BRL Bearclaw Capital Corp

Bearclaw Capital Corp. (TSX VENTURE: BRL)(FRANKFURT: 5BQ) announces that it has granted options to its two recently-appointed directors pursuant to its rolling 10% stock option plan. Options to acquire 200,000 common shares were granted to each of Scott Ross and Jeff Durno. Both options are for a five-year term which expires on March 23, 2015. For each grant, 30% vests immediately, 30% vests on the first anniversary of the grant and the remaining 40% vests on the second anniversary of the grant. The exercise price is $0.10 per common share.

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

Contacts: Bearclaw Capital Corp. Arthur W. Lilly 604.682.2201