SECURITIES  AND  EXCHANGE  COMMISSION

                          Washington,  D.C.  20549

                                 FORM  8-K

                              CURRENT  REPORT

                 Pursuant  to  Section  13  or  15(d)  of  the
                     Securities  Exchange  Act  of  1934

Date  of  Report  (Date  of  earliest
event  reported):  October  22,  2012

                             DISCOVERY ENERGY CORP.
                         f/k/a "Santos Resource Corp."
           (Exact name of registrant as specified in its Charter)

            Nevada                000-53520                     98-0507846
(State or other jurisdiction (Commission File Number)         (IRS Employer
      of Incorporation)                                  Identification Number)

                         One Riverway Drive, Suite 1700
                              Houston, Texas 77056
                                  713-840-6495
(Address and telephone number of principal executive offices including zip code)

                            ________________________
                 (Former address if changed since last report)

Check  the  appropriate  box  below  if  the  Form  8-K  filing  is  intended to
simultaneously  satisfy  the  filing  obligation  of Registrant under any of the
following  provisions:

     [  ]     Written  communications  pursuant to Rule 425 under the Securities
Act  (17  CFR  230.425)

     [  ]     Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17  CFR  240.14a-12)

     [ ]     Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange  Act   (17  CFR  240.14d-2(b))

     [ ]     Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange  Act  (17  CFR  240.13e-4(c))


ITEM 8.01 OTHER EVENTS.

     Discovery  Energy Corp. ("Discovery" or "the Company") today announced that
it  is  planning  to  commence an offering of up to $15 million of the Company's
securities.  The  offering,  subject to market and other conditions, is expected
to  begin  promptly,  and  will  be made pursuant to a private placement that is
exempt  from  the  registration  requirements of the Securities Act of 1933 (the
"Securities Act").   Discovery expects to use the proceeds from the offering for
general  corporate  purposes,  which  may  include,  without limitation, certain
capital  expenditures  and  the  acquisition  of  licenses.

     The  securities  have  not  been registered under the Securities Act or any
state  securities  laws,  and  may  not  be offered or sold in the United States
absent  registration  of  an  applicable  exemption  from  the  registration
requirements of the Securities Act or state securities laws.  The securities are
being  offered  only  to  accredited investors in reliance on the exemption from
registration set forth in Regulation D under the Securities Act, and outside the
United States to non-U.S. Persons in reliance on the exemption from registration
set  forth  in  Regulation  S  under  the  Securities  Act.

     This report is being issued pursuant to Rule 135c under the Securities Act,
and  is  neither  an  offer to sell nor a solicitation of an offer to buy any of
these  securities and shall not constitute an offer, solicitation or sale in any
jurisdiction  in  which  such  offer,  solicitation  or  sale  is  unlawful.

     This  report  includes  forward-looking  statements  within  the meaning of
Section  27A  of  the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. We have based these forward-looking
statements  on  our  current  expectations  and projections about future events.
These  forward-looking  statements  are  subject  to  known  and  unknown risks,
uncertainties and assumptions about us that may cause our actual results, levels
of  activity,  performance  or  achievements to be materially different from any
future  results,  levels  of  activity, performance or achievements expressed or
implied  by  such  forward-looking  statements.  In some cases, you can identify
forward-looking  statements  by  terminology  such  as "may," "should," "could,"
"would,"  "expect,"  "plan," "anticipate," "believe," "estimate," "continue," or
the  negative  of  such  terms  or other similar expressions. Factors that might
cause or contribute to such a discrepancy include, but are not limited to, those
described  in  our  Securities  and  Exchange  Commission  filings.

                                   SIGNATURES

        Pursuant  to  the  requirements  of the Securities Exchange Act of 1934,
Registrant  has  duly  caused  this  report  to  be  signed on its behalf by the
undersigned  hereunto  duly  authorized.

                                          DISCOVERY  ENERGY  CORP.,
                                          f/k/a  "Santos  Resource  Corp."
                                          (Registrant)

Date:  October  22,  2012                 By:  /s/  Keith  J.  McKenzie
                                               -----------------------------
                                               Keith  J.  McKenzie,
                                               Chief  Executive  Office