Board Change • Apr 20
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Interim CEO & Director Darren Collins is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 25
An undisclosed buyer completed the acquisition of an unknown minority stake in UVAD Technologies Inc. from Discovery Harbour Resources Corp. (TSXV:DHR). An undisclosed buyer agreed to acquire an unknown minority stake in UVAD Technologies Inc. from Discovery Harbour Resources Corp. (TSXV:DHR) for CAD 0.30 million on February 6, 2026.
The transaction is subject to the approval of the TSX Venture Exchange, disinterested shareholder approval, and other customary conditions to closing. As of March 18, 2026, Discovery Harbour Resources approved the transaction. The Disposition remains subject to approval of the TSX Venture Exchange.
An undisclosed buyer completed the acquisition of an unknown minority stake in UVAD Technologies Inc. from Discovery Harbour Resources Corp. (TSXV:DHR) on March 24, 2026. Announcement • Feb 03
Discovery Harbour Resources Corp., Annual General Meeting, Apr 01, 2026 Discovery Harbour Resources Corp., Annual General Meeting, Apr 01, 2026. Location: british columbia, vancouver Canada Announcement • Nov 08
Discovery Harbour Resources Corp. announced that it has received CAD 0.12 million in funding On November 7, 2025, Discovery Harbour Resources Corp. closed the transaction. The company announced that it has issued 2,000,000 units at a price of CAD 0.06 per Unit, generating aggregate gross proceeds of approximately CAD 120,000. Each Unit consists of one common share and one share purchase warrant. Each Warrant is exercisable to purchase one additional Share until November 7, 2030, at an exercise price of CAD 0.075 per Warrant Share. All securities issued in connection with the Offering are subject to a statutory hold period of four months plus one day in accordance with Canadian securities legislation. The Offering remains subject to final approval by the TSX Venture Exchange. Announcement • Oct 19
Discovery Harbour Resources Corp. announced that it expects to receive CAD 0.3 million in funding Discovery Harbour Resources Corp. announced a private placement to issue 5,000,000 units at an issue price of CAD 0.06 for gross proceeds of CAD 300,000 on October 17, 2025. Each unit will be comprised of one common share and one share purchase warrant. Each warrant is exercisable to purchase one additional share for a period of five years from the closing date at an exercise price of CAD 0.075 per warrant share. The company may pay finder's fee on the offering within the maximum amount permitted by the policies of the TSX venture exchange. The company may complete multiple closings of the offering, as subscriptions are received. Each closing is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals. Closing of the offering is subject to certain customary conditions, including, without limitation, approval of the TSXV. Securities issued under the offering will be subject to a hold period which will expire four months and one day from the date of closing of the offering. Board Change • Oct 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Interim CEO & Director Darren Collins is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 08
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. CFO, Corporate Secretary & Director Clayton Fisher is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 21
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. CFO, Corporate Secretary & Director Clayton Fisher is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 04
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. CFO, Corporate Secretary & Director Clayton Fisher is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • May 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. CFO, Corporate Secretary & Director Clayton Fisher is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 24
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). CFO, Corporate Secretary & Director Clayton Fisher is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. New Risk • Jan 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$181k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$181k free cash flow). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.06m market cap, or US$735.6k). New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$990.6k market cap, or US$691.3k). Minor Risk Large one-off items impacting financial results. Announcement • Jun 20
