Discovery Minerals : Sept 30 2021

Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines

Discovery Minerals LTD.

A Wyoming Corporation

429 W. Plumb Lane, Reno NV 89509

[phone]

www.discoveryminerals.com

Company Email:

SIC #1000

Annual Report

For the Period Ending: September 30, 2021

Amended February 25, 2022

(the "Reporting Period")

As of September 30, 2021, the number of shares outstanding of our Common Stock was: 7,437,913,081

As of June 30, 2021, the number of shares outstanding of our Common Stock was: 6,737,913,081

As of September 30, 2020,the number of shares outstanding of our Common Stock was: 6,031,913,081

Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Exchange Act of 1934):

Yes: ☐ No: ☒

Indicate by check mark whether the company's shell status has changed since the previous reporting period:

Yes: ☐ No: ☒

Indicate by check mark whether a Change in Control1 of the company has occurred over this reporting period:

Yes: ☐

No: ☒

1 "Change in Control" shall mean any events resulting in:

1. Any "person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becoming the "beneficial owner" (as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the Company's then outstanding voting securities;
2. The consummation of the sale or disposition by the Company of all or substantially all of the Company's assets;
3. A change in the composition of the Board occurring within a two (2)-year period, as a result of which fewer than a majority of the directors are directors immediately prior to such change; or
4. The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its parent outstanding immediately after such merger or consolidation.

OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v3.1 June 24, 2021)	Page 1 of 23

In answering this item, provide the current name of the issuer any names used by predecessor entities, along with the dates of the name changes

Discovery Minerals Ltd. (July 19, 2012 to present)

Dhanoa Minerals Ltd. (Inception, July 11, 2005 to July 19, 2012)

The state of incorporation or registration of the issuer and of each of its predecessors (if any) during the past five years; Please also include the issuer's current standing in its state of incorporation (e.g. active, default, inactive):

Current: Wyoming - Active

History: Incorporated as Dhanoa Minerals Ltd. in Nevada in July 11, 2005, name change to current name July 19, 2012, and redomiciled to Wyoming in June 2018.

Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors since inception:

NONE

List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:

NONE

The address(es) of the issuer's principal executive office:

429 W. Plumb Lane, Reno NV 89509

The address(es) of the issuer's principal place of business:

Check box if principal executive office and principal place of business are the same address: ☒

Has the issuer or any of its predecessors been in bankruptcy, receivership, or any similar proceeding in the past five years?

Yes: ☐

No: ☒

If this issuer or any of its predecessors have been the subject of such proceedings, please provide additional details in the space below: N/A

2)	Security Information
Trading symbol:	DSCR
Exact title and class of securities outstanding:	Common Shares
CUSIP:		25470V109
Par or stated value:	$0.0001
Total shares authorized:	10,000,000,000 as of date: 9/30/2021
Total shares outstanding:	7,437,913,081 as of date: 9/30/2021
Number of shares in the Public Float2:	1,540,871,578 as of date: 9/30/2021
Total number of shareholders of record:	57	as of date: 9/30/2021

2 "Public Float" shall mean the total number of unrestricted shares not held directly or indirectly by an officer, director, any person who is the beneficial owner of more than 10 percent of the total shares outstanding (a "control person"), or any affiliates thereof, or any immediate family members of officers, directors and control persons.

OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v3.1 June 24, 2021)	Page 2 of 23

All additional class(es) of publicly traded securities (if any):

Trading symbol:	DSCR
Exact title and class of securities outstanding:	Preferred
CUSIP:		N/A
Par or stated value:	$0.001
Total shares authorized:	3,000,000	as of date: 9/30/2021
Total shares outstanding:	232,752	as of date: 9/30/2021
Transfer Agent
Name:	Pacific Stock Transfer Company
Address: 6725 Via Austin Pkwy, Suite 300 Las Vegas, NV 89119
Phone:	[phone]
Email:	[e-mail]
Is the Transfer Agent registered under the Exchange Act?3	Yes: ☒	No: ☐

1. Issuance History

The goal of this section is to provide disclosure with respect to each event that resulted in any direct changes to the total shares outstanding of any class of the issuer's securities in the past two completed fiscal years and any subsequent interim period.

Disclosure under this item shall include, in chronological order, all offerings and issuances of securities, including debt convertible into equity securities, whether private or public, and all shares, or any other securities or options to acquire such securities, issued for services. Using the tabular format below, please describe these events.

