Discovery Minerals Ltd. Shareholder Update
February 14 2014 - 9:15AM
Marketwired
Discovery Minerals Ltd. Shareholder Update
RENO, NV--(Marketwired - Feb 14, 2014) - Discovery Minerals Ltd.
(OTC Pink: DSCR) is pleased to inform its shareholders that
pursuant to the news release yesterday, Mr. Russell Smith, CEO has
elected to return his entire issuance of One Billion shares of
common stock back to treasury in exchange for other equivalent
financial instruments.
The Board of Directors unanimously resolved this action and the
shares will be cancelled immediately.
About Discovery Minerals Ltd.
Discovery Minerals Ltd. (FRANKFURT: A0LB3X) (Kurzel: D7Z) (OTC
Pink: DSCR) is a production stage company formed to acquire and
develop natural resource properties. Activities include gold,
precious metals and petroleum minerals, including rare earth
minerals production and sales. The Company initiated a new program
to evaluate undervalued assets, including clean tech and
alternative energy investments, for potential addition to its
portfolio.
Safe Harbor: This release includes forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and
Section 27E of the Securities Act of 1934. Statements contained in
this release that are not historical facts may be deemed to be
forward-looking statements. Investors are cautioned that
forward-looking statements are inherently uncertain. Actual
performance and results may differ materially from that projected
or suggested herein due to certain risks and uncertainties
including, without limitation, ability to obtain financing and
regulatory and shareholder approval for anticipated actions.
Contact Person: Henry Manayan At: info@discoveryminerals.com
Discovery Minerals (CE) (USOTC:DSCR)
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