RENO, NV – March 11, 2014 -- Discovery Minerals Ltd. (OTC Pink: DSCR) (PINKSHEETS: DSCR) today announces that all documentation has been completed for the cancellation of Mr. Russell Smith's One Billion common shares and these have been returned to treasury today. Mr. Smith stated, "Our Transfer Agent has indicated that they have received and processed the necessary documents and that the shares are cancelled; effective immediately."
About Discovery Minerals Ltd.
Discovery Minerals Ltd. (OTC Pink: DSCR) (PINKSHEETS: DSCR) is a production stage company formed to acquire and develop natural resource properties. Activities include gold, precious metals and petroleum minerals, including rare earth minerals production and sales. The Company initiated a new program to evaluate undervalued assets, including clean tech and alternative energy investments, for potential addition to its portfolio.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
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SOURCE: Discovery Minerals Ltd.