Paget Minerals Grants Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 17, 2016) - Paget Minerals Corp. ("Paget") (TSX VENTURE:PGS) has issued stock options to its directors, officers and consultants for a total of 500,000 options to purchase common shares of the Company at an exercise price of $0.10 per share for a period of five years, expiring on August 15, 2021.

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.