Discovery Harbour Resources Corp. Announces Board Changes Discovery Harbour Resources Corp. announced the resignation of Rodney Stevens from the Board of Directors. In connection with Mr. Stevens resignation, the Company announced that Sharyn Alexander and Eric Vanderleeuw were appointed to the Board of Directors effectively immediately. Ms. Alexander is an accomplished mining professional with a 20-year background in the mining and mineral exploration industry. She currently serves as President of Sun Summit Minerals Corp. and is a Director of Rare Earth Ridge Resources and Crestfield Copper. Her diversified skill set includes solid integration of technical expertise with business acumen. Ms. Alexander is also a member of the Mineral Tenure Act Modernization Committee with the B.C. Association for Mineral Exploration (AME). Past experience includes working with companies such as B2Gold, Barrick, and SRK Consulting. Ms. Alexander earned her B.Sc. in Geology at McMaster University and her M.Sc. in Geology at the University of Toronto. Eric has nearly a decade of experience in Capital Markets and has helped with over $100 million in capital raises throughout his consulting tenure. He has extensive experience in corporate development, playing a pivotal role for numerous public and private companies. Before venturing into Capital Markets, Eric had a career in planning and land development for residential, commercial, and public projects at a large planning and engineering consulting firm. The Company would like to thank Mr. Stevens for his contributions to the Company and wishes him the best in his future endeavours. Announcement • Mar 01
Discovery Harbour Resources Corp. announced that it has received CAD 0.235 million in funding On February 29, 2024, Discovery Harbour Resources Corp. closed the transaction. The company has issued an aggregate of 1,700,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 85,000 in its second and final tranche closing. In total, the company has issued 4,700,000 units at a price of CAD 0.05 per unit for total gross proceeds of CAD 235,000 from the first and second tranche in the transaction. The company did not pay any finder’s fees in connection with the Offering. All securities issued in connection with the Offering will be subject to a statutory hold period expiring four months and one day after closing of the respective tranche of the Offering. Completion of the Offering is subject to the approval of the Exchange. New Risk • Feb 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 32% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$933.8k market cap, or US$691.6k). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (32% increase in shares outstanding). Announcement • Feb 17
Discovery Harbour Resources Corp., Annual General Meeting, May 10, 2024 Discovery Harbour Resources Corp., Annual General Meeting, May 10, 2024. Announcement • Jan 18
Discovery Harbour Resources Corp. announced that it expects to receive CAD 0.235 million in funding Discovery Harbour Resources Corp. announced a non-brokered private placement of up to 4,700,000 units at a price of CAD 0.05 per unit for the gross proceeds of up to CAD 235,000 on January 17, 2024. Each unit will consist of one common share of the company and one common share purchase warrant, with each warrant entitling the holder to purchase one share at a price of CAD 0.07 per share for a period of two years following the closing of the offering. Finders' fees may be payable in connection with the offering in accordance with the policies of the exchange. All securities issued in connection with the offering will be subject to a statutory hold period expiring four months and one day after closing. The transaction is subject to the approval of the exchange. Insiders may participate in the offering, but the extent of insider participation, if any, is unknown at this time. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Pat Merrin was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 22
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Pat Merrin was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Pat Merrin was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 01
Discovery Harbour Resources Corp., Annual General Meeting, Apr 05, 2022 Discovery Harbour Resources Corp., Annual General Meeting, Apr 05, 2022. Announcement • Nov 27
Discovery Harbour Resources Corp. Announces Results from the Final Four of Five Drill Holes Have Been Received from the Company's Caldera Drill Program Discovery Harbour Resources Corp. announced that results from the final four of five drill holes have been received from the Company's Caldera drill program. Selected core from each of the five holes was sent for analysis. Gold was intercepted in drill holes CP21-02, 04 and 05. Drill hole CP21-02 has a best result of 2.40 grams gold per tonne (g/t) and 187 ppm silver over 1.5 metres and extensive intervals of anomalous gold. Drill hole CP21-04 has a best result of 2.71 gold g/t over 1.2 metres, other intervals of over 1 gold g/t and extensive intervals of anomalous gold. Drill hole CP21-05 has a best result of 1.53 g/t over 0.9 metres and anomalous gold in several other intervals. The drillholes each intersected primarily volcanic tuffs, with zones of moderate to strong propylitic and argillic alteration and multiple fault zones. Announcement • Sep 15
