Paget Minerals Grant of Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 11, 2014) - Paget Minerals Corp. (TSX VENTURE:PGS) ("Paget" or the "Company") announces that it has granted a total of 1,750,000 incentive stock options (the "Options") to directors and officers of the Company. The Options are exercisable at $0.05 per share for a period of five years from the date of grant and shall vest as to 100% upon the date of grant. The Options were granted pursuant to the Company's shareholder-approved stock option plan and are subject to the policies of the TSX Venture Exchange and any applicable regulatory hold periods.

About Paget Minerals Corp.

Paget Minerals Corporation is a publicly traded resource company focused on mineral exploration and the advancement of its Ball Creek Project in British Columbia. Ball Creek comprises a 52,442-hectare, contiguous mineral tenure package in the Golden Triangle -- Iskut Mineral District located just 8km west of Highway 37 and only 36km northwest of the new Northwest Transmission Line Substation at Bob Quinn. Ball Creek neighbors three major mine development projects in the region -- Galore Creek, Schaft Creek and Red Chris. David Volkert, President and CEO, serves as the Qualified Person under the definitions of NI 43-101.

On Behalf of the Board of Paget Minerals Corp.,

David F. Volkert, President & CEO

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