Grizzly Discoveries Inc (GZD)

Grizzly Completes Private PlacementJune 19, 2026 4:29 PM
NewsfileEdmonton, Alberta--(Newsfile Corp. - June 19, 2026) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) ("Grizzly" or the "Company") announces that, between June 16 and June 19, 2026, it closed on a private placement originally announced on May 13, 2026 (the "Offering") by the issuance of 4,525,292 Units, 562,500 FT Units, and 110,000 CMFT Units for gross proceeds of $349,044.Each Unit, priced at $0.065 per Unit, consisted of one common share of the Company ("Common Share") and one Common Share purchase warrant entitling the warrant holder to purchase an additional Common Share for $0.12 and expiring on the earlier of a) 30 days following written notice by the Company to the warrant holder that the volume-weighted average trading price of the Common Shares on the TSX Venture Exchange is at or greater than CA$0.18 per Common Share for 10 consecutive trading days; and (b) 36 months (3 years) from the date of issuance ("Warrant"). Each FT Unit, priced at $0.08 per FT Unit, consisted of one Common Share and one half of one Warrant, each issued as a "flow through share" for the purposes of the Income Tax Act (Canada). Each CMFT Unit, priced at $0.09 per CMFT Unit, consisted of one Common Share and one half of one Warrant, each issued as a "flow through share" for the purposes of the Income Tax Act (Canada).The Offering was offered to qualified subscribers in the Provinces of Alberta, British Columbia and Ontario and in other jurisdictions as the Company in its discretion determined, in reliance upon exemptions from the registration and prospectus requirements of applicable securities legislation. The Offering is now closed.The Company intends to use the proceeds of the sale of the Units for mineral property acquisition, exploration, and general working capital; the proceeds from the sale of FT Units for mineral property exploration, and the proceeds from the sale of the CMFT Units for mineral property exploration specifically targeting Critical Minerals (as defined in the Income Tax Act (Canada))In connection with the sale of 600,000 Units, the Company paid a cash finders fee of $2,340 and issued 36,000 Finder Warrants (with each Finder Warrant having the same terms as the Warrants included in the Units) to Canaccord Genuity Corp. In connection with the sale of 437,500 FT Units and 110,000 CMFT units, the Company paid a cash finders fee of $2,694 and issued 32,850 Finder Warrants to Raymond James Limited. In connection with the sale of 384,000 Units, the Company paid a cash finders fee of $1,498 and issued 23,040 Finder Warrants to Leede Financial Inc. In connection with the sale of 315,000 Units, the Company paid a cash finders fee of $1,229 and issued 18,900 Finder Warrants to Haywood Securities Inc. Following closing of the Offering, the Company has 232,838,034 common shares issued and outstanding. The Common Shares and any Common Shares issued on exercise of the Warrants and Finder Warrants are subject to restrictions on trading for four months from the date of issuance, expiring on dates ranging from October 17, 2026 to October 20, 2026. The Offering is subject to final 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 focused on developing its approximately 72,700 ha (approximately 180,000 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, PresidentSuite 363-9768 170 Street NW
Edmonton, Alberta T5T 5L4
Email : info@grizzlydiscoveries.com For further information, please visit our website at www.grizzlydiscoveries.com or contact:Nancy Massicotte
Corporate Development
Tel: 604-507-3377
Email: nancy@grizzlydiscoveries.comNeither 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.Caution concerning forward-looking informationThis 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.sedarplus.ca. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICATo view the source version of this press release, please visit https://www.newsfilecorp.com/release/302252 Original: Grizzly Completes Private Placement

Grizzly Provides Geophysical Program Updates to Define Precious and Critical Minerals Targets at Its Greenwood Projects, BC CanadaMay 25, 2026 9:00 AM
NewsfileEdmonton, Alberta--(Newsfile Corp. - May 25, 2026) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) ("Grizzly" or the "Company") is pleased to announce that it has recently received results from the Phase 2 Induced Polarization (IP) Survey at the Sappho Target area by Peter Walcott & Associates and the Company has commenced a Phase 1 IP survey at the Greyhound – Motherlode area near the town of Greenwood. In addition, the Company has received the results of early 2026 sampling at the Greenwood, BC Precious and Critical Minerals Project from APEX Geoscience Ltd. (APEX). The collection of a total of 63 rock grab and sand (tailings) samples has resulted in the discovery of one new metal occurrence at the Motherlode Northeast (NE) area, along with a number of excellent copper (Cu) – gold (Au) results from some old workings outside of but along the east side of the Motherlode Pit, the Sunset Pit area, the Greyhound Pit area and at the Sappho Prospect. The targets are all part of the Greenwood, BC Precious and Critical Minerals Project (Figure 1). The focus of the 2026 program will be additional Induced Polarization (IP) surveys at the Sappho and Motherlode areas, along with trenching and drilling at Midway, targeting the historical Midway Mine. The initial drill program at the Sappho Skarn Target area has been completed with a total of 1,485 m in 7 holes. The core is being logged and sampled and results will be provided as they are received. Additional Phase 2 drilling is also planned for the Sappho area to test the recently discovered and new IP chargeability anomaly to the southeast of the main skarn area. Additional prospecting, mapping and reconnaissance sampling will be conducted across the entire project area throughout 2026. IP and Sampling 2026 HighlightsPhase 2 Sappho IP results extend the IP Chargeability Anomaly up to 500 m south and 1 km east and is open in both directions (Figures 2 and 3). The core of the IP Chargeability Anomaly ranges from 30 mV/V up to 85 mV/V in intensity, and in many instances is coincident with a strong resistivity anomaly or in some cases a weak conductivity anomaly (Figures 2 and 3).A total of 63 rock grab samples were collected in January – February from the Motherlode-Greyhound area, the Motherlode and Phoenix historical tailings areas, from the Sappho skarn target area and the Rock Creek area (Figures 2 and 3).A new showing, Motherlode Northeast, has been discovered approximately 780 m northeast of the Motherlode pit and recent grab samples have returned up to 5.12 grams per tonne (g/t) Au, 66.7 g/t silver (Ag) and 0.528% Cu (Figures 2 and 3; Table 1).A number of samples with anomalous Cu and Au were collected from a series of workings along the east side of the Motherlode pit, that have been uncovered with recent logging of the Motherlode area, including four rock grab samples returning a range of 0.709% Cu up to 1.8% Cu and 1.37 g/t Au up to 3.61 g/t Au (Figures 2 and 3; Table 1).Two rock grab samples collected from a rubble pile previously unsampled at the southeast corner of the Sunset Pit have returned 1.505% Cu and 1.71% Cu along with 2.42 g/t Au and 3.1 g/t Au, and 17.8 and 29.9 g/t Ag (Figures 2 and 3; Table 1).Grab samples from fine sand and silt at the Motherlode Tailings area and one of the Phoenix Tailings areas has returned up to 0.145% Cu and 0.416 g/t Au from the Motherlode Tailings material and up to 0.16% Cu and 0.831 g/t Au from the Phoenix Tailings material (Figures 2 and 3; Table 1).A rock grab sample collected from the Sappho Skarn Target returned 4.77% Cu, 0.018% cobalt (Co) and 12.3 g/t Ag (Figures 2 and 3; Table 1).Brian Testo, President and CEO of Grizzly Discoveries, stated, "The results from the geophysical programs at our Sappho target, Midway and Motherlode area, continue to define the most prospective areas and the potential for new precious metals and critical mineral discoveries. The IP survey has outlined an extensive porphyry type anomaly at Sappho and we are excited to receive drilling results from the Sappho Target. We look forward to additional trenching and drilling at Midway along with additional exploration for significant precious metals and critical minerals prospects across our entire 170,000+ acre land holdings in the Greenwood District!"Figure 1: Land position and targets discussed in this News Release, Greenwood Project.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/298716_49c115b414496a5f_002full.jpgFigure 2. Greenwood East IP Survey Results and Au Results from 2026 Rock Grab Samples. To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/298716_49c115b414496a5f_003full.jpgFigure 3. Greenwood East IP Survey Results and Cu Results from 2026 Rock Grab Samples. To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/298716_49c115b414496a5f_004full.jpgTable 1. Summary Highlights Rock Grab Samples Early 2026 Exploration.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/298716_grizzlytableone.jpgPlans for Summer and Fall 2026 Exploration at GreenwoodTrenching, rock and soil sampling along with drilling at the Midway Target area is being planned for summer and fall 2026. The IP surveys are continuing at Motherlode and there are extension lines being planned for Sappho to try and close out the large chargeability anomaly that has been identified in the 2026 surveys to date (Figures 2 and 3). The amount of drilling will depend upon the financing efforts and weather. Additional results, including the results of the recently completed Phase 1 Sappho Skarn Target drilling will be forthcoming over the next coming months as work progresses and will be presented in additional news releases.Quality Assurance and ControlRock, soil samples and core are being analyzed at ALS Global Laboratories (Geochemistry Division) in Vancouver, Canada (an ISO/IEC 17025:2017 accredited facility). Gold was assayed using a fire assay with atomic emission spectrometry and gravimetric finish when required (+10 g/t Au). Rock grab and rock chip samples from outcrop/bedrock are selective by nature and may not be representative of the mineralization hosted on the project.The sampling program was undertaken by Company personnel under the direction of Michael B. Dufresne, M.Sc., P.Geol., P.Geo.. A secure chain of custody is maintained in transporting and storing of all samples.The technical content of this news release and the Company's technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., P.Geo., who is a non-independent Consultant and Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.ABOUT GRIZZLY DISCOVERIES INC.Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange focused on developing its approximately 72,700 ha (approximately 180,000 acres) of precious and critical minerals 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, PresidentSuite 363-9768 170 Street NW
Edmonton, Alberta T5T 5L4
Email : info@grizzlydiscoveries.com For further information, please visit our website at www.grizzlydiscoveries.com or contact:Nancy Massicotte
Corporate Development
Tel: 604-315-1455
Email: nancy@grizzlydiscoveries.comNeither 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.Caution concerning forward-looking informationThis 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.sedarplus.ca. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298716 Original: Grizzly Provides Geophysical Program Updates to Define Precious and Critical Minerals Targets at Its Greenwood Projects, BC Canada

