Paget Minerals Corp.

Paget Minerals Corp.

March 10, 2010 13:35 ET

Paget Minerals Announces $175,000 Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - Paget Minerals Corp. (TSX VENTURE:PGS) ("Paget" or the "Company") today announced that the Company has completed a non-brokered private placement of 875,000 common shares ("Shares") at $0.20 per Share to raise a total of $175,000. The shares are subject to a hold period of four months and one day, expiring July 11, 2010.

The proceeds of the placement will be applied to the Company's Lac Doda exploration property in Quebec.

About Paget Minerals Corp.

Paget Minerals Corp. is a British Columbia company focused on mineral exploration and the development of a diverse range of precious metal, base metal and rare earth element projects in North America.

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.

Contact Information

  • Paget Minerals Corp.
    David Volkert
    President & CEO
    (778) 327-4449
    (778) 327-6546 (FAX)