Mr. Iain Brown reports

DISCOVERY-CORP ENTERPRISES INC. ANNOUNCES RESULTS OF AGSM AND RESUMPTION OF TRADING

Discovery-Corp Enterprises Inc. has released the results of the company's annual general and special meeting, and trading will resume shortly. The company's shares were previously halted from trading. The termination of the proposed RTO with Scramble was announced on April 17, 2025. No monies were advanced and there were no guarantees or residual liabilities in connection with Scramble Resources Inc. The company also announces its attendance at the Critical Mineral Conference to learn more about the process of permitting the company's 100-per-cent-owned Galaxy property located in the Kamloops mining district near New Afton in Kamloops, B.C., Canada.

Discovery exploration properties

The following is a summary of the Galaxy property from the company's National Instrument 43-101 that is available on the company's website and SEDAR+.

There is good access to the Galaxy property (the property) and good local infrastructure. The property comprises two Crown granted mineral claims (Crown grants) and seven two-post legacy mineral claims that cover an area of approximately 90 hectares. The legacy claims are 100 per cent owned by Discovery and the claims are entirely surrounded by mineral claims held by others (primarily Coeur Mining Inc. and KGHM). The Galaxy property is located near Kamloops, B.C., seven kilometres east-southeast of the operating New Afton mine.

The Galaxy deposit is an elongate, northwest-trending fault-bounded zone of mineralization, hosted within Nicola volcanics and Sugarloaf diorite. The 600-metre-long-by-120-metre-wide Galaxy deposit comprises two sections of mineralization separated by an east-west-trending cross-fault. Mineralization is truncated at depth by a low-angle, west-southwest dipping thrust fault. This low-angle fault surfaces approximately 90 metres east of the Evening Star shaft, and thus also forms the eastern boundary of the deposit. A northwest-trending zone of picrite marks the position of a major steeply dipping, northwest-trending fault and defines the western faulted contact of the deposit. The deposit reaches a maximum depth of 140 metres before it is cut off by the western boundary fault.

Considerable exploration has been carried out on the Galaxy deposit since the late 1800s, including trenching, drilling, geophysical and geoechemical surveying. Limited production (48 tonnes) from the Evening Star shaft in 1916 to 1917 is also recorded. Discovery has undertaken soil sampling, rock sampling, ground magnetic surveying, reverse circulation drilling and diamond drilling. Significant intersections from the most recent drilling in 2012 include:

• GX12-04: 0.46 per cent Cu (copper), 0.13 g/t Au (gold), 0.9 g/t Ag (silver) over 33.63 metres (including 1.07 per cent Cu, 0.30 g/t Au, 2.1 g/t Ag over 8.08 metres);
• GX12-05: 0.61 per cent Cu, 0.14 g/t Au, 1.0 g/t Ag over 48.28 metres (including 1.07 per cent Cu, 0.21 g/t Au, 1.5 g/t Ag over 11.00 metres);
• GX12-06: 0.44 per cent Cu, 0.11 g/t Au, 1.1 g/t Ag over 32.78 metres (including 0.62 per cent Cu, 0.12 g/t Au, 1.7 g/t Ag over 14.52 metres).

In 2013, metallurgical testwork was undertaken on a single master composite sample. In the locked cycle test, 81 per cent of the copper, 59 per cent of the gold and 40 per cent of the silver was recovered into a concentrate grading 26 per cent copper, 4.7 g/t Au and 45 g/t Ag from a head grade of 0.51 per cent Cu, 0.14 g/t Au and one g/t Ag.

Additional drilling is recommended to expand the deposit size. This would be best accomplished by testing the strike extensions of the main deposit area, as well as at greater depth.

Galaxy work progress -- August, 2024, to May, 2026

Work on the Galaxy property consisted of surface geochemistry and reclamation work from past 2006 and 2012 exploration drilling. Surface geochemistry consisted of ongoing soil sampling at the southern extent of the property to augment the historical soil sampling over the property. ALS lab results yielded concentrations of up to 648 parts per million copper and 96 parts per billion gold, and the sampling in this area demonstrated a 200-metre-by-100-metre moderate to strong copper and gold-in soil anomaly separate from the main Galaxy orebody.

Additionally, a narrow, 150-metre linear gold-in-soil trend has also been noted, separate from the aforementioned area. The trend may be related to an anomalous gold value (0.25 gram per tonne Au) in a rock sample some 100 metres along strike collected in an earlier exploration program. With this new area outside the 2006 ground magnetics surveying and with no known historical drill holes or trenching, exploration work will continue on this new target and may include a mag survey, trenching or drilling.

Ted Vander Wart, PGeo, is a qualified person under National Instrument 43-101, and has reviewed and approved the technical information contained in this news release.

Ratification of disposition of Rock Creek assets

Rock Creek mineral rights, located in Humboldt county, Nevada, U.S., was written down to zero by a charge to operations of $128,954 in the year ended July 31, 2006. The company for any future benefits retained its undivided 50-per-cent interest in the Rock Creek mineral rights. During the year ended July 31, 2025, the company disposed of the data assets and Rock Creek mineral assets for proceeds of $600,000 (U.S.) to a non-related third party and the shareholders ratified and approved of this disposition.

Summary from the company's audited financial statements

The comparative financial statements of the company for the fiscal year ended July 31, 2025, consisting of consolidated statements of income (loss) and comprehensive income (loss), consolidated statements of financial position, consolidated statements of changes in equity, consolidated statements of cash flows, in each case with comparative figures for the preceding fiscal year, together with the notes and the auditor's report, as well as the management's report to shareholders are available on SEDAR+. The following are highlights of financial data on the company for the most recently completed three financial years.

The net income of $625,532 for the year ended July 31, 2025, includes a non-recurring gain of $842,400 from the disposal of the Rock Creek assets.

Annual general and special meeting

Discovery AGSM was Jan. 14, 2026, with 26 shareholders voting in person or by proxy holding 5,674,824 common shares which represents 42.14 per cent of the 13,467,096 outstanding shares. Alexander Pannu, Iain Brown, Scott Yonggi Lee and Mickey Goldstein were elected directors. The audit committee is Mr. Brown, Mr. Yonggi Lee and Mr. Goldstein. Mr. Goldstein and Mr. Yonggi Lee are independent directors.

Shareholders approved the company's stock option plan that allows a maximum of 10 per cent of the issued and outstanding shares. At the time of this news release there are no stock options or warrants issued or outstanding.

We seek Safe Harbor.