🕐19.10.10 - 22:54 Uhr

FW: BEAR LAKE GOLD LTD. / PRESS RELEASE



On behalf of Bear Lake Gold Ltd., please find attached the latest press release from Bear Lake Gold Ltd.

Dated October 19, 2010.
Should you have any questions, please contact the undersigned.
Sincerely,
PRESS RELEASE / DATED OCTOBER 19, 2010
PRESS RELEASE
Bear Lake Gold Appoints Executive Chair and Grants Options
October 19, 2010 - Longueuil, Quebec: The Board of Directors of Bear Lake Gold Ltd.

(TSXV: BLG) (the "Company") is pleased to announce that its Chairman, David Fennell, will assume the role and duties of Executive Chairman of the Company.

In addition to the normal duties of Chairman, the Executive Chairman will lead the assessment of potential strategic initiatives to create and enhance value for shareholders.

In consultation with Fran�ois Viens, the Companys President and CEO, he will ensure that action plans and policies are in place to meet the Companys objectives.
The Company also announces that, subject to regulatory approval, it has approved the grant of an aggregate of 5,250,000 stock options to directors, officers, employees and consultants of the Company.

Of the total, 1,630,000 options are subject to the achievement of certain performance objectives and vest only if the 20-day volume weighted average price of the Companys common shares on the TSXV is $0.90 per share or above; and 700,000 are subject to the achievement of certain defined performance objectives.

The balance of 3,620,000 options vest over a two-year period.

The options have a five-year term and are exercisable at a price of $0.30, the closing price of the Companys stock on October 15, 2010.


"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:
Francois Viens President and CEO Tel: 450-677-2172 Fax: 450-677-2601 Website: www.bearlakegold.com



Products & Services | Jobs