Grizzly Discoveries Purchases Sidley-Dayton Gold Property

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Grizzly Discoveries Inc.(TSXV:GZD) announced that it has exercised its option to purchase the Sidley-Dayton Gold property. The purchase is a result of the option agreement signed in February 2009 with Mineworks Ventures Inc.

Grizzly Discoveries Inc.(TSXV:GZD) announced that it has exercised its option to purchase the Sidley-Dayton Gold property. The purchase is a result of the option agreement signed in February 2009 with Mineworks Ventures Inc.

As quoted in the press release:

Pursuant to the Option Agreement, Grizzly has issued an additional 250,000 common shares of the Company (“Common Shares”) to Mineworks at a deemed issue price of $0.28 per Common Share, for an aggregate of 450,000 common shares issued to Mineworks pursuant to the Option Agreement.

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