Grizzly Announces Private PlacementMay 13, 2026 9:00 AM
NewsfileEdmonton, Alberta--(Newsfile Corp. - May 13, 2026) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) ("Grizzly" or the "Company") is pleased to announce a private placement offering of Units, FT Units, and CMFT Units for gross proceeds of up to $1.08 Million if fully subscribed. Private Placement OfferingThe Offering consists of up to 12,307,693 Units and up to 3,076,924 of any combination of Units, FT Units and CMFT Units. Each Unit, priced at $0.065 per Unit, shall consist of one common share of the Company ("Common Share") and one Common Share purchase warrant entitling the warrant holder to purchase an additional Common Share for $0.12 and expiring on the earlier of a) 30 days following written notice by the Company to the warrant holder that the volume-weighted average trading price of the Common Shares on the TSX Venture Exchange is at or greater than CA$0.18 per Common Share for 10 consecutive trading days; and (b) 36 months (3 years) from the date of issuance ("Unit Warrant"). Each FT Unit, priced at $0.08 per FT Unit, shall consist of one Common Share and one half of one Common Share purchase warrant ("FT Unit Warrant"), each of which shall be issued as a "flow through share" for the purposes of the Income Tax Act (Canada). Each whole FT Unit Warrant shall entitle the holder to purchase an additional Common Share for $0.12 and expiring on the earlier of a) 30 days following written notice by the Company to the warrant holder that the volume-weighted average trading price of the Common Shares on the TSX Venture Exchange is at or greater than CA$0.18 per Common Share for 10 consecutive trading days; and (b) 36 months (3 years) from the date of issuance.Each CMFT Unit, priced at $0.09 per CMFT Unit, shall consist of one Common Share and one half of one Common Share purchase warrant ("CMFT Unit Warrant"), each of which shall be issued as a "flow through share" for the purposes of the Income Tax Act (Canada). Each whole CMFT Unit Warrant shall entitle the holder to purchase an additional Common Share for $0.12 and expiring on the earlier of a) 30 days following written notice by the Company to the warrant holder that the volume-weighted average trading price of the Common Shares on the TSX Venture Exchange is at or greater than CA$0.18 per Common Share for 10 consecutive trading days; and (b) 36 months (3 years) from the date of issuance.The Offering is being offered to qualified subscribers in the Provinces of Alberta, British Columbia and Ontario and in other jurisdictions as the Company may in its discretion determine, in reliance upon exemptions from the registration and prospectus requirements of applicable securities legislation.The Company intends to use the proceeds of the sales of the Units for general working capital, mineral rights acquisition, any proceeds from the FT Units for exploration of the Company's mineral properties, and any proceeds from the CMFT Units for the exploration of the Company's mineral properties specifically targeting critical minerals (as defined by the Income Tax Act (Canada)). The maximum gross proceeds of the Offering range from $1,000,000 to $1,076,923 depending on the combination of unit types sold. There is no minimum to the Offering. In connection with the Offering, the Company may pay finders fees payable in any combination of cash, and Warrants to registered broker dealers, limited market dealers or arm's length persons in accordance with the policies of the TSX Venture Exchange (the "Exchange") and applicable securities legislation and regulations. The Common Shares and any Common Shares issued on exercise of the Warrants are subject to restrictions on trading until four months and one day from the date of issuance in accordance with the policies of the Exchange.The Offering is subject to 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 focused on developing its approximately 72,700 ha (approximately 180,000 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, PresidentSuite 363-9768 170 Street NW
Edmonton, Alberta T5T 5L4For further information, please visit our website at www.grizzlydiscoveries.com or contact:Nancy Massicotte
Corporate Development
Tel: 604-315-1455
Email: nancy@grizzlydiscoveries.comNeither 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.Caution concerning forward-looking informationThis 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.sedarplus.ca. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICATo view the source version of this press release, please visit https://www.newsfilecorp.com/release/297236 Original: Grizzly Announces Private Placement

