Discovery Minerals Ltd. (DSCR: OTC Pink Current) | Discovery Minerals Limited Announces Acquisition of The Sanday Corporation

Discovery Minerals Limited Announces Acquisition of The Sanday Corporation

Oct 15, 2013

OTC Disclosure News Service

Reno, NV

Nevada, October 15, 2013 ?Discovery
Minerals Ltd. (DSCR: OTC)

Discovery
Minerals Limited Announces Acquisition of The Sanday Corporation

Discovery Minerals is pleased to announce the
acquisition of The Sanday Corporation an income producing oilfield services company
engaged in engineering consulting.  The
Sanday Corporation has become a subsidiary of Discovery Minerals effective
September 1, 2013. Roger A.T Smith, CEO of The Sanday Corporation
has over 35 years oil and gas drilling,
completion, work over and production experience with a B.A. in Mechanical
Engineering. Mr. Smith has been an advisor to Petrohawk, KM Technology
Group, Chevron, BP, ConocoPhillips and now Total.

Russell
Smith, CEO of Discovery Minerals states ?The Sanday Corporation acquisition
adds significant value for our shareholders as a revenue generating operating
company, which will enhance the company?s financial statements?.

About
Discovery Minerals Limited

Discovery
Minerals Ltd. (Frankfurt WKN: A0LB3X) (Kurzel: D7Z) (OTC Pinksheets: DSCR) is a
production stage company formed to acquire and develop natural resource
properties. Activities include gold, precious metals and 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.

 

CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING
STATEMENTS

This
press release contains forward-looking statements that involve a number of
risks and uncertainties. Forward-looking statements generally can be
identified by the use of forward-looking terminology such as ?believes,?
?expects,? ?may,? ?will,? ?intends, ?plans,? ?should,? ?seeks,? ?pro forma,?
?anticipates,? ?estimates,? ?continues,? or other variations thereof (including
their use in the negative), or by discussions of strategies, plans or
intentions.  A number of factors could cause results to differ
materially from those anticipated by such forward-looking statements, including
those discussed under ?Risk Factors? and ?Our Business.? Forward-looking
statements are subject to known and unknown risks and uncertainties and are
based on potentially inaccurate assumptions that could cause actual results to
differ materially from those expected or implied by the forward-looking
statements. Our actual results could differ materially from those
anticipated in the forward-looking statements for many reasons.

                                            

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The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source: http://www.otcmarkets.com/stock/DSCR/news?id=69856

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