Grizzly Extends Private Placement

Core Points - Grizzly Discoveries Inc. has announced a 30-day extension to its private placement offering for gross proceeds of up to $1 million, initially announced on September 11, 2025 [1][2] Private Placement Offering - The offering consists of up to 8,333,333 Units and up to 25,000,000 of any combination of Units and Flow-Through (FT) Units at a price of $0.03 per Unit and FT Unit [2] - Each Unit includes one common share and one common share purchase warrant, allowing the holder to purchase an additional common share for $0.05, expiring either 30 days after a notice from the Company or 24 months from issuance [2] - FT Units consist of one common share and half of one warrant, issued as a "flow-through share" for tax purposes [2] Use of Proceeds - The Company plans to allocate the proceeds as follows if fully subscribed: - Mineral Property Exploration: $750,000 - Mineral Rights and Exploration Permits: $80,000 - Working Capital: $100,000 (including outstanding management fees and other accounts payable) - Corporate Overhead: $70,000 [3] Finder's Fees and Trading Restrictions - The Company may pay finders fees in cash, Units, and Warrants to registered broker dealers and others, in accordance with TSX Venture Exchange policies [4] - Common Shares and any shares issued upon exercise of the Warrants will be subject to trading restrictions for four months and one day from the date of issuance [4] Company Overview - Grizzly Discoveries Inc. is a diversified Canadian mineral exploration company with a primary listing on the TSX Venture Exchange, focusing on approximately 72,700 hectares (about 180,000 acres) of precious and base metals properties in southeastern British Columbia [6] - The Company is managed by a highly experienced team with a track record of advancing exploration projects from early stages to feasibility [6]