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From: Goose94	12/4/2012 8:13:34 PM
	Read Replies (2) of 202705

Discovery Ventures (DVN-V) Due to high interest in Discovery Ventures's private placement www.discoveryventuresinc.com 23.6 million o/s Discovery Ventures increases offering to $2.39-million Dec 4, 2012 - News Release Due to high interest in Discovery Ventures Inc.'s private placement, Discovery Ventures is further increasing the amount offered from the increased amount announced Dec. 3 of up to 8,818,000 units to up to 9,568,000 units. The price of 25 cents per unit and other terms of the offering will remain the same, with each unit comprising of one common share and one share purchase warrant with an exercise term of five years along the pricing schedule as indicated herein. As with the original offering, a finder's fee of a combination of cash, shares and/or warrants may be paid to eligible finders in relation to this financing, all in accordance with regulatory policies. The increase in the private placement is subject to approval by the TSX Venture Exchange. The company intends to use the proceeds of the offering toward general working capital and its exploration projects. Company presentation slideshare.net

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