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DLC Holdings Corp. 
Listed Company 

DESMOND INVESTMENTS LTD. ("DLC")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: April 15, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:

Private Placement:

# of Warrants: 2,856,675
Original Expiry Date of Warrants: April 17, 2016
New Expiry Date of Warrants: April 17, 2018
Exercise Price of Warrants: $0.20

These warrants were issued pursuant to a private placement of 2,856,675 shares with 2,856,675 share purchase warrants attached, which was accepted for filing by the Exchange effective April 25, 2014.
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