Grizzly Announces Passing of COO and Director

Edmonton, Alberta--(Newsfile Corp. - June 30, 2021) - Grizzly Discoveries Inc. (TSXV: GZD) (OTCQB: GZDIF) (FSE:G6H) ("Grizzly" or the "Company") is saddened to report that Mr. Ian Lambert, COO of Grizzly, passed away on June 2, 2021 at the age of 75 after a short illness. Ian was a strong voice and advocate in the resource industry for more than 30 years, and COO and director of Grizzly since March 15, 2013.

Brian Testo, Chairman of the Board, said, "Ian was a respected and valued member of the Grizzly family, as well as a dear friend, and he will be sorely missed."

Ian provided tremendous strength and drive behind Grizzly for many years. Despite his illness and ongoing treatment, Ian tenaciously carried out his duties and attended board and management meetings diligently. His dedication, humour, and guidance will be greatly missed by the Grizzly team.

The Board of Grizzly would like to extend their sincerest condolences to Ian's wife Cathie, four children, and family at this difficult time.

Contributions to The School for Special Children, a charity dear to his heart in Mexico, or to the BC Cancer Agency can be made in his name, by visiting www.schoolforspecialchildren.org or www.bccancer.bc.ca.

ABOUT GRIZZLY DISCOVERIES INC.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange, with 93 million shares issued, focused on developing its over 156,000 acres of precious and base metals properties in southeastern British Columbia. Grizzly is run by a highly experienced junior resource sector management team, who have a track record of advancing exploration projects from early exploration stage through to feasibility stage.

On behalf of the Board,

GRIZZLY DISCOVERIES INC.

Brian Testo, CEO, President
Tel: 780 693 2242

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

Chris Beltgens
Corporate Development
Tel: 604 347 9535
Email: cbeltgens@grizzlydiscoveries.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/89124