An anonymous director reports

CHAMPION BEAR ENGAGES PROFESSIONAL PROJECT MANAGER AND TECHNICAL EVALUATOR TO PROVIDE CORPORATE ADVISORY SERVICES AND GRANTS SHARE OPTIONS

Champion Bear Resources Ltd. has entered into a corporate advisory services agreement with Dr. Owen J. Hatton, a seasoned professional boasting over 24 years of international expertise in nickel-copper-platinum-group-metals, copper-gold porphyry, IOCG (iron oxide copper-gold), shear-hosted gold exploration. Dr. Hatton's career spans pivotal roles at OZ Minerals, Teck Exploration, BHP Billiton and AMEC, underscoring his wealth of experience in project management, technical evaluation and business development at senior levels across diverse geological terrains.

Dr. Hatton's invaluable background in Cu-Ni/Cu-PGM and Au projects will provide unparallelled geological and technical support as the company continues to advance its well-positioned exploration projects within Ontario, Canada.

Dr. Hatton's involvement under this agreement encompasses:

• Offering strategic counsel to the board on potential transactions related to the Eagle Rock Cu-Ni-PGM project in Ontario;
• Identifying and fostering connections for potential new projects as they arise;
• Providing geological guidance and services upon request.

The company extends a warm welcome to Dr. Hatton, eagerly anticipating his instrumental contributions to the advancement of its exploration endeavours across Ontario.

As part of Dr. Hatton's compensation, the company has granted him an option to acquire 500,000 common shares of the company. The company has also granted Richard Kantor, the company's chairman and president, an option to acquire 1.11 million common shares and Mike Sweeny, a director of the company, an option to acquire 350,000 common shares. These options were granted at an exercise price of 15 cents per share until Dec. 13, 2028. The options granted to Dr. Hatton vest immediately, and the other options vest as to one-third thereof on each of the first, second and third year anniversaries of the date of the grant.

Dr. Hatton is not engaged to provide any investor relations activities, as such term is defined in the policies of the TSX Venture Exchange.

About Champion Bear Resources Ltd.

Champion Bear is a mineral exploration company focused exclusively on the historically prospective regions of Ontario. The company's primary targets are platinum group metals, precious metals and polymetallic base-metal deposits. Champion Bear's aim is to create shareholder value through selective property acquisition followed by focused exploration emphasizing drilling. The company has assembled a large land position in the Dryden and Sudbury areas, totalling over 16,000 hectares.

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