Further update from DHR properties in two separate NRs
Discovery Harbour agreement for Caldera property
Wednesday June 21 2017 - Property Agreement
The TSX Venture Exchange has accepted for filing: an exploration licence and option to purchase agreement for the Caldera project dated Nov. 18, 2016, between Discovery Harbour Resources Corp., and Genesis Gold Corp. (GGC) (Don Merrick and John Zimmerman), Zsolt Rosta and Jennifer Oliver; the first amendment to exploration licence and option to purchase the Caldera and Jersey Valley projects dated Feb. 17, 2017, between the company and GGC; and the second amendment to exploration licence and option to purchase the Caldera project dated March 30, 2017, between the company, and GGC, Mr. Rosa and Ms. Oliver. Under the agreements, the company has agreed to acquire a 100-per-cent interest in the Caldera project located in Nevada in the United States. In consideration, the company will pay a total of $400,000 (U.S.) ($20,000 (U.S.) in the first year) and issue 500,000 warrants exercisable at five cents per share for three years from the date of grant. GGC will retain a 2-per-cent net smelter return.
Discovery Harbour Jersey Valley property agreement
Discovery Harbour Resources Corp (C:DHR)
Shares Issued 53,393,513
Last Close 6/8/2017 $0.03
Wednesday June 21 2017 - Property Agreement
The TSX Venture Exchange has accepted for filing: an exploration licence and option agreement to purchase the Jersey Valley project dated Nov. 18, 2016, between Discovery Harbour Resources Corp. and Genesis Gold Corp. (GGC) (Don Merrick and John Zimmerman); the first amendment to the exploration licence and option to purchase the Caldera and Jersey Valley projects dated Feb. 17, 2017, between the company and GGC; and the subsequent termination of the Jersey Valley project pursuant to the board resolution dated March 14, 2017. The considerations paid are cash in the amount of $5,000 and issuance of 100,000 warrants, exercisable at 7.5 cents per share for three years from the date of grant.
