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The Emprise Special Opportunities Fund (2013) Limited Partnership

Corporate Updates

Legal*43931435.3

THE EMPRISE SPECIAL OPPORTUNITIES FUND (2013) LIMITED PARTNERSHIP

1600 – 609 Granville Street

Vancouver, B.C.

V7Y 1C3

DISPOSITION OF COMMON SHARES OF DISCOVERY METALS

June 26, 2017 – The Emprise Special Opportunities Fund (2013) Limited Partnership (the “LP”)

has disposed of ownership of 7,950,000 common shares (the “Shares”) of Discovery Metals

Corp. (formerly, Ayubowan Capital Ltd.) (the “Issuer”). The Shares were disposed of pursuant to

certain private transactions.

Following completion of the transaction, the LP has ownership of 5,300,000 common shares of

the Issuer, representing approximately 16.2% of the Issuer’s current issued and outstanding

common shares.

The Shares were disposed of by the LP as a result of an investment decision. In the future,

additional securities of the Issuer may be acquired or disposed of, through the market, privately

or otherwise, as circumstances or market conditions may warrant.

For further information and to obtain a copy of the early warning report filed under applicable

Canadian provincial securities legislation in connection with the disposition by the LP, please go

to the Issuer’s profile on SEDAR at www.sedar.com, or contact Scott Ackerman at

<[email protected]>.

The issuance of this news release is not an admission that an entity named in the news release

owns or controls any described securities or is a joint actor with another named entity.