Champion Bear Grants Share Options

Champion Bear Grants Share Options

Calgary, Alberta--(Newsfile Corp. - February 23, 2021) - Champion Bear Resources Ltd.

(TSXV: CBA)

("

Champion Bear

" or the "

Company

") has granted options to acquire an aggregate of 300,000

common shares of Champion Bear to directors of the Company (at an exercise price of $0.20 per share

until February 23, 2026).

The options vest as to one-third thereof on each of the six, 12 and 18 month anniversaries of the date of

the grant.

For further information, please contact: Richard D. Kantor, Chairman and President of Champion Bear

Resources Ltd. at Phone: (403) 229-9522 or Fax: (403) 229-9518.

Champion Bear's website is

www.championbear.com

.

No regulatory authority has approved or disapproved the information contained in this news release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/75288