Discovery Harbour Resources Corp. announced a non-brokered private placement of up to 4,700,000 units at a price of CAD 0.05 per unit for the gross proceeds of up to CAD 235,000 on January 17, 2024. Each unit will consist of one common share of the company and one common share purchase warrant, with each warrant entitling the holder to purchase one share at a price of CAD 0.07 per share for a period of two years following the closing of the offering.

Finders' fees may be payable in connection with the offering in accordance with the policies of the exchange. All securities issued in connection with the offering will be subject to a statutory hold period expiring four months and one day after closing. The transaction is subject to the approval of the exchange.

Insiders may participate in the offering, but the extent of insider participation, if any, is unknown at this time.