Discovery-Corp Retains Robert Waters for Investor Relations
Vancouver, British Columbia CANADA, February 13, 2012 /FSC/ - Discovery-Corp Enterprises Inc. (DCY - TSX Venture), (the "Company") announces that it has retained Robert Waters for investor relations services.
As compensation, the Company has agreed to grant 120,000 incentive stock options to Waters. The options are exercisable at a price of $0.10 per share and expire five (5) years from the date of the grant. The options are vested over a 12 month period with 10,000 being vested each month.
This transaction is subject to the approval of the TSX Venture Exchange.
Discovery-Corp is a junior exploration company based in British Columbia, Canada that is focused on finding high quality gold and copper properties. Discovery-Corp's properties include the Galaxy, located in the Afton camp in Kamloops, BC. The Company will be drilling a number of holes to validate drilling that was done earlier by Teck and others and also extending the depth of those holes to determine if mineralization continues at depth.
The Galaxy is located just a few miles from New Gold's underground mine that is scheduled to go into production this summer and be a major producer of both copper and gold, with a mine life of 12 years. The Company believes the Galaxy project has similar geology and could be a significant find on its own as well as represent a valuable asset to the right buyer.
Discovery's other asset is the Rock Creek Ranch, located in North Central Nevada at the intersection of the Getchell and Battle Mountain-Eureka gold trends.
On Behalf of the Board of Directors
Alex Pannu, President
This release has been prepared by Management - The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
This document contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under the corporations control which may cause actual results, performance or achievements of the corporation's to be materially different from the results, performance or expectation implied by these forward looking statements.
207 -1275 Hamilton Street
Vancouver, British Columbia, CANADA
V6B 1E2
Tel. 778.329.3520
Fax. 778.329.3520
www.discovery-corp.com
To view this release as a webpage, please click on the following link:
http://www.usetdas.com/pr/discoverycorp02132012.htm
Source: Discovery-Corp Enterprises Inc.(TSX-V: DCY)
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