Discovery Harbour Resources Corp. Announces Drill Program Progressing Well on the Caldera Gold Property, Nevada Discovery Harbour Resources Corp. announced that the Company's Caldera drill program is progressing well with four holes completed. Each hole has reached the planned target depth with excellent recoveries. The Company currently plans to test six drill targets, each one to a depth 100 to 300 metres, deeper than any previous drilling on Caldera. Discovery Harbour will be the first company to test the boiling zone, typically found at approximately 300+ metres depth, where precious metals come out of solution and potentially develop into a high grade portion of a low sulphidation epithermal gold system. The Caldera gold property lies in a fertile gold region at the intersection of the Walker Lane and Northumberland Gold Belts northwest of Tonopah, Nevada. The drill program is expected to be complete by the beginning of October. Selected drill core has been sent to the lab for analysis and will continue to be sent as further drill holes are completed. Results are expected to be available beginning the end of October and the Company will release the results in batches as they are available. Announcement • Aug 06
Discovery Harbour Resources Corp. Commences Drilling on the Caldera Gold Property, Nevada Discovery Harbour Resources Corp. announced that company's drill program is underway on the Caldera gold property, which lies in a fertile gold region at the intersection of the Walker Lane and Northumberland Gold Belts northwest of Tonopah, Nevada. The company plans to test six to eight drill targets, the order being determined by logistics and results as the drilling progresses. The drill holes will be 100 to 300 metres deeper than any previous drilling on Caldera in order to target the potentially high grade portion of the low sulphidation epithermal gold system. Discovery Harbour will be the first company to test the potential of a boiling zone, typically found at approximately 300+ metres depth, where precious metals come out of solution. Drilling has commenced on target "G" (Figure 1 on the following page). This target is characterized by rock sample assays which are continuously anomalous along a structure of at least 500 metres in length, including three rock samples greater than 15 grams per tonne ("g/t") gold and a further 11 samples greater than 2 g/t gold. Shallow historical drill holes in this area returned anomalous gold, including 10.7 metres of 1.09 g/t gold. A broad zone of coincident quartz and chalcedony, also coincident with soil samples anomalous in gold, silver, arsenic and antimony, further support this target as a promising low sulphidation epithermal gold system. An additional encouraging feature of this target is a structural inflection prospective for gold deposition. The drill program is expected to take approximately eight weeks. The drill core will be split and sent to the laboratory for analysis with results expected to begin during the fall. Announcement • Jul 03
Discovery Harbour Resources Corp. Announces Discovery Harbour Receives Positive Drill Permit Decision for Caldera Gold Property, Nevada Discovery Harbour Resources Corp. announced that the United States Forest Service has concluded its review of the drill permit application with a positive decision for the epithermal gold Caldera property in Nevada. The positive USFS Decision Memo provides approval of the Company’s Plan of Operations for Discovery Harbour to undertake a drill program on up to 10 drill targets this summer. The Company has engaged a drill contractor and is finalizing all necessary arrangements. In connection with the drill permit, the Company is making arrangements to post a $49,200 bond, a standard condition for a drill permit of this type. The Company expects to confirm all necessary logistics and contractors in order to begin drilling in August. Announcement • Mar 20
Discovery Harbour Resources Corp. Announces That Patrick Merrin Was Elected to the Company's Board of Directors Discovery Harbour Resources Corp. announced that Mr. Patrick Merrin was elected to the Company's Board of Directors at the annual general meeting held March 18, 2021. Directors re-elected were Richard Gilliam, Andrew Hancharyk, Rodney Stevens and Mark Fields. Mr.Merrin has had increasingly senior positions in mining operations over the past 25 years. He recently served as Chief Operations Officer of The Washington Companies, a multi-billion dollar private conglomerate of heavy industrial businesses, including mining, located within Canada and the United States. Previous to that he was Senior Vice President of Canadian Operations of Goldcorp Inc. (now called Newmont Corporation) and held various senior positions with Hudbay Minerals Inc. Executive Departure • Mar 19
Independent Director has left the company On the 18th of March, Jason Cubitt's tenure as Independent Director ended after 2.2 years in the role. As of December 2020, Jason personally held only 400.00k shares (CA$26k worth at the time). A total of 2 executives have left over the last 12 months. Announcement • Mar 11
