BLG Bear Lake Gold Ltd.

Bear Lake Gold Ltd. ("Bear Lake" or the "Company") (TSX VENTURE:BLG) is pleased
to announce that its shareholders have approved the proposed business
combination of Bear Lake and Kerr Mines Inc. ("Kerr") by way of plan of
arrangement (the "Arrangement") previously announced on February 26, 2014. There
were no dissenting shareholders.


The Arrangement is expected to be completed on or about May 16, 2014 upon
satisfaction or waiver of all of the conditions to the Arrangement set out in
the arrangement agreement entered into by Bear Lake and Kerr and a wholly-owned
subsidiary of Kerr ("Kerr Subco") on February 25, 2014, including approval by
the Ontario Superior Court of Justice at a hearing scheduled for May 14, 2014
and stock exchange approvals. Upon completion of the Arrangement, Kerr via Kerr
Subco will acquire all the outstanding shares of Bear Lake through the issuance
of 1.4 units of Kerr's securities (each unit comprised of one Kerr common share
and one-half common share purchase warrant, each whole warrant exercisable for 2
years at an exercise price of $0.16) in exchange for each Bear Lake share.
Following completion of the Arrangement, Bear Lake shares will be de-listed from
the TSX Venture Exchange.


Full details of the terms of the Arrangement are set out in the Bear Lake's
management information circular dated April 4, 2014, which is available on SEDAR
at www.sedar.com. Additional information about the Company is available on its
website at www.bearlakegold.com and on SEDAR.


Neither 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
David Fennell, Executive Chairman
450-677-1009
Info@bearlakegold.com
www.bearlakegold.com

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