Grizzly Issues Shares FOR Services

Suite 363, 9768 170th Street NW, 

Edmonton, Alberta, Canada, T5T5L4 

Tel: 780‐693‐2242   

TSXV: GZD 

OTCQB: GZDIF 

Frankfurt: G6H 

January 4, 2019 

GRIZZLY ISSUES SHARES FOR SERVICES

EDMONTON, ALBERTA – January 4, 2019 -- Grizzly Discoveries Inc. (TSX-V: GZD;

OTCQB: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") has issued the remaining

shares payable to an unrelated third party in accordance with a shares for services agreement

announced by the Company on February 23, 2017.

The Company issued the final payment of an aggregate 431,138 co mmon shares in reliance upon

available prospectus exemptions. The shares are subject to rest rictions on trading until May 5,

2019 in accordance with the policies of the TSX Venture Exchange.

On behalf of the Board,

GRIZZLY DISCOVERIES INC.

Brian Testo

CEO, President

Tel: (780) 693-2242

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

Nancy Massicotte, Investor Relations or Ian Lambert

IR PRO COMMUNICATIONS INC. COO, Grizzly Discoveries Inc.

Tel: 604-507-3377 T e l : 416-840-9843

T o l l F r e e : 1 - 8 6 6 - 5 0 3 - 3 3 7 7 E m ail: [email protected]

Email: [email protected]

www.irprocommunications.com

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

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