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Discovery Harbour Resources Corp
Symbol DHR
Shares Issued 53,393,513
Close 2015-09-03 C$ 0.035
Market Cap C$ 1,868,773
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ORIGINAL: Discovery Harbour holders may elect to extend warrants

2015-09-04 16:38 ET - News Release

Received by email:

File: DISCOVERY HARBOUR  News ReleaseAnnouncing warrant extension.DOCX



NEWS RELEASE
Discovery Harbour Announces Warrant Extension  
Vancouver, British Columbia - September 4, 2015 - Discovery Harbour Resources Corp. (TSXV:DHR) ("Discovery" or the "Co
--->mpany") today announces that it has applied to the TSX Venture Exchange (the "TSX-V") for an amendment to the terms of
---> the 12,217,000 warrants (each, a "Warrant") issued in connection with the Company's private placement that closed in 
--->September 2013. In consideration of the extension, the warrant holders will be required to pay to the Company an exten
--->sion fee of $0.01 per warrant. The Company proposes to extend the expiry date of the Warrants from September 10, 2015 
--->to December 31, 2016.  All other terms of the Warrants, including the exercise price of $0.20, will remain the same. T
--->he extension of the expiry date is subject to the approval of the TSX-V.
Of the warrants issued, 10,000,000 Warrants are held by Richard Gilliam, a holder of more than 20% of the outstanding 
--->common shares of the Company, and 1,000,000 Warrants are held by Westwood Tall Oaks LLC, a trust over which Mr. Gillia
--->m has control and direction.  The holders of these 11,000,000 Warrants have agreed to pay the $0.01 consideration, but
---> the Company has not yet contacted the holders of the remaining 1,217,000 Warrants.  
Assuming the approval of the TSX-V is received, the extension of the extended Warrants will be effective as of Septemb
--->er 10, 2015. 
For further information, contact Kieran Magee by telephone (778) 945-2958 or by email kieran@discoveryharbour.com 
ON BEHALF OF THE BOARD OF DISCOVERY HARBOUR RESOURCES CORP.
"Frank D. (Bruno) Hegner"
F. D. Hegner President, CEO and Director
This news release is not an offer of securities of the Company for sale in the United States. The above described issu
--->ances of securities of the Company have not been and will not be registered under the U.S. Securities Act of 1933, as 
--->amended, and may not be offered or sold in the United States absent registration or an applicable exemption from regis
--->tration. This news release shall not constitute an offer to sell or solicitation of an offer to buy nor shall there by
---> any sale of the above described securities in any jurisdiction in which such offer, solicitation or sale would be unl
--->awful. 
Disclaimer for Forward-Looking Information 
Except for statements of historical fact, this news release contains certain "forward-looking information" within the 
--->meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "will",
---> "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements tha
--->t certain events or conditions "may" occur. Forward-looking information in this press release includes, but is not lim
--->ited to, statements regarding expectations of management regarding the payment of a fee for the extension of the warra
--->nts, and that the extension will achieve TSX-V approval. Although the Company believes that the expectations reflected
---> in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be 
--->correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, perform
--->ance or developments to differ materially from those contained in the statements including, without limitation, the ri
--->sks that the Exchange may not approve the extension, that the extension fee will not be paid, and such other factors b
--->eyond the control of the Company. Except as required by law, the Company expressly disclaims any obligation, and does 
--->not intend, to update any forward-looking statements or forward-looking information in this news release.
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.



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