Vancouver, BC, Canada, July 11, 2016 – Deer Horn Capital Inc. (CSE: DHC) (the “Company” or “Deer Horn”), is
pleased to announce the appointment of Mr. Allen Schwabe to its board of directors.
Mr. Schwabe has been a successful entrepreneur in the Lower Mainland region for nearly 40 years. He has also held
President and Director positions for various mining companies for the last 25 years, playing key roles in fundraising and
“I have known Al for many years and long admired his business acumen and success,” said Tyrone Docherty, President
of Deer Horn. “I believe his extensive business skills, combined with his experience in, and knowledge of, the mining
industry, will undoubtedly help Deer Horn Capital as it pursues its goal of funding and advancing the Deer Horn Project
in British Columbia. I look forward to his contributions on our Board.”
Deer Horn Capital is exploring and developing the Deer Horn Property, a rich gold and silver project with high tellurium
grades. Deer Horn, located in north-central British Columbia, has produced positive economics in a Preliminary
Economic Analysis and hosts Canada’s only NI 43-101 tellurium resource.
On behalf of the board of directors of Deer Horn Capital Inc.
President and CEO
For further information please contact:
Deer Horn Capital Inc.
(604) 789 5653
Neither the Canadian Securities Exchange nor its regulations services accepts responsibility
for the adequacy or accuracy of this release.
All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in
the future are forward-looking statements. In particular, this news release contains forward-looking information regarding the shares for debt transaction. These
forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions,
expected future developments and other factors it believes are appropriate in the circumstances. These assumptions include, but are not limited to: future costs
and expenses being based on historical costs and expenses, adjusted for inflation; and market demand for, and market acceptance of, the shares for debt
transaction. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions,
forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control. Readers should not place
undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements
after the date hereof or revise them to reflect the occurrence of future unanticipated events.