Paget Minerals Announces Board Members

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 8, 2016) - Paget Minerals Corp. ("Paget") (TSX VENTURE:PGS) is pleased to provide an update regarding the board members following the Annual General Meeting ("AGM") held on August 8, 2016.

Mr. Arnold Armstrong, Mr. David Volkert and Mr. Mark Brown were re-elected while the two nominees for director, Mr. Richard Topham and Mr. Paul Kuhn, were also elected during the course of the AGM.

Both Mr. Alan Whitehead and Mr. George Tikkanen had retired from the Board of Directors to devote more time to their professional roles and therefore did not stand for re-election. The Board and Management would like to thank Mr. Whitehead and Mr. Tikkanen for their guidance and support throughout their tenure as directors.

Mr. Topham is a CPA, CA with over 20 years' operational experience with a multitude of publicly traded and privately held companies. Following his articling tenure at PriceWaterhouseCoopers in 1992, he worked with two high tech companies' for eight years before transitioning into a Consultant capacity. Mr. Topham's primary scope of expertise is assisting companies with month-to-month operations, strategic planning, budgeting, acquisition due diligence, financing due diligence, restructuring and regulatory compliance.

Mr. Kuhn has more than 35 years of experience in the minerals exploration business in North America, Central Asia and Europe. He has worked in a variety of geological terrains and has managed successful exploration programs in the US, Turkey, Portugal and Kosovo. He was involved in a number of base and precious metal discoveries in Turkey, Kosovo and Portugal and with the original mapping and description of the Çöpler porphyry Au deposit in Turkey. Mr. Kuhn is currently the President and CEO of Avrupa Minerals Ltd.

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.

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