Discovery Harbour Announces Effective Date for Consolidation

Discovery Harbour Announces Effective Date for Consolidation

Vancouver, British Columbia – July 6, 2017 – Discovery Harbour Resources Corp. (TSXV:DHR) (“Discovery Harbour” or the “Company”) announces that further to its News Release of June 23, 2017, the TSX Venture Exchange has approved the consolidation of the common shares of the Company (each, a “Share”) on the basis of three (3) pre‐consolidation Shares for one (1) post‐consolidation Share (the “Consolidation”). The Consolidation will become effective at the opening of the market on July 7, 2017.  The Company’s symbol shall remain as “DHR”. Currently, a total of 53,393,513 Shares are issued and outstanding.  Accordingly, upon the Consolidation becoming effective, a total of 17,797,840 Shares would be issued and outstanding, subject to adjustments for rounding.  There is no maximum number of authorized Shares.  Computershare Investor
Services Inc. (“Computershare”) will mail letters of transmittal to the shareholders providing instructions on exchanging pre‐Consolidation share certificates for post‐Consolidation share certificates.   Shareholders are encouraged to send their share certificates, together with their letter of transmittal, to Computershare in accordance with the instructions in the letter of transmittal.

 

ON BEHALF OF THE BOARD OF DISCOVERY HARBOUR RESOURCES CORP.

Mark Fields, P.Geo., Interim President, CEO and Director

For more information, please contact:

Binny Jassal, CFO
604‐689‐1799
binny@discoveryharbour.com

Neither 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