Mr. Brian Testo reports

GRIZZLY ADDS EXPERTISE TO ITS MANAGEMENT TEAM IN PREPARATION FOR WORK PROGRAMS AND RESULTS

Grizzly Discoveries Inc. has appointed Chris Beltgens, bachelor of science, master of business administration, to lead corporate development efforts as the company prepares for near-term work programs across its gold-silver project area located in southeastern British Columbia.

Mr. Beltgens has over 15 years of investment, business development and corporate finance experience. Since April, 2016, he has been the vice-president of corporate development for TAG Oil Ltd., a TSX Venture-listed international oil and gas company with operations in Australia. Mr. Beltgens previously spent six years in London working in investment banking and providing advice on mandates which included initial public offerings, secondary financings and strategic advice at both the corporate and asset levels. He is currently the chief financial officer and corporate secretary and a director of Seashore Resource Partners, a TSX-V-listed capital pool company, and was recently the chief financial officer and a director of Cortus Metals Inc., a TSX-V-listed mining company with assets in Nevada. Mr. Beltgens has completed the Chartered Financial Analyst (CFA) program, received a master of business administration from the University of Toronto and a bachelor of science degree from the University of Victoria. The board of directors has authorized the issuance of 200,000 stock options, vesting immediately, exercisable at 6.5 cents and expiring no later than five years from the date of issuance under the company's stock option plan to Mr. Beltgens. The issuance of options is subject to acceptance by the TSX-V.

Grizzly has begun fieldwork preparation in anticipation for a phase 1, over-2,000-metre drill program at its Ket 28 prospect. This includes sampling, mapping and drill collar preparation. Initial work has provided favourable indications with new zones identified through the rock samples collected from rock outcrop and sub-crop. The samples have been sent to the laboratory for analysis. Grizzly is finalizing drill collar locations at Ket 28 and is undertaking consultation with local landowners, first nations groups and government officials in relation to the phase 1 drilling program. Drilling is anticipated start near the end of September.

Historic drilling at the Ket 28 prospect, located within the Rock Creek claim group of the Greenwood project, has intersected high-grade gold with 52.19 grams per tonne (g/t) gold (Au) over 3.35 metres (m) core length. Drilling by Grizzly in 2009 and 2010 at the Ket 28 prospect followed up the historic drilling in the mid-1990s with up to 2.77 g/t Au over 11 m core length and 8.75 g/t Au over three m with a higher-grade zone of 11.90 g/t Au over two m core length.

Brian Testo, chief executive officer, commented: "We are excited to welcome Chris to the Grizzly team. Chris has considerable experience assisting companies in the resource sector to raise investor awareness and developing strategic partnerships. We are looking forward to working with Chris through this pivotal period for Grizzly with the upcoming drilling at our exciting Ket 28 high-grade gold prospect."

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company, focused on developing its over 156,000 acres of precious and base metals properties in southeastern British Columbia. Grizzly is run by highly experienced junior resource sector management team, that has a record of advancing exploration projects from early exploration stage through to feasibility stage.

The technical content of this news release and the company's technical disclosure has been reviewed and approved by Michael B. Dufresne, master of science, professional geologist, professional geoscientist, who is the qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

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