Champion Bear Resources Ltd.TSXV: CBA

- Champion Bear 3,522,972 shares for debt

· Issued by Champion Bear Resources Ltd.

The TSX Venture Exchange has accepted for filing Champion Bear Resources Ltd.'s proposal to issue 3,522,972 shares at a deemed price of 15 cents to settle outstanding debt for $528,445.97 incurred from a variety of operating activities.

Contact:

Tel: (403) 229-9522

Web: www.championbear.com

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