DISCOVERY VENTURES INC. ANNOUNCES INCREASE TO ITS OFFERING
VANCOUVER – Discovery Ventures Inc. (“Discovery” or the “Company”) (TSX VENTURE:
DVN) The Company is also pleased to announce that due to high interest in its private placement, it is
increasing the amount offered from the original 8,000,000 units to up to 8,818,000 units. The price of
$0.25 per unit and other terms of the offering will remain the same with each unit comprising of one
common share and one share purchase warrant with an exercise term of 5 years along the pricing schedule
as indicated above. As with the original offering, a finder’s fee of a combination of cash, shares and/or
warrants will be paid to eligible finders in relation to this financing, all in accordance with regulatory
policies. The increase in the private placement is subject to approval by the TSX Venture Exchange. The
Company intends to use the proceeds of the offering towards general working capital and its exploration
projects.
http://www.discoveryventuresinc.com/category/2012/
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