Mr. Brian Testo reports

GRIZZLY CLARIFIES PRIVATE PLACEMENT DISCLOSURE

On Sept. 15, 2026, Grizzly Discoveries Inc. arranged a non-brokered private placement offering of units, flow-through units and critical mineral flow-through units for gross proceeds of up to $2-million if fully subscribed.

The company wishes to clarify and correct the intended use of proceeds originally included in the Sept. 15, 2026, news release.

The company intends to use the proceeds of the sales of the units for general working capital and exploration of the company's mineral properties, 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 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 hectares (approximately 180,000 acres) of precious and base metal properties in southeastern British Columbia. Grizzly is run by a highly experienced junior resource sector management team, which has a record of advancing exploration projects from early exploration stage through to feasibility stage.

We seek Safe Harbor.