Grizzly Gold Corp. (fka GRZG)

[236T568]

"Because our President has only agreed to provide his services on a part-time basis, he may not be able or willing to devote a sufficient amount of time to our business operations, causing our business to fail.


As a result of his duties and responsibilities with the other businesses Mr. Strobel provides his management services to a number of companies. Because we are in the early stages of our business, Mr. Strobel will not be spending all of his time working for the Company. Mr. Strobel will expend enough time to oversee the work program that has been approved by the Company. Later, if the demands of our business require additional time from Mr. Strobel, he is prepared to adjust his timetable to devote more time to our business. However, it still may not be possible for Mr. Strobel to devote sufficient time to the management of our business, as and when needed, especially if the demands of Mr. Strobel’s other interests increase. Competing demands on Mr. Strobel’s time may lead to a divergence between his interests and the interests of our shareholders."