July 11, 2016 09:30 ET
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 11, 2016) - Paget Minerals Corp. ("Paget") (TSX VENTURE:PGS) announces that the Board of Directors has appointed Mark T. Brown, CPA, CA, as the interim CEO of Paget Minerals Corp. and accepted the resignation of David Volkert. Mr. Volkert has accepted a position with a larger company that was tailor made for his geological experience.
The Board of Paget wishes Mr. Volkert every success in his new position and thanks him for his guidance of Paget over the past 6-plus years, in a particularly difficult market. Mr. Volkert will remain an independent director of Paget.
Mr. Brown is a Director and a significant shareholder of Paget through his private company Pacific Opportunity Capital Ltd. Mr. Brown will work with the Board of Paget to engage a company builder CEO and embark upon a new project acquisition strategy with the new CEO.
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.
Paget Minerals Corp.Sandrine Lam(604) 687-3520(888) 889-4874 (FAX)
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