Mr. Mark Fields reports

DISCOVERY HARBOUR ANNOUNCES CLOSING OF A SECOND TRANCHE OF THE NON-BROKERED PRIVATE PLACEMENT

Discovery Harbour Resources Corp. has completed a second tranche of its previously announced non-brokered private placement, as described in its news release dated Jan. 17, 2024, pursuant to which it has issued an aggregate of 1.7 million units at a price of five cents per unit raising gross proceeds of $85,000. To date, the company has received an aggregate of $235,000 from the first and second tranches.

Each unit comprises 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 seven cents per share for a period of two years following the closing date of the offering. The aggregate gross proceeds from the sale of the offering will be used for possible property acquisitions and general working capital.

The company did not pay any finders' fees in connection with the offering.

All securities issued in connection with the offering will be subject to a statutory hold period expiring four months and one day after closing of the respective tranche of the offering. Completion of the offering is subject to the approval of the exchange.

About Discovery Harbour Resources Corp.

Discovery Harbour is focused on sourcing, exploring and developing mineral properties in mining-friendly jurisdictions.

We seek Safe Harbor.