Grizzly Mobilizes Drilling and IP Crew to the Sappho Critical Minerals Target Greenwood, British ColumbiaApril 28, 2026 2:32 PM
NewsfileEdmonton, Alberta--(Newsfile Corp. - April 28, 2026) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) ("Grizzly" or the "Company") is pleased to announce that a crew from Full Force Drilling Ltd. ("Full Force") of Peachland BC, has arrived in Greenwood and has commenced drilling critical minerals skarn targets co-incident with a high conductivity anomaly at the Sappho area. Grizzly intersected skarn along with porphyry type alteration and anomalous copper- silver - gold - platinum group elements (Cu-Ag-Au-PGEs) in three of four 2010 core holes. Historical 2010 drilling by the Company yielded up to 0.31% Cu, 0.75 g/t Au, 0.34 g/t Pt, 0.39 g/t Pd and 6.57 g/t Ag over 6.5 m core length in skarn at Sappho (in hole 10SP03). These and other higher grade zones are associated with high Cu and are contained within wider anomalous intervals including a 63.5 m core length zone logged as a pyroxene - sulphide skarn with a grade approaching 0.7% copper equivalent derived from current metal prices for Cu, Au, Ag, Pt and Pd.In addition to drilling, Peter E. Walcott and Associates (PEWA) of Coquitlam, BC has mobilized to Greenwood to continue a Induced Polarization (IP) surface geophysics program that was commenced in early 2026 to follow up excellent prior results from both surface sampling and historical drilling at the Sappho Critical Minerals Target (Figure 1). A significant chargeability anomaly was identified (See February 26th, 2026 Company News Release) and will be followed up with an extension to the Phase 1 survey. Induced Polarization surveys will also be conducted at the Greyhound-Motherlode area over the coming weeks in the search for additional skarn and porphyry targets (Figure 2).Sappho Prior Work HighlightsThe Geological Setting is the East Fault Contact of the Toroda Graben with numerous pyroxenite-monzonite-diorite (older) and younger QFP-diorite (Tertiary) intrusions into intermediate-mafic volcanics along with a complex magnetic feature at the Sappho Crown Grant (CG) area (Figure 1).The East and West Faults of the Toroda Graben likely played a role in controlling the Au-Ag mineralization for the Buckhorn Skarn and Mine to the southwest and the Cu-Au-Ag mineralization for the Motherlode/Greyhound skarns to the north (Figure 2). Skarn and porphyry style alteration and mineralization along with Cu-PGE's-Au-Ag are observed in outcrop and drill core along with a complex magnetic signature in the Main Sappho CG area.Five (5) new sulphide showings were discovered during 2022 field work, with 4 of the 5 showings yielding rock grab samples with >1% Cu up to as high as 7.25% Cu (Figure 1 and see Grizzly news release dated November 3rd, 2022).A total of 17 rock grab samples returned values >1% Cu up to 9.06% Cu, many also with anomalous Au, Ag, platinum (Pt) and palladium (Pd).A total of 11 samples have yielded >500 parts per billion (ppb) Pt and Pd up to 4.64 grams per tonne (g/t) Pt and up to 2.28 g/t Pd.The Sappho area is being targeted for copper-gold skarn and porphyry type targets associated with a Jurassic alkalic intrusive complex and several younger diorite intrusions (Figure 1). A total of five new showings of copper oxide mineralization were found during the 2022 program (Figure 1). Previous surface sampling and drilling by Grizzly has yielded significant anomalous copper, gold, silver along with platinum and palladium. Numerous historical and new rock grab samples have yielded greater than 1% Cu, 1 g/t Au, 1 g/t Ag, 1 g/t Pt and 1 g/t Pd (Figure 1). Historical 2010 drilling by the Company (4 core holes) yielded up to 0.31% Cu, 0.75 g/t Au, 0.34 g/t Pt, 0.39 g/t Pd and 6.57 g/t Ag over 6.5 m core length in skarn at Sappho (in hole 10SP03), including a 1 m core length intersections of 3.82 g/t Au and 199 g/t Ag, and in a separate sample 1.83 g/t Pt and 2.09 g/t Pd across 1 m - these results all are associated with >1% Cu in those samples. These higher grade zones were contained within a 63.5 m core length zone logged as a pyroxene - sulphide skarn with a grade approaching 0.7% copper equivalent derived from current metal prices for Cu, Au, Ag, Pt and Pd. Drillhole 10SP03 targeted a magnetic anomaly and had no indications of surface mineralization at the time of drilling. One of the new 2022 showings has been found proximal to drillhole 10SP03 and the targeted magnetic anomaly.Figure 1: Sappho Rock Sampling Summary 2026 and Planned IP and Drillhole Locations.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/294700_37228caf24b48b18_002full.jpgBrian "Griz" Testo, President & CEO of Grizzly Discoveries, states, "Geophysics has also outlined multiple new targets across the Sappho Project. I am looking forward to seeing what additional IP might show us and I look forward to identifying some new skarn and porphyry discoveries with drilling."The Company is continuing with surface exploration in the Greenwood area. Crews from APEX Geoscience Ltd. completed soil and rock sampling in August, 2025 through to February, 2026 and the exploration work is ongoing. Work including prospecting, rock and soil sampling has been conducted at targets in the Rock Creek area, the Midway area, the Copper Mountain area, the Overlander-Attwood area and the Sappho area to date (Figure 2). Additional groundwork including ground geophysical surveys are being planned and will comprise IP, magnetics and Loupe electromagnetics (EM) for the Sappho, the Midway and Motherlode areas (Figure 2).Figure 2: Exploration Targets 2026.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/294700_37228caf24b48b18_003full.jpgABOUT GRIZZLY DISCOVERIES INC.Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange focused on developing its approximately 66,000 ha (approximately 165,000 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. QUALIFIED PERSON STATEMENTThe technical content of this news release and the Company's technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., P.Geo., who is a non-independent Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.On behalf of the Board,GRIZZLY DISCOVERIES INC.
Brian Testo, CEO, PresidentSuite 363-9768 170 Street NW
Edmonton, Alberta T5T 5L4For further information, please visit our website at www.grizzlydiscoveries.com or contact:Nancy Massicotte
Corporate Development
Tel: 604-507-3377
Email: nancy@grizzlydiscoveries.comNeither 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.Caution concerning forward-looking informationThis 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.sedarplus.ca. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294700
Original: Grizzly Mobilizes Drilling and IP Crew to the Sappho Critical Minerals Target Greenwood, British Columbia