Discovery Harbour Announces Agreement for Newcrest to Earn Interest in Fortuity 89 Property Discovery Harbour Resources Corp. announced it has entered into an option and earn-in agreement with Newcrest Resources Inc., a wholly owned subsidiary of Newcrest Mining Limited ("Newcrest") on the Fortuity 89 property in Nevada. Discovery Harbour holds the early stage epithermal gold Fortuity 89 property, which covers close to 34 square kilometres and is located approximately four kilometres west of Discovery Harbour's Caldera property. Fortuity 89 is characterized by limited outcrop in a large gravel covered plain. The limited outcrop is strongly altered and other indications are consistent with the area being high in a potentially gold bearing epithermal system. Announcement • Jan 09
Discovery Harbour Resources Corp., Annual General Meeting, Mar 17, 2021 Discovery Harbour Resources Corp., Annual General Meeting, Mar 17, 2021. Announcement • Jan 08
Discovery Harbour Resources Corp. Provides Update on Status of Its Caldera Drill Permit Discovery Harbour Resources Corp. is updating the status of its Caldera drill permit under its Exploration Plan of Operations from the United States Forest Service. The company has been in regular contact with the USFS which, the company understands, has not identified any issues or concerns. However, the process remains under review due to the required input from various parties. Because of anticipated spring drilling restrictions attached with the final drill permit approval and the length of time for the drill permit approval process, the company believes that it will not be able to initiate the planned drill program until summer of this year. Announcement • Nov 19
Discovery Harbour Resources Corp. Announces That the Caldera Drill Permit Under Its Exploration Plan of Operations (The “Plan”) from the United States Forest Service (“Usfs”) Is Still Pending Discovery Harbour Resources Corp.announces that the Caldera drill permit under its Exploration Plan of Operations (the “Plan”) from the United States Forest Service (“USFS”) is still pending. The Company had expected to be in receipt of the drill permit earlier this fall. The Company has been in regular contact with the USFS and understands that, although they have not identified any issues or concerns, the review process has taken longer than expected due to the required input from various parties. Announcement • Sep 24
Discovery Harbour Resources Corp. Stakes Additional Mineral Claims at its Caldera Gold Project Discovery Harbour Resources Corp. announced that it has staked additional mineral claims at its Caldera gold project, which lies in a fertile gold region at the intersection of the Walker Lane and Northumberland Gold Belts northwest of Tonopah, Nevada. Based on the results of the soil sampling program Discovery Harbour has further expanded its Caldera gold project by four mineral claims. The claims were added to cover prospective areas defined by anomalous gold and pathfinder element (arsenic, antimony and mercury) anomalies outlined in the soil sampling program. The new claims are contiguous to the south of the Faustus mineralized area where historic drilling intercepts returned 4.45 g/t gold over 7.6m and 7.36 g/t gold over 6.1m. Three gold targets have been previously identified, including two sites (D and E) being permitted for the upcoming drill program. These new claims cover the southeastern inferred trend of the northwesterly-southeast structural direction that the Company believes is a key feature controlling the gold mineralization. The Caldera property covers over 30 square kilometres, now comprised of 264 mineral claims. The Company is in the drill permitting process and anticipates that it will begin its drill program this fall on the first 10 of 33 targets at Caldera. Discovery Harbour's 100%-optioned Caldera property was generated by Don Merrick and John Zimmerman of Genesis Gold Corporation. Announcement • Jul 21
Discovery Harbour Resources Corp. announced that it has received CAD 3 million in funding from AlphaNorth Asset Management, Palisades Goldcorp Ltd. and other investors On July 20, 2020, Discovery Harbour Resources Corp. (TSXV:DHR) closed the transaction. The transaction was co-led by AlphaNorth Asset Management, Palisades Goldcorp Ltd and also included participation from certain insiders of the company. The company has paid CAD 161,403 and issued 2,934,605 warrants exercisable at CAD 0.10 for period three years from closing to certain finders.
The company received CAD 215,245 from 9 investors pursuant to exemption provided under Regulation D. Announcement • Jun 30
Discovery Harbour Resources Corp. announced that it expects to receive CAD 3 million in funding Discovery Harbour Resources Corp. (TSXV:DHR) announced a non-brokered private placement of up to 54,545,455 units at CAD 0.055 per unit for gross proceeds of up to CAD 3,000,000 on June 29, 2020. Each unit consists of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share at a price of CAD 0.10 per share for a period of three years from the closing of the transaction. The company may pay finder’s fees as part of the transaction. The transaction is expected to close on July 17, 2020. All securities issued in connection with the transaction will be subject to a statutory hold period expiring four months and one day after closing. The closing of the transaction is subject to the approval of TSX Venture Exchange.