BRL Bearclaw Capital Corp

Bearclaw Capital Corp. ("Bearclaw" or the "Company"} (NEX: BRL.H} announces that Mohan R. Vulimiri has resigned as a director of the Company effective May 17, 2021. Mr. Vulimiri had served as a director of the Company since 2011 and the Company thanks him for his many years of service and wishes him the best in his future endeavors.

On behalf of the Board.

Scott M. Ross, President and Chief Executive Officer71030-3552 West 41st AvenueVancouver, British Columbia, V6N 4J9Tel: 604-803-4883

Email: scott.ross@bearclawcapitalcorp.com

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