Grizzly Sampling and Fieldwork Results in Three New Gold-Copper-Silver Discoveries at the Greenwood, BC Critical Minerals and Precious Metals ProjectApril 20, 2026 9:00 AM
NewsfileEdmonton, Alberta--(Newsfile Corp. - April 20, 2026) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) ("Grizzly" or the "Company") is pleased to announce that it has recently received results from 2025 sampling at the Greenwood, BC Critical Minerals and Precious Metals Project from APEX Geoscience Ltd. (APEX). The collection of a total of 218 rock samples has resulted in the discovery of three new metal occurrences at the Keno area, the Old No. 7 Minesite area and at Myers Creek. Additional sampling at two other target areas that are slated for future drilling, Midway and Imperial, have confirmed grades of prior work and provided additional information on the continuity of mineralization. The targets are all part of the Greenwood Critical Minerals and Precious Metals Project in British Columbia (Figure 1). The focus of the 2026 program will be additional Induced Polarization (IP) surveys at the Sappho and Motherlode areas, along with trenching and drilling at Midway, targeting the historical Midway Mine. The initial 2026 drilling is planned for the Sappho area to expand the copper-silver-gold-platinum group element (Cu-Ag-Au-PGE) skarn intersections in previous drilling and to test a new IP chargeability anomaly (See Company news release dated February 26, 2026). Additional prospecting, mapping and reconnaissance sampling will be conducted across the entire project area throughout 2026. Sampling 2025 HighlightsThree new Au-Cu-Ag discoveries at the Keno area, the Old No 7. Mine area and at Myers Creek area (Figure 1). Additional 2025 sampling at the historical Midway and Imperial mines continues to return outstanding results, and reinforces that both targets warrant drilling.At the Old No 7 Mine area, an area with a number of old workings, a total of 22 rock grab samples returned up 11.2 grams per tonne (g/t) Au (0.327 ounces per ton - opt), 252 g/t (7.35 opt) Ag, 699 parts per million (ppm) Cu, 8,810 ppm lead (Pb), 1,980 ppm zinc (Zn) and 298 ppm antimony (Sb). A total of 8 of the 22 grab samples returned > 1 g/t Au (0.029 opt) and 6 of the 22 samples returned > 50 g/t Ag (1.46 opt) (Table 1).At the Keno area (headwaters of Skeff Creek), part of the Mt Attwood - Overlander core block (Figure 1), a total of 5 rock grab samples retuned up to 4.48 g/t Au (0.131 opt), 425 g/t Ag (12.4 opt), 1,105 ppm Cu, 530 ppm molybdenum (Mo), 2.96% Pb, 695 ppm Zn and 751 ppm Sb from a new showing (Table 1). The Keno area has a number of historical workings with quartz veins and skarn in Attwood or Knob Hill sedimentary rocks. The samples were collected from malachite stained sedimentary outcrops.A total of 18 reconnaissance rock grab samples collected over a large area in the Myers Creek area south of Rock Creek has returned 2 samples with 1.11 g/t and 2.78 g/t Au along with anomalous copper from the historical Myers Creek showing area (Table 1). The samples were collected from sheared and gossanous Anarchist sedimentary rocks. The location of the samples is only 11 km northeast of the Buckhorn Mine in Washington State (Figure 1).At the Midway area, new sampling including selective rock grab and composite chip samples from outcrop and trenches have yielded up to 17.95 g/t (0.524 opt) Au, 2,780 g/t (81.1 opt) Ag, 917 ppm Cu, 2.65% Pb, 3.5% Zn and 1,580 ppm Sb at the Midway Mine; up to 0.44 g/t (0.013 opt) Au, 24.9 g/t (0.726 opt) Ag and 1.94% Cu at the Texas Bruce Lois historical workings; and up to 1.35 g/t (0.039 opt) Au, 8.7 g/t (0.254 opt) Ag, 1,180 ppm chromium (Cr), 2,220 ppm nickel (Ni) and 185 ppm Sb from the Picturestone trenches (Table 1). Prior sampling in the Midway Mine historical pit yielded a range of 12.05 g/t (0.351 opt) Au up to 70.8 g/t (2.07 opt) Au (See Company news release dated October17, 2022). New chip sampling from the Midway Mine trench has yielded 4.43 g/t (0.129 opt) Au, 478 g/t (13.9 opt) Ag, 2,540 ppm Pb, 987 ppm Zn and 215 ppm Sb across 6 m in a composite across the trench (Figure 2). The Midway area is being targeted for Cu-Au skarn and epithermal Au-Ag-Cu-Pb-Zn-Sb polymetallic deposits (Figure 2). All highly anomalous samples are from outcrop and characterized by the presence of abundant pyrite, arsenopyrite with visible galena and sphalerite in a siliceous chalcedonic host. The mineralization is hosted in polymetallic veins that display the presence of Pb, Zn, Cu, arsenic (As) and Sb and are likely epithermal in nature.A selective rock grab sample from outcrop 200 m west of the main Midway Mine yielded 15.85 g/t Au (0.462 oz/t Au) and 1,530 g/T Ag (44.6 oz/t Ag), illustrating that there is potential for additional high-grade mineralization in the area (Figure 2). At the historical Imperial Mine, new sampling including selective rock grab and composite chip samples from outcrop and trenches have yielded up to 13.9 g/t (0.405 opt) Au, 4,210 g/t (122.8 opt) Ag, 950 ppm Cu, 3.51% Pb, 3.35% Zn and 1,905 ppm Sb in rock grab samples and 1.43 g/t (0.042 opt) Au, 224 g/t (6.53 opt) Ag, 155 ppm Cu, 0.3% Pb, 0.83% Zn, and 77 ppm Sb across 4 m in composite chip samples.At the Imperial historical mine, samples are characterized by the presence of abundant and visible pyrite, galena and sphalerite in quartz veins and/or pods of silicified metavolcanic or metasedimentary rocks (Greenstones). The mineralization can be described as polymetallic veins and altered wall rock with anomalous Ag-Au-Pb-Zn and minor Cu. Granodiorite and diorite intrusions have been noted nearby. High levels of chromium and nickel reflect the presence of altered ultramafic rocks with serpentine-carbonate alteration commonly identified as listwanite.Brian Testo, President and CEO of Grizzly Discoveries, stated, "We are excited and are looking forward to pursuing a number of critical minerals targets along with high grade gold - silver - copper - lead - zinc showings and historical mines with drilling commencing soon in 2026 along with additional exploration for significant battery metal prospects in our current 170,000+ acre land holdings in the Greenwood District. We have barely scratched the surface in terms of exploration!"Figure 1: Land position and targets of interest for future exploration, Greenwood Project.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/293337_ad03bbbcf4256a43_002full.jpgFigure 2. Midway geology and showings with gold in soils and rocks. To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/293337_ad03bbbcf4256a43_003full.jpgTable1. Summary Highlights Rock Samples 2025 Exploration.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/293337_grizzlytbl14202026.jpgPlans for 2026 Exploration at Greenwood:To build on the early 2026 work, including IP at the Sappho area and rock sampling in the Greenwood area, further IP surveys and drilling are funded and being planned to commence at the Sappho area by the end of April. Additional IP work and sampling are planned for the Greyhound and Motherlode area and will be completed in May, 2026.Trenching, rock and soil sampling along with drilling are planned for the historical Midway Mine area for later in 2026. Property wide rock and soil sampling will commence in the coming weeks and continue throughout the year and across the Property.Additional results should be forthcoming over the next coming months as work progresses and will be presented in additional news releases.Quality Assurance and ControlRock and soil samples are being analyzed at ALS Global Laboratories (Geochemistry Division) in Vancouver, Canada (an ISO/IEC 17025:2017 accredited facility). Gold was assayed using a fire assay with atomic emission spectrometry and gravimetric finish when required (+10 g/t Au). Rock grab and rock chip samples from outcrop/bedrock are selective by nature and may not be representative of the mineralization hosted on the project.The sampling program was undertaken by Company personnel under the direction of Michael B. Dufresne, M.Sc., P.Geol., P.Geo.. A secure chain of custody is maintained in transporting and storing of all samples.The technical content of this news release and the Company's technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., P.Geo., who is a non-independent Consultant and Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.Grant of OptionsThe Board of Directors of Grizzly have authorized the issuance of an aggregate 7,500,000 stock options to Officers, Directors, and Consultants of Grizzly with an exercise price of $0.06 and expiring on April 16, 2031 or earlier in accordance with the Company's Stock Option Plan. 6,000,000 of the options authorized for issuance will be issued to insiders of Grizzly. All of the options will vest immediately upon issuance. The grant of stock options and the exercise price of the stock options granted are 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 focused on developing its approximately 72,700 ha (approximately 180,000 acres) of critical mineral and precious 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, PresidentSuite 363-9768 170 Street NW
Edmonton, Alberta T5T 5L4For further information, please visit our website at www.grizzlydiscoveries.com or contact:Nancy Massicotte
Corporate Development
Tel: 604-507-3377
Email: nancy@grizzlydiscoveries.comNeither 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.Caution concerning forward-looking informationThis 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.sedarplus.ca. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/293337
Original: Grizzly Sampling and Fieldwork Results in Three New Gold-Copper-Silver Discoveries at the Greenwood, BC Critical Minerals and Precious Metals Project

Grizzly Closes Final Tranche of Private PlacementMarch 31, 2026 4:15 PM
NewsfileEdmonton, Alberta--(Newsfile Corp. - March 31, 2026) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) ("Grizzly" or the "Company") announces that, on March 31, 2026, it closed on the sale of an additional 5,714,286 FT Units, at $0.035 per FT Unit, for gross proceeds of $200,000 as a second and final tranche of a non-brokered private placement originally announced on February 27, 2026 (the "Offering"). In total, the Company has sold a total of 19,144,286 FT Units and 2,030,000 Units at a price of $0.035 per FT Unit or Unit for aggregate gross proceeds of $741,100 in the Offering.Each Unit consisted of one common share of the Company ("Common Share") and one Common Share purchase warrant entitling the warrant holder to purchase an additional Common Share for $0.055 and expiring on the earlier of a) 30 days following written notice by the Company to the warrant holder that the volume-weighted average trading price of the Common Shares on the TSX Venture Exchange is at or greater than CA$0.10 per Common Share for 10 consecutive trading days; and (b) 60 months (5 years) from the date of issuance ("Unit Warrant"). Each FT Unit consisted of one Common Share and one half of one Common Share purchase warrant ("FT Unit Warrant"), each of which were issued as a "flow through share" for the purposes of the Income Tax Act (Canada). Each whole FT Unit Warrant entitles the holder to purchase an additional Common Share for $0.055 and expiring on the earlier of a) 30 days following written notice by the Company to the warrant holder that the volume-weighted average trading price of the Common Shares on the TSX Venture Exchange is at or greater than CA$0.10 per Common Share for 10 consecutive trading days; and (b) 36 months (3 years) from the date of issuance.The Offering was offered to qualified subscribers in reliance upon exemptions from the registration and prospectus requirements of applicable securities legislation.In connection with the sale of an aggregate 600,000 Units and 19,144,286 FT Units, the Company paid cash finder's fees of $41,463 and issued 1,184,657 non-transferable finder's warrants, with equivalent terms to the FT Unit Warrants ("Finder Warrants") as follows:FinderFinder WarrantsCash Finder FeeVentum Financial Corp.36,000$1,260Hampton Securities Inc.60,000$2,100GloRes Securities Inc.685,800$24,003Raymond James Limited60,000$2,100PB Markets Inc.342,857$12,000 Following closing, the Company has 227,640,242 common shares issued and outstanding. The Common Shares and any Common Shares issued on exercise of the Unit Warrants, FT Unit Warrants, and Finder Warrants are subject to restrictions on trading until dates raging from July 18, 2026 to August 1, 2026. The Offering is subject to final acceptance of the TSX Venture Exchange.The Corporation intends to use the proceeds of the Offering as follows:Mineral Property Exploration
$ 670,050Mineral Rights and Exploration Permits
29,600Working capitalCash finders fees
41,450



