GRIZZLY LOOKING TOWARD THE GREEN FUTURE AT ROBOCOP

EDMONTON, ALBERTA – September 9, 2021 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCQB: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company) is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange that is focused on developing its precious and base metals properties, comprising over 156,000 acres, including its Robocop copper-cobalt project in southeastern British Columbia.

The global shift to clean energy systems, primarily electricity networks, is set to drive a huge increase in the requirements of copper and aluminum, with copper being a cornerstone for all electricity-related technologies, meaning that the energy sector is emerging as a major force in mineral markets.

Recently, Bloomberg’s James Attwood, wrote that according to estimates from CRU Group, the copper industry needs to spend upwards of $100 billion to close what could be an annual supply deficit of 4.7 million metric tons by 2030 as the clean power and transport sectors take off. Commodities trader Trafigura Group adds that the deficit could grow to 10 million metric tons annually if no new mines are built. Closing this annual gap would require building the equivalent of eight projects the size of the BHP Escondida property in Chile, the world’s largest copper mine.

An April 2021 report from the International Energy Agency (IEA), states that at the end of 2020 there were 10 million electric vehicles (EV) on roads around the world, an increase of some 3 million over the previous year. Registrations of EVs increased by 41% during the year, while those of non-electric cars actually dropped by 16% due to the pandemic. There can be little doubt that the future for vehicles is electric. This trend will have a great impact on the mining world.

As an exploration company, Grizzly is well-positioned for a potential business combination with a large multinational. Companies including Rio Tinto and BHP, often buy out smaller companies that have completed successful exploration projects. The process of mining is very expensive. So a junior exploration company buy-out is a win-win situation. Juniors are the tip of the spear when it comes to finding mines.

Over the past decade, the average amount of minerals needed for a new unit of power generation capacity has increased by 50% as the share of renewables in new investment has risen. A typical electric car requires six times the mineral input of a conventional car, and an offshore wind plant requires 13 times more mineral resources than a similarly sized gas-fired power plant.

Brian Testo, President and CEO of Grizzly Discoveries stated “Grizzly has significant potential for new copper-cobalt discoveries during a time when demand for battery metals is surging due to the shift to renewable energy sources and electric vehicles. We are looking forward to commencing an initial Phase 1 program over the next couple of months to isolate drill targets in preparation for a Phase 2 - 2021 drill testing. The Robocop geology and anomalies have the potential to be world-class discoveries.”

GRIZZLY DISCOVERIES INC.

Brian Testo, CEO, President 

For further information, please visit our website at www.grizzlydiscoveries.com or contact:
Chris Beltgens
Corporate Development
Tel: 604 347 9535
Email: cbeltgens@grizzlydiscoveries.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information