Paget Minerals Director Volkert Resigns

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 2, 2016) - Paget Minerals Corp. ("Paget") (TSX VENTURE:PGS) announces that Mr. David Volkert has today resigned from the Board of Directors of the Company. Mr. Volkert was previously the CEO of Paget and also resigned from that position with Paget in July 2016.

A new director may be appointed at a later date to fill this vacancy.

About Paget Minerals Corp.

Paget Minerals Corp. is a publicly traded company focused on mineral exploration and, as a prospect generator, continues to identify and acquire target properties in Canada and the Americas Cordillera.

On behalf of the Board

"Mark T. Brown", Director

Paget Minerals Corp.

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. STATEMENTS IN THIS NEWS RELEASE, OTHER THAN PURELY HISTORICAL INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY'S FUTURE PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS AND UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-LOOKING STATEMENTS.