Gross proceeds

$ 741,100 ABOUT GRIZZLY DISCOVERIES INC.Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange focused on developing its approximately 72,700 ha (approximately 180,000 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, PresidentSuite 363-9768 170 Street NW
Edmonton, Alberta T5T 5L4
Email : info@grizzlydiscoveries.com For further information, please visit our website at www.grizzlydiscoveries.com or contact:Nancy Massicotte
Corporate Development
Tel: 604-507-3377
Email: nancy@grizzlydiscoveries.comNeither 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.Caution concerning forward-looking informationThis 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.sedarplus.ca. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.NOT FOR DISSEMINATION IN THE UNITED STATES
OR FOR DISTRIBUTION TO U.S. WIRE SERVICESTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/290745
Original: Grizzly Closes Final Tranche of Private Placement

Grizzly Closes 1st Tranche of Private PlacementMarch 17, 2026 4:52 PM
NewsfileEdmonton, Alberta--(Newsfile Corp. - March 17, 2026) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) ("Grizzly" or the "Company") announces that, on March 17, 2026, it closed on the sale of 2,030,000 Units and 13,430,000 FT Units, at $0.035 per Unit and FT Unit, for gross proceeds of $541,100 as an initial tranche of a non-brokered private placement originally announced on February 27, 2026 (the "Offering").The Offering consists of up to 7,142,856 Units and up to 21,428,574 of any combination of Units and FT Units. Each Unit consists of one common share of the Company ("Common Share") and one Common Share purchase warrant entitling the warrant holder to purchase an additional Common Share for $0.055 and expiring on the earlier of a) 30 days following written notice by the Company to the warrant holder that the volume-weighted average trading price of the Common Shares on the TSX Venture Exchange is at or greater than CA$0.10 per Common Share for 10 consecutive trading days; and (b) 60 months (5 years) from the date of issuance ("Unit Warrant"). Each FT Unit consists of one Common Share and one half of one Common Share purchase warrant ("FT Unit Warrant"), each of which shall be issued as a "flow through share" for the purposes of the Income Tax Act (Canada). Each whole FT Unit Warrant shall entitle the holder to purchase an additional Common Share for $0.055 and expiring on the earlier of a) 30 days following written notice by the Company to the warrant holder that the volume-weighted average trading price of the Common Shares on the TSX Venture Exchange is at or greater than CA$0.10 per Common Share for 10 consecutive trading days; and (b) 36 months (3 years) from the date of issuance.The Offering remains open, with up to 5,112,856 Units and up to 7,998,574 of any combination of Units and FT Units, pursuant to closing of this first tranche. The Units and the FT Units are being offered at $0.035 per Unit or FT Unit. The Offering is being offered to qualified subscribers in the Provinces of Alberta, British Columbia and Ontario and in other jurisdictions as the Company may in its discretion determine, in reliance upon exemptions from the registration and prospectus requirements of applicable securities legislation.In connection with the sale of an aggregate 2,030,000 Units and 12,430,000 FT Units, the Company paid cash finder's fees of $29,463 and issued 841,800 non-transferable finder's warrants, with equivalent terms to the FT Unit Warrants ("Finder Warrants") as follows:FinderFinder WarrantsCash Finder FeeVentum Financial Corp.36,000$1,260Hampton Securities Inc.60,000$2,100GloRes Securities Inc.685,800$24,003Raymond James Limited60,000$2,100 Following closing, the Company has 221,925,956 common shares issued and outstanding. The Common Shares and any Common Shares issued on exercise of the Unit Warrants, FT Unit Warrants, and Finder Warrants are subject to restrictions on trading until July 18, 2026. The Offering is subject to final 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 focused on developing its approximately 72,700 ha (approximately 180,000 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, PresidentSuite 363-9768 170 Street NW
Edmonton, Alberta T5T 5L4
Email: info@grizzlydiscoveries.com For further information, please visit our website at www.grizzlydiscoveries.com or contact:Nancy Massicotte
Corporate Development
Tel: 604-507-3377
Email: nancy@grizzlydiscoveries.comNeither 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.Caution concerning forward-looking informationThis 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.sedarplus.ca. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.NOT FOR DISSEMINATION IN THE UNITED STATES
OR FOR DISTRIBUTION TO U.S. WIRE SERVICESTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/288885
Original: Grizzly Closes 1st Tranche of Private Placement

Grizzly Announces Private PlacementFebruary 27, 2026 9:00 AM
NewsfileEdmonton, Alberta--(Newsfile Corp. - February 27, 2026) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) ("Grizzly" or the "Company") is pleased to announce a private placement offering of Units and FT Units for gross proceeds of up to $1 Million if fully subscribed. Private Placement OfferingThe Offering consists of up to 7,142,856 Units and up to 21,428,574 of any combination of Units and FT Units. Each Unit shall consist of one common share of the Company ("Common Share") and one Common Share purchase warrant entitling the warrant holder to purchase an additional Common Share for $0.055 and expiring on the earlier of a) 30 days following written notice by the Company to the warrant holder that the volume-weighted average trading price of the Common Shares on the TSX Venture Exchange is at or greater than CA$0.10 per Common Share for 10 consecutive trading days; and (b) 60 months (5 years) from the date of issuance ("Unit Warrant"). Each FT Unit shall consist of one Common Share and one half of one Common Share purchase warrant ("FT Unit Warrant"), each of which shall be issued as a "flow through share" for the purposes of the Income Tax Act (Canada). Each whole FT Unit Warrant shall entitle the holder to purchase an additional Common Share for $0.055 and expiring on the earlier of a) 30 days following written notice by the Company to the warrant holder that the volume-weighted average trading price of the Common Shares on the TSX Venture Exchange is at or greater than CA$0.10 per Common Share for 10 consecutive trading days; and (b) 36 months (3 years) from the date of issuance.The Units and the FT Units are being offered at $0.035 per Unit or FT Unit. The Offering is being offered to qualified subscribers in the Provinces of Alberta, British Columbia and Ontario and in other jurisdictions as the Company may in its discretion determine, in reliance upon exemptions from the registration and prospectus requirements of applicable securities legislation.The Company intends to use the proceeds of the Offering, if fully subscribed with the maximum of 21,428,574 FT Units and 7,142,856 Units, as follows:Mineral Property Exploration
$  750,000Mineral Rights and Exploration Permits
50,000



Working capitalOutstanding management fees to Officers
12,000



Corporate Overhead Management fees to Officers$  48,000
(Est to July 31 2026)Other Corporate Overhead 140,000 188,000



