Discovery Energy Corp. announced unaudited consolidated earnings results for the second quarter and six months ended August 31, 2016. For the quarter, the company reported net loss of $2,920,836 compared to $94,725 a year ago. Net loss per common share - basic and diluted was $0.02 against $0.00 a year ago. For the six months, the company reported net loss of $7,526,583 compared to $186,844 a year ago. Net loss per common share - basic and diluted was $0.05 against $0.00 a year ago. Net cash used in operating activities was $2,975,948 compared to $232,118 a year ago.