PGS: TSX-V
VANCOUVER, Dec. 20, 2013 /CNW/ - Paget Minerals Corp.
(TSX-V: PGS), ("Paget" or the "Company") announces that it has
granted a total of 775,000 incentive stock options (the "Options")
to directors and officers of the Company. The Options are
exercisable at $0.10 per share for a
period of five years from the date of grant and shall vest as to
100% upon the first anniversary of the date of grant. The
Options were granted pursuant to the Company's shareholder-approved
stock option plan and are subject to the policies of the TSX
Venture Exchange and any applicable regulatory hold periods.
About Paget Minerals Corp.
Paget Minerals Corporation is a publicly traded resource company
focused on mineral exploration and the advancement of its Ball
Creek Project in British Columbia,
as well as the San Ricardo Project in Sonora, Mexico. Ball Creek comprises a
52,442-hectare, contiguous mineral tenure package in the Golden
Triangle - Iskut Mineral District located just 8km west of Highway
37 and only 36km northwest of the new Northwest Transmission Line
Substation at Bob Quinn. Ball Creek neighbors three major mine
development projects in the region -- Galore Creek, Schaft Creek
and Red Chris. Paget is also
continuing its San Ricardo Project and has an option to earn up to
60% of the 38,100-hectare project located within the prolific
porphyry and epithermal gold-silver-copper belt of northern Sonora
State, Mexico, from Sundance
Minerals Ltd. David Volkert,
President and CEO, serves as the Qualified Person under the
definitions of NI 43-101.
On Behalf of the Board of Paget Minerals
Corp.,
"David F. Volkert"
President & CEO
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.
SOURCE Paget Minerals Corp.