Grizzly Discoveries Inc. (TSX VENTURE:GZD) (FRANKFURT:G6H) (OTCQX:GZDIF)
("Grizzly" or the "Company") is pleased to announce that Mr. Fraser Atkinson,
CA, has been appointed to the Company's Board of Directors, subject to the
approval of the TSX Venture Exchange. Mr. Atkinson brings extensive experience
to the Board.


Mr. Atkinson has been a director and officer of a number of public companies. He
is a Director and Chairman of the Board of Rara Terra Capital Corp., a capital
pool company listed on the TSX Venture Exchange, since December, 2009. He has
served as CFO of Versatile Systems Inc., a public company listed on the Toronto
Stock Exchange ("TSX") and the Alternative Investment Market on the London Stock
Exchange that provides technology services, since February, 2003 and as a
director since November, 2003. Mr. Atkinson has been a director and Chairman of
the audit committee of Equus Total Return, Inc., a closed end fund which trades
on the New York Stock Exchange, since May, 2010. In addition, Mr. Atkinson was a
director of Calyx Bio-Ventures Inc., a biotechnology company listed on the TSX,
from July, 2008 to December, 2009, and a director of Moventis Capital Inc., a
financing company trading on the Pink Sheets, from February, 2006 to November,
2008. From October, 2002 to December, 2005, he served as President of Prospex
Capital Corp., a company involved in providing financing for mining and
exploration companies. In addition, Mr. Atkinson was involved in both technology
and corporate finance as a partner at KPMG, LLP for over 14 years, until
September, 2002. Mr. Atkinson obtained a Bachelor of Commerce from the
University of British Columbia in 1980 and his designation as a Chartered
Accountant from the Institute of Chartered Accountants of British Columbia in
1982.


In connection with Mr. Atkinson's appointment, the Board of Directors has
authorized a grant of 200,000 stock options under the Company's stock option
plan with an exercise price of $0.47, vesting upon issuance (the "Options"). 


The appointment of Mr. Atkinson to the Board of Directors and the issuance of
the Options are subject to the approval of the TSX Venture Exchange.


About Grizzly Discoveries Inc. 

Grizzly is an aggressive Canadian exploration company focused on exploring for
world class gold and base metal deposits in British Columbia, and for diamonds
and potash in Alberta. In British Columbia, Grizzly currently has four
precious-base metal properties totaling over 235,000 acres. It currently holds
more than 600,000 acres in diamond properties which host diamondiferous
kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta. Grizzly
has also acquired metallic and industrial mineral permits for potash totaling
more than 2.43 million acres along the Saskatchewan-Alberta border.


Grizzly trades on the TSX Venture Exchange under the symbol GZD, with 34,254,636
Common Shares issued and outstanding.


On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President & CEO

For further information, please visit our website at
http://www.grizzlydiscoveries.com or contact Investor Relations.
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