithium Inc.
1450 - 789 West Pender Street,
Vancouver, BC Canada V6C 1H2
Telephone: +1 (778) 868-2226
Email: [email protected]
Web: www.discoverylithium.com
CauƟon Regarding Forward-Looking InformaƟon
Certain statements contained in this news release may consƟtute “forward-looking informaƟon”
within the meaning of Canadian securi Ɵes legislaƟon. Forward-looking informaƟon is oŌen, but
not always, iden Ɵfied by the use of words such as “an Ɵcipate”, “plan” , “esƟmate”, “expect”,
“may”, “will”, “intend”, “should”, “poten Ɵal”, “indica Ɵve” and similar expressions. Forward-
looking informa Ɵon in this news release includes, but is not limited to, the re-pricing and
acceleraƟon of the Warrants and other statements regarding the Company’s future business
plans and objec Ɵves. Forward-looking informa Ɵon involves known and unknown risks,
uncertainƟes and other factors that may cause actual results or events to differ materially from
those anƟcipated in such forward-looking informaƟon. The Company’s actual results could differ
materially from those an Ɵcipated in this forward-looking informa Ɵon as a result of risks and
uncertainƟes inherent in the exploraƟon and development of mineral properƟes, fluctuaƟons in
commodity prices, counterparty risk, market condiƟons, regulatory decisions, compeƟƟve factors
in the industries in which the Company operates, prevailing economic condiƟons, changes to the
Company’s strategic growth plans, and other factors, many of which are beyond the control of
the Company. The Company believes that the expecta Ɵons reflected in the forward-looking
informaƟon are reasonable, but no assurance can be given that these expecta Ɵons will prove to
be correct and such forward-looking informaƟon should not be unduly relied upon. Any forward-
looking informaƟon contained in this news release represents the Company’s expectaƟons as of
the date hereof and is subject to change aŌer such date. The Company disclaims any intenƟon or
obligaƟon to update or revise any forward-looking informa Ɵon whether as a result of new
informaƟon, future events or otherwise, except as required by applicable securiƟes legislaƟon.
Neither the Canadian Securi Ɵes Exchange nor its Regula Ɵon Service Provider accepts
responsibility for the adequacy or accuracy of this news release.