Champion Bear Resources Ltd.

Champion Bear Resources Ltd.

March 01, 2012 16:48 ET

Champion Bear Appoints Additional Independent Director to Its Board of Directors

CALGARY, ALBERTA--(Marketwire - March 1, 2012) - Champion Bear Resources Ltd. (TSX VENTURE:CBA) ("Champion Bear" or the "Company") is pleased to announce that, effective March 1, 2012, Kent Couillard has been appointed a director of the Company to increase the number of independent members and to add to the financial and capital markets experience of the Board.

Mr. Couillard is an independent corporate finance consultant and a director and Chief Executive Officer of Iciena Ventures Inc., a Vancouver, BC based mining company whose shares are listed on the TSX Venture Exchange. Mr. Couillard is also a director of Rain Resources Inc., a Burnaby, BC based Capital Pool Company whose shares are listed on the TSX Venture Exchange. From 1997 to 2000, Mr. Couillard was a licensed broker with Yorkton Securities in Calgary, Alberta. From March 2005 to March 2006, Mr. Couillard was a director of Delek Resources Ltd., a Houston, Texas based oil and gas exploration company whose shares are quoted on the National Association of Securities Dealers Over-the-Counter Bulletin Board ("OTCBB"). From August 2004 to March 2005 Mr. Couillard was a director of Southern Pacific Resources Corp. a TSX Venture Exchange listed issuer.

About Champion Bear

Champion Bear is a mineral exploration company focused exclusively on the historically prospective regions of Ontario. Champion Bear's primary target is platinum group and precious metals and to a lesser extent polymetallic base metal and pegmatite-hosted tantalum deposits. Champion Bear's aim is to create shareholder value through selective property acquisition and joint venture followed by focused exploration emphasizing drilling. The Company has assembled a large land position in the Dryden and Sudbury areas, totaling over 24,000 hectares.

No regulatory authority has approved or disapproved the information contained in this news release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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