Puget Ventures Inc.

Puget Ventures Inc.

November 09, 2009 16:24 ET

Puget Ventures Inc. Announces Warrant Amendment

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 9, 2009) - Puget Ventures Inc. (the "Company") (TSX VENTURE:PVS) announces today that it has received approval from the TSX Venture Exchange for acceptance of an extension of the expiry date of up to 750,000 common share purchase warrants (the "Warrants") originally issued in connection with a private placement announced on December 19, 2007 and January 24, 2008.

The original terms specified that each Warrant was exercisable into one common share (a "Share") of the Company at a price of $0.75 per Share expiring on November 14, 2009. The term of the Warrants will be extended to expire on November 14, 2010. There are no other proposed changes to these Warrants.

About Puget Ventures Inc. (www.pugetventures.com)
Puget Ventures Inc. is a TSX Venture Exchange listed mineral exploration company that controls the Werner Lake Mineral Belt, including the advanced stage Werner West Copper Cobalt deposit, one of Canada's only primary cobalt properties, located in Northwestern Ontario. Puget is also currently exploring the Trout Bay copper-zinc property in Red Lake, Ontario.

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