Maximum proceeds

$  1,000,000 There is no minimum to the Offering. If the Company closes on less than the maximum proceeds, or if the proportion of Units and FT Units differs from the above, the use of proceeds will be adjusted.In connection with the Offering, the Company may pay finders fees payable in any combination of cash, Units, and Warrants to registered broker dealers, limited market dealers or arm's length persons in accordance with the policies of the TSX Venture Exchange (the "Exchange") and applicable securities legislation and regulations. The Common Shares and any Common Shares issued on exercise of the Warrants are subject to restrictions on trading until four months and one day from the date of issuance in accordance with the policies of the Exchange.The Offering is subject to 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 focused on developing its approximately 72,700 ha (approximately 180,000 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, PresidentSuite 363-9768 170 Street NW
Edmonton, Alberta T5T 5L4For further information, please visit our website at www.grizzlydiscoveries.com or contact:Nancy Massicotte
Corporate Development
Tel: 604-315-1455
Email: nancy@grizzlydiscoveries.comNeither 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.Caution concerning forward-looking informationThis 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.NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICESTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/285581
Original: Grizzly Announces Private Placement

Grizzly Announces Significant Conductivity and Chargeability Anomalies Detected from Recent IP Survey at Sappho Critical Minerals Target, Greenwood, British ColumbiaFebruary 26, 2026 5:17 PM
NewsfileEdmonton, Alberta--(Newsfile Corp. - February 26, 2026) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) ("Grizzly" or the "Company") is pleased to announce that preliminary results have been received from Peter E. Walcott and Associates from an Induced Polarization (IP) program conducted in February 2026 to follow up excellent prior results from both surface sampling and historical drilling at the Sappho Critical Minerals Target (Figure 1). In light of the current escalating metal prices for critical minerals/metals including copper (Cu), platinum (Pt), palladium (Pd), gold (Au) and silver (Ag), the Sappho Skarn/Porphyry Target warrants follow-up exploration including drilling. A total of four lines of IP for 4.5 line-kms were completed. Further IP work is being planned prior to the commencement of drilling. Due to current weather conditions and the desire to complete more IP, the fully funded drilling of 4 to 6 drillholes and about 1,500 to 2,000 m at Sappho is slated to commence approximately early to mid-April.HighlightsThe IP survey has yielded a significant near surface conductivity anomaly on Lines 9600 and 9700 North coincident with Main Showings and the Skarn intersected in drilling in holes 10SP02 and 10SP03 in 2010 (Figures 2 and 3).Follow-up drilling (fully funded) is planned to test the conductive zone this April.The IP Survey has detected a new significant deeper chargeability anomaly on the southeast part of the grid - likely up against one of the Main Sappho faults (Figures 4 to 6). The chargeability anomaly is not closed off and is on the order of 20 to 30 millivolts per volt and is consistent with a number of porphyry targets that have yielded new discoveries in BC recently.Five (5) new sulphide showings were discovered during 2022 field work, with 4 of the 5 showings yielding rock grab samples with >1% copper (Cu) up to as high as 7.25% Cu (Figure 1 and see Grizzly news release dated November 3rd, 2022).A total of 17 rock grab samples returned values >1% Cu up to 9.06% Cu, many also with anomalous gold (Au), silver (Ag), platinum (Pt) and palladium (Pd).A total of 11 samples have yielded >500 parts per billion (ppb) Pt and Pd up to 4.64 grams per tonne (g/t) Pt and up to 2.28 g/t Pd.The Geological Setting is the East Fault Contact of the Toroda Graben with numerous pyroxenite-monzonite-diorite (older) and younger QFP-diorite (Tertiary) intrusions into intermediate-mafic volcanics along with a complex magnetic feature at the Sappho CG area (Figure 1).The East and West Faults of the Toroda Graben likely played a role in controlling the Au-Ag mineralization for the Buckhorn Skarn and Mine to the southwest and the Cu-Au-Ag mineralization for the Motherlode/Greyhound skarns to the north (Figure 2). Skarn and porphyry style alteration and mineralization along with Cu-PGE's-Au-Ag are observed in outcrop and drill core along with a complex magnetic signature in the Main Sappho CG area.The Sappho area is being targeted for copper-gold skarn and porphyry type targets associated with a Jurassic alkalic intrusive complex and several younger diorite intrusions (Figure 1). A total of five new showings of copper oxide mineralization were found during the 2022 program (Figure 1). Previous surface sampling and drilling by Grizzly has yielded significant anomalous copper, gold, silver along with platinum and palladium. Numerous historical and new rock grab samples have yielded greater than 1% Cu, 1 g/t Au, 1 g/t Ag, 1 g/t Pt and 1 g/t Pd (Figure 1). Historical 2010 drilling by the Company (4 core holes) yielded up to 0.31% Cu, 0.75 g/t Au, 0.34 g/t Pt, 0.39 g/t Pd and 6.57 g/t Ag over 6.5 m core length in skarn at Sappho (in hole 10SP03), including a 1 m core length intersections of 3.82 g/t Au and 199 g/t Ag, and in a separate sample 1.83 g/t Pt and 2.09 g/t Pd across 1 m - these results all are associated with >1% Cu in those samples. These higher grade zones were contained within a 63.5 m core length zone logged as a pyroxene - sulphide skarn with a grade approaching 0.7% copper equivalent derived from current metal prices for Cu, Au, Ag, Pt and Pd. Drillhole 10SP03 targeted a magnetic anomaly and had no indications of surface mineralization at the time of drilling. One of the new 2022 showings has been found proximal to drillhole 10SP03 and the targeted magnetic anomaly.Figure 1: Sappho Rock Sampling Summary 2026 and Planned IP and Drillhole Locations.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/285545_0a04322da4d288e2_002full.jpgBrian "Griz" Testo, President & CEO of Grizzly Discoveries, states: "Anomalous ground magnetics and now IP has outlined multiple new targets across the Sappho Project. I am excited to see what the next phase of IP work and drilling might show us - Grizzly will continue to refine these targets to the drill ready stage for drilling in the next couple of months and I look forward to identifying some new discoveries."Figure 2: Sappho IP Results Showing Conductivity Anomaly Lines 9600 and 9700.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/285545_0a04322da4d288e2_003full.jpgFigure 3: Sappho IP Results Showing Modelled Conductivity Anomaly on Line 9600.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/285545_0a04322da4d288e2_004full.jpgFigure 4: Sappho IP Results Showing Chargeability Anomaly Lines 9400 and 9500.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/285545_0a04322da4d288e2_005full.jpgFigure 5: Sappho IP Results Showing the Modelled Chargeability Anomaly on Line 9500.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/285545_0a04322da4d288e2_006full.jpgFigure 6: Sappho 3D IP Model Showing Chargeability Anomaly on Lines 9400 and 9500.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/285545_0a04322da4d288e2_007full.jpgThe Company is continuing with surface exploration in the Greenwood area. Crews from APEX Geoscience Ltd. completed rock sampling in August through to November and again in January. The exploration work is ongoing and includes prospecting and rock sampling at targets in the Rock Creek area, the Midway area, the Copper Mountain area, the Overlander-Attwood area and the Sappho (Figure 7). Additional groundwork including ground geophysical surveys are being planned and will comprise IP, magnetics and Loupe electromagnetics (EM) for the Sappho, the Midway and Motherlode areas (Figure 7). Rock sampling results (>220 samples) from the 2025 fieldwork are pending and will be released as they are received.Figure 7: Exploration Targets 2026.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/285545_0a04322da4d288e2_008full.jpg ABOUT GRIZZLY DISCOVERIES INC.Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange focused on developing its approximately 72,700 ha (approximately 180,000 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. QUALIFIED PERSON STATEMENTThe technical content of this news release and the Company's technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., P.Geo., who is a non-independent Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.On behalf of the Board,GRIZZLY DISCOVERIES INC.
Brian Testo, CEO, PresidentSuite 363-9768 170 Street NW
Edmonton, Alberta T5T 5L4For further information, please visit our website at www.grizzlydiscoveries.com or contact:Nancy Massicotte
Corporate Development
Tel: 604-507-3377
Email: nancy@grizzlydiscoveries.comNeither 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.Caution concerning forward-looking informationThis 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.sedarplus.ca. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285545
Original: Grizzly Announces Significant Conductivity and Chargeability Anomalies Detected from Recent IP Survey at Sappho Critical Minerals Target, Greenwood, British Columbia

Had one of my friends who knows minerals well, recommend this GZD stock.

