Exploits Qualifies for Upgrade to Best OTCQX Marketplace, Announces Appointment of VP of Investor Relations

(via TheNewswire)

Vancouver, British Columbia – TheNewswire – February 1, 2022 – Operates Discovery Corp. (“Exploits” or the “Company”) (CSE: NFLD) (CNSX:NFLD.CN) (OTCQX:NFLDF) (FSE:634-FF) has qualified to trade on the best OTCQX® market. Operates Discovery Corp. upgrade to OTCQX from the OTCQB® Venture marketplace.

Operates Discovery Corp. starts trading today on OTCQX under the symbol “NFLDF”. US investors can find the company’s current financial information and real-time Level 2 quotes at www.otcmarkets.com.

The OTCQX market is designed for established and focused investors we and international companies. To be eligible for the OTCQX, companies must meet high financial standards, follow best practices in corporate governance and demonstrate compliance with applicable securities laws. The transition to the OTCQX market from the OTCQB market marks an important step for companies, allowing them to demonstrate their qualifications and increase their visibility with American investors.

“As we explore for world-class gold deposits on our vast land package in the heart of the Newfoundland gold rush we enjoy being part of the OTC market group and the efficient and transparent platform it provides to our we shareholders,” said the CEO of Exploits Jeff Swinoga. “This move to OTCQX is a step in the right direction as we seek to increase market awareness and visibility with the investment community.”

Management update

We are happy to announce that Shanda Kilborn joins us as Vice President of Investor Relations. Shandahas over 15 years of experience in the mining sector. She has built her career providing corporate development, investor relations and corporate affairs services for publicly traded companies. Mrs Kilborn holds a BA from University of Ottawa.

“Our team is delighted to work with Shanda, whose expertise and knowledge will be essential in publicizing our enormous potential for gold discoveries in Newfoundland,” said the CEO of Exploits. Jeff Swinoga.

The Company further announces that, pursuant to the Company’s stock option plan, it has granted new employees and consultants 275,000 options exercisable no later than February 1, 2025 at a price of $0.45 per share. The vesting conditions are as follows: 25% immediate vesting, 25% after three months, 25% after six months and the balance in nine months.

On Operates Discovery Corp.

Discovery of exploits is a Canadian-based mineral exploration company focused on the acquisition and development of mineral projects in Newfoundland, Canada. The Company currently owns Jonathan’s Pond, Dog Bay, Mt. Peyton, Average crest, True Grit, Great Bend and Gazeebow, covering approximately 2,000 square kilometers of mining concessions. The 50%-owned PB Hill project syndicate covers an additional area of ​​nearly 2,000 square kilometers.

Exploits estimates that the gold belt of the Exploits subzone, which extends 200 kilometers from Bay of Dogs southwest to Bay d’Espoir, has been neglected since the last major exploration campaigns in the 1980s. The past 40 years have seen progressive advances in the understanding of gold mineralization in the camp. The sum of this knowledge is now brought together in low-key and efficient exploration models that have delivered results, including the New Found Gold discovery hole in 2019. The Exploits subzone has been heavily staked and financings since late 2019 with high-grade gold discoveries by Newfound Gold and Labrador Gold as well as advanced resource development by Sokoman Minerals.

The Exploits team, with significant local knowledge and experience, surveyed the entire Exploits sub-area and surrounding regions, and after selecting individual land claims for staking, purchasing or joint ventures, has developed a set of lands where there are opportunities for world-class projects. discoveries and mining development. Exploits intends to leverage its local team and the greater change in geological understanding and become one of the most extensive explorers in the Exploits subzone.

ON BEHALF OF COUNCIL
/s/ “Jeff Swinoga”
President and CEO

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy of the accuracy of this press release.

Forward-looking statements

This press release contains certain forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. These forward-looking statements reflect management’s current beliefs and are based on assumptions made by the Company and information currently available to it. Readers are cautioned that these forward-looking statements do not constitute promises or guarantees and are subject to risks and uncertainties that could cause future results to differ materially from those expected, including, but not limited to, market conditions, availability of financing, actual results of exploration and other Company activities, environmental risks, future metal prices, operating risks, accidents, labor issues , delays in obtaining government approvals and permits and other risks in the mining industry. All forward-looking statements made in this press release are qualified by these cautionary statements and those contained in our continuous disclosure documents available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof, and the Company undertakes no obligation to update or revise them to reflect new events or circumstances, except as required by applicable law.

Thanks

Discovery of exploits wishes to acknowledge the financial support of the Junior Exploration Assistance Program from Ministry of Natural ResourcesGovernment of Newfoundland and Labrador.

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