A. Changes to the Number of Outstanding Shares

Check this box to indicate there were no changes to the number of outstanding shares within the past two completed fiscal years and any subsequent periods: ☐

Number of	Opening Balance:
Shares		*Right-click the rows below and select "Insert" to add rows as needed.
outstanding as of	Common: 5,906,913,081
September 30,	Preferred: 232,752
2019
Date of	Transaction	Number of	Class of	Value of	Were The	Individual/	Reason for	Restricted or	Exemption
					shares		share
Transaction	type (e.g.	Shares Issued	Securities	shares	issued at a	Entity Shares	issuance (e.g.	Unrestricted	or
					discount to		for	as
	new	(or cancelled)		issued	market price	were issued to	cash or debt	of this filing?	Registration
	issuance,			($/per	at the time	(entities must	conversion)		Type?
			of issuance ?
						OR
	cancellation			share) at	(Yes/	have individual	Nature of
			No)
	, shares			Issuance	with voting /	Services
	returned to					investment	Provided (if
	treasury)					control	applicable)
						disclosed).

3 To be included in the Pink Current Information tier, the transfer agent must be registered under the Exchange Act.

OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v3.1 June 24, 2021)	Page 3 of 23

07/08/2020	New	100,000,000	Common	$0.000	Yes	Girvan	Director	Restricted	None
	Issuance			2		Jackso	Service
						n	s
07/08/2020	New	25,000,000	Common	$0.000	Yes	William	Director	Restricted	None
	Issuance			2		McNere	Service
				ny
						s
1/1/2021	New	568,000,000	Common	$0.001	yes	ARFS	Note	Unrestrict	4(a)1
	Issuance					Trading	Conver	ed
					LLC
						sion
						(Osman
						Yasar is
						control
						person)
4/5/2021	New	50,000,000	Common	$0.000	yes	Alt 5 Sigma	Consulting	Restricted	None
(Brian Scott is	Services
	Issuance			1		the control
				person)
4/15/2021	New	8,000,000	Common	$0001	yes	David	Note	Restricted	None
	Issuance					Stanton	Conver
							sion
5/27/2021	New	20,000,000	Common	$0.000	yes	David	Note	Restricted	None
	Issuance			1		Sinclair	Conver
							sion
5/27/2021	New	60,000,000	Common	$0.000	yes	Craig	Note	Restricted	None
	Issuance			1		Jackson	Conver
							sion
8/2/2021	New	100,000,000	Common	$0.000	yes	Waterberg	Consulting	Restricted	None
Ltd of
	Issuance			1		Services
				Lancashire,
						UK (David
						Stanton is
						the control
						person)
8/26/2021	New	600,000,000	Common	$0.000	yes	Russell	Note	Restricted	None
	Issuance			1		Smith	Conversion
Shares	Ending Balance:
Outstanding on
September	Common: 7,437,913,081
Preferred: 232,752
30, 2021:

Example: A company with a fiscal year end of December 31st, in addressing this item for its quarter ended September 30, 2021, would include any events that resulted in changes to any class of its outstanding shares from the period beginning on January 1, 2019 through September 30, 2021 pursuant to the tabular format above.

Use the space below to provide any additional details, including footnotes to the table above:

N/A

OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v3.1 June 24, 2021)	Page 4 of 23

B. Debt Securities, Including Promissory and Convertible Notes

Use the chart and additional space below to list and describe all outstanding promissory notes, convertible notes, convertible debentures, or any other debt instruments that may be converted into a class of the issuer's equity securities.

Check this box if there are no outstanding promissory, convertible notes or debt arrangements: ☐

Date of	Outstanding	Principal	Interest	Maturity	Conversion Terms (e.g. pricing	Name of	Reason for
Note	Balance ($)	Amount at	Accrued	Date	mechanism for determining	Noteholder	Issuance (e.g.
Issuance		Issuance	($)		conversion of instrument to	(entities must	Loan, Services,
		($)			shares)	have individual	etc.)
						with voting /
						investment
						control
						disclosed).
03/22/2021	$43,200	$43,200	$0	3/22/2022	Converts at $0.001	Edwin Winfield	Loan
03/22/2021	$64,800	$64,800	$0	3/22/2022	Converts at $0.001	BHP Capital (Bryan	Loan
						Pantofel-control
						person)
04/14/2021	$35,000	$35,000	$0	04/14/2022	Converts at $0.001	Edwin Winfield	Loan
06/11/2021	$55,000	$55,000	$0	06/11/2021	Converts at $0.001	Alt 5 Sigma (Brian	Loan
						Scott is control
						person)

Use the space below to provide any additional details, including footnotes to the table above:

N/A

1. Financial Statements

A. The following financial statements were prepared in accordance with:

1. ☒ U.S. GAAP ☐ IFRS

2. The financial statements for this reporting period were prepared by (name of individual)4:

Name:	Michael Handelman
Title:	CPA (inactive)
Relationship to Issuer:	Consultant

Provide the financial statements described below for the most recent fiscal year or quarter. For the initial disclosure statement (qualifying for Pink Current Information for the first time) please provide reports for the two previous fiscal years and any subsequent interim periods.

1. Balance Sheet;

4 The financial statements requested pursuant to this item must be prepared in accordance with US GAAP or IFRS by persons with sufficient financial skills.

OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v3.1 June 24, 2021)	Page 5 of 23