Bearclaw Capital Corp. regrets to announce that Arthur William Lilly passed away during the first quarter of 2021. Mr. Lilly served as a director and Chief Financial Officer of the Company since 2008. The Company further announced the appointment of Arthur Willson Lilly as an independent director of the company. Mr. Lilly has been involved in private and public companies for over twenty-five years. The appointment of Mr. Lilly is subject to regulatory approval.