Ross Donald 4
4 · Discovery Gold Corp · Filed Oct 15, 2012
Insider Transaction Report
Form 4
Ross Donald
Director
Transactions
- Award
Common Stock
2012-09-29$0.10/sh+1,109,041$110,904→ 17,609,041 total - Award
Common Stock
2012-09-29$0.10/sh+285,222$28,522→ 17,894,263 total
Footnotes (2)
- [F1]On September 29, 2012, the Reporting Person was issued 1,109,041 shares of common stock of Discovery Gold Corporation (the "Company") upon conversion of a 10% unsecured convertible promissory note of $100,000, including interests accrued through September 27, 2012, at a conversion price of $0.10 per share.
- [F2]On September 29, 2012, the Reporting Person was issued 285,222 shares of common stock of the Company in exchange for the conversion of $25,000 of debt, including accrued interest through September 27, 2012 at a conversion rate of $0.10 per share.