Latest PR looks great, Doing my own DD, but Jan 2012 could get interesting.

Grizzly Completes 2nd Potash Test Well near Medicine Hat, Alberta

Press Release: Grizzly Discoveries Inc. – Wed, Dec 14, 2011 1:54 PM ESTShare0EmailPrintCompanies:GRIZZLY DISCOVERIESGrizzly Discoveries, Inc.RELATED QUOTESSymbol Price Change
G6H.F 0.414 +0.04

EDMONTON, ALBERTA--(Marketwire -12/14/11)- Grizzly Discoveries Inc. (TSX-V: GZD.V - News) (OTCQX: GZDIF.PK - News) (Frankfurt: G6H.F - News) ("Grizzly" or the "Company") is pleased to provide the following update on continuing exploration activities at its Alberta Potash Project and its Greenwood Gold Project. Brian Testo, President of Grizzly, stated that "we are extremely excited about intersecting visible potash minerals in our first potash test well on our 100% owned Alberta Potash Project and are eagerly anticipating laboratory assay results expected in January to confirm this. We are also very excited about the new discovery of low grade bulk tonnage style gold-copper mineralization intersected at two targets at the Dayton area and the potential to expand and improve upon previously identified mineralization".

Current Exploration Status - Alberta Potash Project

A drill rig was mobilized on November 28 to well site 8-36-19-1W4 in southeast Alberta to complete a potash test well on the South Block of the Company's 100% owned Alberta Potash Project near Medicine Hat, Alberta. The test well was completed and the drill rig was released on December 12, 2011. Coring commenced at 1,642 metres ("m") below surface and visible potash minerals were observed in the drill core for the interval between 1,650.1 m and 1,655.7 m below surface. The core has been sent to Norwest Corporation ("Norwest") in Calgary, Alberta for secure storage until such time as the core can be logged, sampled and sent for geochemical analysis. The Company anticipates that the drill core will be logged, dry sawed and sampled by personnel from APEX Geoscience Ltd. ("APEX") in conjunction with Norwest over the next several weeks. The split core samples will be forwarded to the Saskatchewan Research Council ("SRC") in Saskatoon, Saskatchewan for full geochemical analysis. Geochemical results are expected to be released in the latter half of January, 2012.

In 1980, historic oil well DEML MEDHAT 6-36-19-1W4, located 800 m west of the current well location, yielded a gamma log spike of approximately 218 API units at a depth of approximately 1,662 m below surface for a calculated maximum potash grade of approximately 22% K2O.

Dayton Gold-Copper Discovery - Greenwood Gold Project

The Company has received and released results for the first two holes, 11DA09 and 11DA10 (see the Company's news release dated December 6, 2011) at the Dayton target area, which resulted in the discovery of new low grade bulk tonnage style gold-copper mineralization in the area. The Company is awaiting assay results for the remaining four holes, which are expected over the next two weeks. The results for drill holes 11DA11 to 11DA14 are expected to be reported in January, 2012. All samples are being analyzed for gold by standard fire assay and for trace metals by multi-acid digestion ICP at ALS Chemex, Vancouver, BC.

Current Drilling - Greenwood Gold Project

A drill is currently at the Motherlode area to complete a 6 hole exploration program testing gold-in-soil anomalies spatially associated with electromagnetic ("EM") targets before Christmas. After completion of the Motherlode drill program, the drill will be moved to one or more targets at the Overlander and/or the Ket 28 areas to test gold-in-soil anomalies and/or EM targets. The Company expects to re-commence drilling at the Overlander and Ket 28 target areas along with a number of other targets early in 2012. Assay results are anticipated to arrive for the Motherlode drilling and be released in the latter half of January 2012.

All 2011 and 2012 field and office exploration programs are conducted under the supervision of Mr. Michael Dufresne, M.Sc., P.Geol., a principal of APEX Geoscience Ltd. and a Qualified Person under National Instrument 43-101.

About Grizzly Discoveries Inc.

Grizzly trades on the TSX Venture Exchange under the symbol GZD, on the OTCQX exchange under the symbol GZDIF, and the Frankfurt Exchange under the symbol G6H, with 48,350,268 common shares issued and outstanding.

Grizzly is an aggressive and diversified Canadian mineral exploration company exploring for: potash in Alberta; world class gold and base metal deposits in British Columbia; and diamonds in Alberta. Grizzly holds, or has an interest in, metallic and industrial mineral permits for potash totaling more than 2.4 million acres along the Alberta-Saskatchewan border. Grizzly currently has four precious-base metal properties in British Columbia totaling over 235,000 acres. Grizzly also currently holds more than 600,000 acres in diamond properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

(780) 693-2242

Caution concerning forward-looking information

THESE GUYS HAVE NO NEW NEWS.

REAL

April 11, 2008 - 2:09 PM EDT EDMONTON, ALBERTA--(Marketwire - April 11, 2008) - Grizzly Diamonds Ltd. (TSX VENTURE:GZD) (FRANKFURT:G6H) (the "Corporation") today announced that it has closed a non-brokered private placement offering ("Offering") of an aggregate of 971,000 units ("Units") at a price of $1.00 per Unit, for gross proceeds of $971,000. Each Unit consisted of one common share of the Corporation ("Common Share") and one-half of a non-transferable share purchase warrant ("Warrant") and each whole Warrant entitles the holder to acquire one additional Common Share at a price of $1.25 until April 11, 2010. Insiders of the Corporation purchased an aggregate of 25,000 Units.

In connection with the Offering, the Corporation paid Pope & Company Limited the sum of $56,220 together with non-transferable compensation warrants ("Compensation Warrants") to acquire up to 66,220 Common Shares (equal to 7% of the Units sold to non-Insiders) at a price of $1.00 per Common Share until April 11 2010. The Corporation also paid Advice Portfolio Management GmbH the sum of $10,000. The cash commissions paid by the Corporation was equal to 7% of the gross proceeds from the sale of Units to non-Insiders.

The Units were sold to qualified purchasers in reliance upon exemptions from the prospectus and registration requirements of applicable securities legislation. The securities comprising the Units, the Compensation Warrants together with any Common Shares issued pursuant to the exercise of the Warrants and Compensation Warrants will be subject to a restricted period expiring on August 12, 2008.

Grizzly Diamonds is an aggressive Canadian exploration company focused on exploring for diamonds in Alberta and precious metals in North America. It currently holds diamond properties in the Buffalo Head Hills, Birch Mountains and Pelican Mountain areas of Alberta totaling over three million acres which host prospective geophysical targets and associated diamond indicator minerals. In British Columbia, the Company has five precious metal properties totaling over 35,000 acres.

All 2008 field programs are being conducted under the supervision of Michael Dufresne, P. Geol., a principal of APEX Geoscience Ltd. and a Qualified Person under NI 43-101.

On behalf of the Board

Grizzly Diamonds Ltd.

Brian Testo, President

This news release contains forward-looking statements regarding ongoing and upcoming exploration work and expected geology, geological formations and structures. Actual results may differ materially from those anticipated in these statements.


FOR FURTHER INFORMATION PLEASE CONTACT:

Grizzly Diamonds Ltd.
Brian Testo
President
(780) 693-2365 or (780) 425-BEAR (2327)

Website: www.grizzlydiamonds.com



AGORACOM Investor Relations
Email: GZD@Agoracom.com




Website: www.agoracom.com/IR/Grizzly

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.




