Discovery Metals Files Early Warning Report After Completing Acquisition of Levon Resources

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TORONTO, Aug. 06, 2019 — Discovery Metals Corp. (TSXV:DSV) (“Discovery”) announces that it has filed an early warning report in respect of its holdings in Levon Resources Ltd. (“Levon”). Earlier today, pursuant to a statutory plan of arrangement
pursuant to Section 288 of the British Columbia Business Corporations Act (the “Arrangement”), Discovery acquired all of the outstanding shares of Levon (“Levon Shares”) in exchange for 64,412,929 common shares of Discovery.

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