Puget Ventures Inc.

Puget Ventures Inc.

November 30, 2009 19:47 ET

Puget Ventures Announces Stock Option Grant

VANCOVUER, BRITISH COLUMBIA--(Marketwire - Nov. 30, 2009) - Puget Ventures Inc. (the "Company") (TSX VENTURE:PVS) announces today that it has granted an aggregate of 575,000 stock options to directors, officers, consultants and employees of the Company, exercisable at a price of $0.34 per share for a period of five years from the date of grant. The options have been granted in accordance with the Company's stock option plan and will vest as follows: 50% on the date that is three months after the date of grant, and 50% on the one year anniversary of the date of grant.

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.

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