Discovery Harbour arranges $300,000 private placement

Mr. Jeremy Woodgate reports DISCOVERY HARBOUR RESOURCES ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OF UNITS Discovery Harbour Resources Corp. has arranged a non-brokered private placement of up to five million units in the capital of the company at a price of six cents per unit, for gross proceeds of up to $300,000. Each unit will comprise one common share in the capital of the company and one share purchase warrant. Each warrant is exercisable to purchase one additional share for a period of five years from the closing date at an exercise price of 7.5 cents per warrant share. The company may pay a finder's fee on the offering within the maximum amount permitted by the policies of the TSX Venture Exchange. The company may complete multiple closings of the offering, as subscriptions are received. Each closing is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals. Closing of the offering is subject to certain customary conditions, including, without limitation, approval of the TSX-V. The securities to be issued under the offering will be offered by way of private placement in such provinces or territories of Canada as may be determined by the company, in each case, pursuant to applicable exemptions from the prospectus requirements under applicable securities laws. Securities issued under the offering will be subject to a hold period, which will expire four months and one day from the date of closing of the offering. The company intends to use the proceeds from the offering for general working capital. About Discovery Harbour Resources Corp. Discover Harbour is focused on sourcing, exploring and developing mineral properties in mining-friendly jurisdictions. We seek Safe Harbor.