Source: CCN Matthews (April 11, 2008 - 2:09 PM EDT)

News by QuoteMedia
www.quotemedia.com

the volume is weak at best.

real

not much going on with this one at all

real

let them enjoy the moment.. i don't see the stock doing a thing. Got to go.. need to find another puter... I am in the middle of moving

real

let them enjoy the moment.. i don't see the stock doing a thing. Got to go.. need to find another puter... I am in the middle of moving

real

could he be anymore obvious? some of the posts are identical. They both deserve the BOOT

lol

jimsgym = poster44ny

June 4, 2007 - 1:41 PM EDT EDMONTON, ALBERTA--(CCNMatthews - June 4, 2007) - Grizzly Diamonds Ltd. (TSX VENTURE:GZD)(FRANKFURT:G6H) ("Grizzly") today is pleased to provide the following exploration update for a number of its 100% owned Alberta Diamond Properties in the Buffalo Head Hills and the Birch Mountains of Northern Alberta.

Grizzly today is pleased to announce that DeBeers Canada has completed processing the Legend Kimberlite mini-bulk sample at its Grande Prairie Dense Media Separation (DMS). The DMS used a 0.5mm cut-off. The program was delayed due to an equipment breakdown during processing. The concentrates have been shipped to the Saskatchewan Research Council, Saskatoon, where the concentrate will be fused using standard caustic fusion procedures and then picked for diamonds. Grizzly expects to have final diamond results in hand by mid to late June. The 10.2 tonne sample was split into 3 sub-samples based on mineralogical and textural differences within the kimberlite drill core which may represent geochemically different implacement pulses or kimberlite phases. The DMS concentrates for the 3 sub-samples weighed 20.3kg, 31.9kg and 32.45kg respectively. As well, 3 drill core samples weighing 43.1kg, 83.2kg and 42.05kg were submitted for caustic fusion and will be picked for micro-diamonds. These 3 samples represent check samples to confirm historic micro-diamond results reported by Kennecott Canada as part of Grizzly's ongoing regimented QA/QC program.

Grizzly's high resolution fixed-wing airborne magnetic (HRAM) survey s in the Buffalo Head Hills area has now been completed. The 25,000 line-km HRAM survey was commissioned in February with physical flying commencing in early March. The delivery of final data is expected sometime in late June.

Grizzly Diamonds is an aggressive Canadian exploration company focused on exploring for diamonds in Alberta and precious metals in North America. It currently holds diamond properties in the Buffalo Head Hills, Birch Mountains and Pelican Mountain areas of Alberta totaling over three million acres which host prospective geophysical targets and associated diamond indicator minerals. In British Columbia, the Corporation has four precious metal properties totaling over 23,000 acres.

All 2007 field programs are being conducted under the supervision of Michael Dufresne, P.Geol., a principal of APEX Geoscience Ltd. and a Qualified Person under NI 43-101.

On behalf of the Board

Grizzly Diamonds Ltd.

Brian Testo, President

This news release contains forward-looking statements regarding ongoing and upcoming exploration work and expected geology, geological formations and structures. Actual results may differ materially from those anticipated in these statements.


FOR FURTHER INFORMATION PLEASE CONTACT:

Grizzly Diamonds Ltd.
Brian Testo

(780) 693-2242 or (780) 425-BEAR(2327)


Website: www.grizzlydiamonds.com


AGORACOM Investor Relations
Investor Relations



Email: GZD@Agoracom.com
Website: www.agoracom.com/IR/Grizzly

May 1, 2007 - 9:41 AM EDT

close Email this News Article
Your Name
Your Email
Friend's Name
Friend's Email
Receive Copy: yes

GZD:CA 1.14 -0.01

Today 5d 1m 3m 1y 5y 10y



EDMONTON, ALBERTA--(CCNMatthews - May 1, 2007) - Grizzly Diamonds Ltd. (TSX VENTURE:GZD)(FRANKFURT:G6H) ("Grizzly") today is pleased to provide the following exploration update for a number of its 100% owned Alberta Diamond Properties in the Buffalo Head Hills and the Birch Mountains of Northern Alberta, its joint ventured Call of the Wild Diamond Property in the Pelican Mountains area, north-central Alberta and the Peak precious-base metal property in north-central British Columbia.

Grizzly today is pleased to announce that it has signed a contract with DeBeers Canada to process the Legend Kimberlite mini-bulk sample at its Grande Prairie Dense Media Separation (DMS) processing facility from May 10 to 12th, 2007. Once the Legend Kimberlite sample is processed, the concentrate will be shipped to the Saskatchewan Research Council, Saskatoon, where the concentrate will be fused using standard caustic fusion procedures and then picked for diamonds. Grizzly expects to have final diamond results in hand by the end of May or early June.

Grizzly is pleased to provide an update on its high resolution fixed-wing airborne magnetic (HRAM) survey in progress in the Buffalo Head Hills area. The 25,000 line-km HRAM survey was commissioned in February with physical flying commencing in early March. The survey was expected to be completed by the end of March, however extreme winds and poor weather have delayed completion of the survey and moved the expected completion date to mid May with the delivery of final data sometime in June.

Grizzly and partner Stornoway Diamond Corporation (TSX:SWY) ("Stornoway") have completed a 25,000 line-km airborne magnetic survey at Grizzly's 100% owned Call of the Wild Diamond Property in the Pelican Mountains area, north-central Alberta. Under the terms of the agreement, Stornoway has earned it's initial 51% interest in the property by flying the entire property with an airborne fixed wing magnetic survey and collecting a number of diamond indicator samples. In total, 47 priority anomalies exist within the property for follow-up exploration. Stornoway plans to check all the priority anomalies this spring and will plan follow-up exploration based on the results of the anomaly checks.

Grizzly is currently planning its summer exploration program for the Peak precious-base metal property in north-central British Columbia. Ground geophysical surveys, including time domain electromagnetics are being planned along with geological mapping and sampling to be commenced in June. A drilling contractor has been secured for August in order to follow-up the 2006 drilling program with further drilling as well as the testing of a number of the airborne electromagnetic targets identified during May, 2006.

Grizzly Diamonds is an aggressive Canadian exploration company focused on exploring for diamonds in Alberta and precious metals in North America. It currently holds diamond properties in the Buffalo Head Hills, Birch Mountains and Pelican Mountain areas of Alberta totaling over three million acres which host kimberlites, prospective geophysical targets and associated diamond indicator minerals. In British Columbia, the Corporation has four precious metal properties totaling over 23,000 acres.

All 2007 field programs are being conducted under the supervision of Michael Dufresne, P.Geol., a principal of APEX Geoscience Ltd. and a Qualified Person under NI 43-101.

On behalf of the Board

Grizzly Diamonds Ltd.

Brian Testo, President

This news release contains forward-looking statements regarding ongoing and upcoming exploration work and expected geology, geological formations and structures. Actual results may differ materially from those anticipated in these statements.


FOR FURTHER INFORMATION PLEASE CONTACT:

Grizzly Diamonds Ltd.
Brian Testo

(780) 693-2242 or (780) 425-BEAR(2327)

Website: www.grizzlydiamonds.com

EDMONTON, ALBERTA--(CCNMatthews - March 27, 2007) - Grizzly Diamonds Ltd. (TSX VENTURE:GZD) (FRANKFURT:G6H) (the "Corporation") today announced that it has entered into an agreement with Com-advice AG of Baar, Switzerland for the provision of advertising and promotional services in Europe, the Middle East and Africa. Com-advice AG is at arm's length to the Corporation and specializes in research and analysis of mineral companies. Pursuant to the agreement and subject to regulatory approval, the Corporation will pay Com-advice AG a fee of C$100,000 on execution of the agreement and grant stock options to Com-advice AG pursuant to the Corporation's stock option plan to acquire an aggregate of 100,000 common shares of the Corporation ("Common Shares") at an exercise price of C$1.20 and an aggregate of 50,000 Common Shares at an exercise price of C$1.50. The term of the agreement will be until December 31, 2007 and will be automatically renewed for additional one year term unless cancelled prior to October 31, 2007.

For all future Grizzly Diamonds investor relations needs, investors are asked to visit the Grizzly Diamonds IR Hub at www.agoracom.com/IR/Grizzly where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to GZD@Agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

On behalf of the Board