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by Stockwatch Business Reporter

The TSX Venture Exchange lost 3.89 points to 706.42 Tuesday. Dr. Len Brownlie has filed an amended preliminary prospectus to list his first capital pool shell, Discovery One Investment Corp. There is only one amendment: The shell now intends to sell a $1-million initial public offering, up from $500,000. The IPO price is still 10 cents, and the IPO agent is still Canaccord Genuity Corp.

Dr. Brownlie, 60, holds a PhD in kinesiology. Since 1993, he has been providing consulting services in sports aerodynamics through his company called Aerosports Research. This company has a wind-tunnel facility in Vancouver, where it tests apparel for skiers, skaters, cyclists, runners and hockey players. Dr. Brownlie also has experience with mining issuers, having been a director or officer of 17 public mining companies since 1986. From 2001 to 2016, he was the president and chief executive officer of a Burkina Faso gold explorer, Goldrush Resources Ltd., which peaked at a modest 43 cents. Dr. Brownlie's shell, Discovery One, plans to seek a mining deal for its qualifying transaction.

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