Discovery Harbour Resources Corp (DHR)

[Sam Dan]

This PR shows a significant controlling share purchase! Can't think of a more positive action!! Mr Gilliam is showing great believe in the future of DHR
Shares Issued 33,076,513
Last Close 9/11/2013 $0.07
Thursday September 12 2013 - News Release

Mr. Richard Gilliam reports

EARLY WARNING REPORT ISSUED PURSUANT TO NI 62-103 ACQUISITION OF SHARES OF
DISCOVERY HARBOUR RESOURCES CORP.

On Sept. 10, 2013, Richard Gilliam acquired direct ownership of 10 million
units of Discovery Harbour Resources Corp. pursuant to a subscription
agreement dated Sept. 10, 2013, at a price of 10 cents per unit and indirect
ownership of one million units of the issuer pursuant to a subscription
agreement dated Sept. 10, 2013, between Westwood Tall Oaks LLC. Each Unit was
comprised of one common share (each, a "Share") of the Issuer and one common
share purchase warrant (each, a "Warrant"), with each Warrant being
exercisable into one Share at an exercise price of $0.20 until September 10,
2015. The expiry date of the Warrants may be accelerated in the event the
volume weighted average trading price of the Issuer's shares is greater than
$0.30 for 20 consecutive trading days, in which case the Issuer may provide
notice to the warrant holders to exercise their Warrants within 30 days.

Westwood is a trust over which the Offeror has control and direction. As
such, the Offeror is the beneficial owner of all the Shares and Warrants
owned by Westwood. The Shares acquired pursuant to the Purchase represent
24.3% of the issued and outstanding Shares on an undiluted basis, prior to
the exercise of any Warrants. Assuming the exercise of the Warrants, the
Shares acquired pursuant to the Purchase would represent 39.1% of the issued
and outstanding Shares on a diluted basis. Immediately following the
Purchase, the Offeror has ownership, control and direction over 18,390,915
Shares representing 40.6% of the issued and outstanding Shares on an
undiluted basis. The Offeror also has ownership, control and direction over
11,396,000 Warrants. Assuming the exercise of the Warrants, the Offeror would
hold 29,786,915 Shares which would represent approximately 52.5% of the
issued and outstanding Shares on a diluted basis. The Offeror acquired the
Shares for investment purposes and as a principal of the Issuer may continue
to acquire securities of the Issuer from time to time in accordance with
applicable securities laws.