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Canadian Exploration Company Focused on Developing Exploration Assets in British Columbia

Grizzly Discoveries Inc. (TSX-V: GZD; Frankfurt: G6H; OTCQB: GZDIF) ("Grizzly" or the "Company") is pleased to announce that it has engaged Mr. Jim Greig, MBA, of Vancouver, British Columbia as a corporate consultant.  Mr. Greig will be responsible for assisting management in operations and finance.  Brian Testo, President and CEO of Grizzly, stated “We are pleased that Jim has agreed to bring his experience and deep knowledge of the mineral exploration industry to Grizzly Discoveries.  We continue to position the company for near-term substantive exploration on our highly prospective targets at the Greenwood gold and Robocop copper-cobalt properties in Southern BC, and the addition of Jim to the Grizzly team will facilitate this process.”

Jim Greig is President and Director of Benchmark Metals Inc. and has served as CFO & Director at Crest Petroleum.  Recently, at Keegan Resources Inc. (now Asanko Gold), he was part of the mine development team advancing the 5 million ounce Esaase Gold Project.  With nearly 20 years in the resource sector, Mr. Greig brings comprehensive experience in exploration, development and mineral production.  Mr. Greig holds an MBA from the University of Calgary and a BA Geography from Carleton University.

The Company has issued 250,000 options exercisable at $0.05 and expiring no later than five years from the date of issuance under the Company’s stock option plan to Mr. Greig as partial compensation for the initial six month term of the consulting agreement. 

The issuance of stock options is subject to the acceptance of the TSX Venture Exchange.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 67 million shares issued, focused and its precious metals and Cobalt-Copper properties in southeastern British Columbia.  The Company holds, or has an interest in, over 180,000 acres of precious-base metal properties at its Greenwood Property. Additionally, Grizzly holds approximately 10,000 acres with Co-Cu-Ag mineralization at its Robocop Property, both located in southeastern British Columbia.

 

On behalf of the Board,

Grizzly Discoveries Inc.

Brian Testo

President

(780) 693-2242

 

For further information, please visit our website at www.grizzlydiscoveries.com or contact Investor Relations:

 

Nancy Massicotte

IR PRO COMMUNICATIONS INC.

Tel: 604-507-3377

Toll Free: 1-866-503-3377

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

 

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.