Premium Exploration Inc.
TSX VENTURE : PEM

Premium Exploration Inc.

June 19, 2008 13:24 ET

Premium Exploration Announces Resignation of Vanessa Bachman as CFO and Appoints Grant T. Smith as CFO

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 19, 2008) - Premium Exploration, Inc. (TSX VENTURE:PEM) ("Premium" or the "Company") announces the resignation of Mrs. Vanessa Bachman and the appointment of Mr. Grant. T. Smith as the Company's Chief Financial Officer.

Mr. Del Steiner, President and CEO states, "Mrs. Bachman is resigning from her position as CFO to take on additional accounting responsibilities for Premium in Idaho, where she resides. Mr. Smith, Premium's Controller for the past year will be stepping into the role. We are pleased to have Grant join us in this capacity and look forward to working with him."

Mr. Smith's background includes experience in both operating and exploration mining companies throughout North and South America. He brings audit experience from two of Vancouver's highly respected audit and accounting firms and has audit experience in mining companies with reporting for TSX, TSX Venture and AMEX. His management background extends over 20 years and includes a diverse variety of operations and organizations.

Mr. Smith is also an active participant in the Vancouver community and currently serves as the treasurer for the MS Society of Canada (LMC) and the Vancouver Chamber Choir.

About Premium Exploration

Premium Exploration, Inc. is focused on precious metals exploration in the United States and Mexico. The Company is founded on a management and geological team with a proven track record demonstrated by their accomplishments. Premium's portfolio currently holds projects in various stages of exploration located within under-explored precious metal belts that host multi-million ounce deposits. Utilizing "valueadded" and joint venture strategies, Premium maintains multiple interests and royalties in their projects, maximizing shareholder exposure to mineral discovery. Through a joint venture agreement, Premium is advancing the Chrome Mountain PGM project in Montana, USA and the Buffalo Gulch Gold Deposit in Idaho, USA, while negotiations for joint ventures and acquisitions in Mexico are underway. Additional information may be found on our website at http://www.premiumexploration.com.

All prospective and current shareholders of Premium Exploration are invited to join the company's official investment forum exclusively at Pinnacle Digest: (http://www.pinnacledigest.com/company/pem:ca). The forum allows for investor controlled discussion, questions and progressive feedback from other shareholders and investors. Third party reports on the company are also available at http://www.pinnacledigest.com/.

This press release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Security Exchange Act of 1934, and involve a number of risks and uncertainties. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX Venture Exchange and the British Columbia Securities Commission. All statements, other than of historical fact, included herein are forwardlooking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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