Mr. Chris Taylor reports

GREAT BEAR AUGMENTS MANAGEMENT TEAM

Great Bear Resources Ltd. has appointed Calum Morrison to the position of vice-president, corporate development.

Mr. Morrison has over 15 years of experience in the mining industry, having worked both in corporate development and investment banking roles. Mr. Morrison has managed and led negotiations on numerous transactions with aggregate value in excess of $5-billion, including acquisitions, divestments, joint ventures and other strategic initiatives. Most recently Mr. Morrison was a senior member of Teck Resources Ltd.'s corporate development team that oversaw the origination, negotiation and execution of numerous transactions.

Mr. Morrison is a chartered financial analyst (CFA) charter holder, a chartered professional accountant (CPA, CA) and holds a bachelor of environmental science honours degree from Dalhousie university.

Chris Taylor, president and chief executive officer of Great Bear, said: "Over 80 per cent of our district-scale Dixie property has yet to be explored, and Great Bear will remain focused on building upon its track record of exploration success through 2020 and 2021. However, even at this early stage, interest in our discoveries has been very strong. We are very pleased to welcome Calum to our executive team as we are confident he will help us maximize shareholder benefit through the growth of strong relationships within our industry, as the company continues to advance the Dixie property."

The company also reports it has granted an aggregate of 125,000 stock options to an employee of the company, exercisable at $6.57 per share for a period of five years. Fifty per cent of the options vest after an initial four-month hold period, while the remaining 50 per cent vest on Nov. 18, 2020.

The board of directors has also resolved to make the warrants from the September, 2018, financing which are exercisable at $1.75 and expire on Sept. 11, 2020, transferrable. All other terms remain the same. If any of these warrant holders wish to transfer their warrants, please contact the company's corporate secretary, Jeff Dare, at jdare@corexmanagement.com.

About Great Bear Resources Ltd.

Great Bear Resources is a well-financed company based in Vancouver, Canada, managed by a team with a record of success in the mineral exploration sector. Great Bear holds a 100-per-cent interest in its flagship Dixie property, which is road accessible year-round via Highway 105, a 15-minute drive from downtown Red Lake, Ont.

We seek Safe Harbor.