Grizzly Provides Update on Activity at Its Greenwood Property
Grizzly Provides Update on Activity at Its Greenwood
Property
Edmonton, Alberta--(Newsfile Corp. - November 8, 2019) -
Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB:
GZDIF) ("Grizzly" or the "Company")
is pleased to announce that it has engaged Mr. Jim Greig, MBA, of Vancouver, British
Columbia as a corporate consultant.
Mr. Greig will be responsible for assisting management in operations and finance.
Brian
Testo, President and CEO of Grizzly, stated, "We are pleased that Jim has agreed to bring his experience and deep knowledge
of the mineral exploration industry to Grizzly Discoveries.
We continue to position the company for near-term substantive
exploration on our highly prospective targets at the Greenwood gold and Robocop copper-cobalt properties in Southern BC, and
the addition of Jim to the Grizzly team will facilitate this process."
Jim Greig is President and Director of Benchmark Metals Inc. and has served as CFO & Director at Crest Petroleum.
Recently,
at Keegan Resources Inc. (now Asanko Gold), he was part of the mine development team advancing the 5 million ounce Esaase
Gold Project.
With nearly 20 years in the resource sector, Mr. Greig brings comprehensive experience in exploration,
development and mineral production.
Mr. Greig holds an MBA from the University of Calgary and a BA Geography from Carleton
University.
The Company has issued 250,000 options exercisable at $0.05 and expiring no later than five years from the date of issuance
under the Company's stock option plan to Mr. Greig as partial compensation for the initial six month term of the consulting
agreement.
The issuance of stock options is subject to the acceptance of the TSX Venture Exchange.
ABOUT GRIZZLY DISCOVERIES INC.
Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 67
million shares issued, focused and its precious metals and Cobalt-Copper properties in southeastern British Columbia.
The
Company holds, or has an interest in, over 180,000 acres of precious-base metal properties at its Greenwood Property.
Additionally, Grizzly holds approximately 10,000 acres with Co-Cu-Ag mineralization at its Robocop Property, both located in
southeastern British Columbia.
On behalf of the Board,
Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
For further information, please visit our website at
www.grizzlydiscoveries.com
or contact Investor Relations:
Nancy Massicotte
IR PRO COMMUNICATIONS INC.
Tel: 604-507-3377
Toll Free: 1-866-503-3377
Email:
www.irprocommunications.com
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/49571