TSX-V: GBR
Vancouver, B.C., August 22, 2013 - Great Bear Resources Ltd. (the "Company") announces that further to the Company's news release of August 12, 2013 the Company has settled a total of $22,500 of debt by the issuance of a total of 121,163 common shares of the Company at a deemed price of $0.1857 per share. All shares will be subject to a statutory hold period expiring four-months and a day after the date of issuance.

For further information, please contact Mr. Chris Taylor, M.Sc., P.Geo., President at 604-681-0037.

ON BEHALF OF THE BOARD

"Chris Taylor"

Chris Taylor, President

Investor Relations:

Robert Orr

Tel: 604-681-0037

Fax: 604-681-0094

ro@greatbearresources.ca

info@greatbearresources.ca

www.greatbearresources.ca

Neither 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.

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