Discovery Minerals Ltd. Shareholder Update
February 13 2014 - 9:15AM
Marketwired
Discovery Minerals Ltd. Shareholder Update
RENO, NV--(Marketwired - Feb 13, 2014) - Discovery Minerals Ltd.
(OTC Pink: DSCR) is pleased to inform its shareholders that the
company has currently short listed two candidates to fulfill the
strategic technology and marketing partnership needed to complete
the M.I.N.E.™ app. This will provide the necessary technology,
marketing and social media expertise with a proven track record of
launching Apps with a wide range of capabilities. Mr. Smith
commented, "We feel that by engaging one of these experts, we can
reduce the developmental and technological costs, along with
providing an earlier roll out date for the fully functional
M.I.N.E.™ app. We have identified the 2 candidates that will be the
most compatible fit, and anticipate our decision to be made by the
start of next week."
Furthermore, Mr. Smith added, "The Board of Directors is
currently reviewing and cautiously considering the benefits of
reducing the number of common shares issued by an exchange of
certain common shares for Preferred shares and will keep the
shareholders apprised of these discussions."
About Discovery Minerals Ltd.
Discovery Minerals Ltd. (Frankfurt WKN: 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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