PGS Paget Minerals Corp.

Paget Minerals Corp. ("Paget") (TSX VENTURE:PGS), ("Paget" or the "Company")
today announced the appointment of Bernie Zacharias as Chief Financial Officer
and David Allman as Corporate Secretary of Paget Minerals Corp. effective
December 1, 2011.


In addition, the Company reports the resignations of April Hashimoto, Chief
Financial Officer and, Brian Booth, Director so that they can focus their
efforts to Pembrook Mining Corp., as that company accelerates the advancement of
its exploration property portfolio in Peru and Mexico. The Company also reports
the resignation of Paul Simpson, Corporate Secretary.


Mr. Zacharias is a managing partner, founder and director of Avisar Chartered
Accountants since 2004 and has recently acted as CFO of several TSX Venture
Exchange listed companies. Mr. Zacharias is a member of the Institute of
Chartered Accountants of British Columbia and brings significant experience in
corporate finance with publicly listed junior resource companies.


Mr. Allman is a partner at Edwards, Kenny & Bray LLP ("EKB") and a member of its
mining group. Mr. Allman has a corporate and commercial law practice, with an
emphasis on mining law, business law and commercial real estate law. He
regularly advises senior, mid-tier and junior mining clients on domestic and
international mineral resource property transactions, as well as advising on a
range of corporate, commercial and securities matters. He has been involved in
numerous transactions involving a wide range of jurisdictions in Canada, Latin
America, Africa and Eurasia. He holds a B.Comm. and a law degree from the
University of British Columbia. Mr. Allman was called to the British Columbia
Bar in 1988.


David Volkert, President & CEO said: "On behalf of the board of directors of
Paget I would like to congratulate Bernie and David on their appointments and
wish them every success in their new roles. I also extend our sincere
appreciation and thanks to April, Brian and Paul for their valuable contribution
during the company's early stages of development."


The Company's board of directors has granted 100,000 incentive stock options to
Mr. Zacharias on his appointment as CFO. Mr. Allman, who is also legal counsel
to the Company, is precluded from receiving stock options due to EKB's conflict
of interest policy. The incentive stock options are exercisable for up to five
years at a price of $0.25 per share. The options were granted pursuant to the
Paget Minerals Corp. shareholder-approved stock option plan and are subject to
any applicable regulatory hold periods.


About Paget Minerals Corp.

Paget Minerals Corp. is a British Columbia company focused on mineral
exploration and the advancement of a diverse range of precious metal and copper
projects in British Columbia, Mexico and Colombia, all under active exploration
with drill projects in B.C. including Ball Creek, Chist Creek, Icy Lake and Fae.


On Behalf of the Board of Paget Minerals Corp.,

David F. Volkert, President & CEO

Paget Minerals Corp. (TSXV:PGS)
Historical Stock Chart
From May 2024 to Jun 2024

Paget Minerals Corp. (TSXV:PGS)
Historical Stock Chart
From Jun 2023 to Jun 2024