Paget Minerals Corp.

Paget Minerals Corp.

August 18, 2009 08:30 ET

Paget Minerals Corp. Commences Trading on the TSX Venture Exchange

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 18, 2009) - Paget Minerals Corp. / CMYK Capital Inc. (TSX VENTURE:PGS) ("Paget" or the "Company"), is pleased to announce that, effective at the market open August 18, 2009, Paget will commence trading on the TSX Venture Exchange under the symbol "PGS". This completes the qualifying transaction for the capital pool company CMYK Capital Inc., which amalgamated with and became Paget Minerals Corp. Full details of the amalgamation and concurrent financing are set out in CMYK's Press Releases of April 14, 16, May 20, and August 7, 2009. Under the concurrent financing, Paget raised $1,200,750.00 by way of private placement of 1,475,000 units (each a "Unit") at $0.20 per Unit and 3,623,000 flow through units (each a "FT Unit") at a price of $0.25 per FT Unit. Each Unit comprised one common share and one half of one warrant (each whole warrant a "Warrant"). Each FT Unit comprised one flow through common share and one half of one Warrant. Each whole Warrant entitles the holder to purchase an additional common share at $0.40 for a period of 18 months from closing. Together with cash in hand, Paget is well financed to carry out its exploration activities in Canada.

About Paget Minerals Corp.

Paget Minerals Corp. is a British Columbia company involved in the exploration of gold properties in British Columbia and Ontario. Exploration programs in both Provinces have been initiated. Further information will be forthcoming as the programs proceed.

On Behalf of the Board of Paget Minerals Corp.,

Brian Booth, President and 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.
    Brian Booth