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Paget Minerals Copr.

Published : May 01st, 2018

Announces Private Placement

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News Release April 30, 2018

Paget Minerals Corp. Announces Private Placement


Not for distribution to United States newswire services or for release publication,
distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States.

April 30, 2018 - Vancouver, British Columbia -- Paget Minerals Corp (NEX: PGS.H) ("Paget" or the �Company�) is pleased to announce that the Company intends to complete a non-brokered private placement of common shares at a price of $0.05 per share for gross proceeds of up to $1,000,000 (the �Private Placement�). It is anticipated that the Private Placement will be completed after the Paget common shares have been delisted from the NEX Board of the TSX Venture Exchange. The Company intends on using the proceeds from the Private Placement to carry out the transaction with Ascent Industries Corp. as announced today and for general corporate purposes.

Further Information

Further information regarding the Ascent Industries Corp. transaction and the de-listing of the Paget common shares can be found in the Company�s news release dated April 30, 2018, a copy of which is available on the Company�s website at www.pagetminerals.com.

For further information regarding the Private Placement, please contact:

Mark Brown, Chief Executive Officer, Paget Minerals Corp.
Telephone: 604-687-3520
Email: mtbrown@pacificopportunity.com

This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

The NEX has in any way passed upon the merits of the Private Placement and has neither approved nor disapproved the contents of this press release.

NEITHER THE TSXV OR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION:

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: the terms and conditions of the Private Placement; the use of funds, the Ascent transaction and the de-listing of the Paget common shares. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; and the delay or failure to receive board, shareholder or regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. The terms and conditions of the Private Placement and the Ascent transaction may change based on the parties' due diligence (which in the case of Paget is going to be limited as Paget intends largely to rely on the due diligence of other parties of the transaction to contain its costs, among other things) and the receipt of tax, corporate and securities law advice for each of the parties. Except as required by law, Paget and Ascent assume no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

You can also view this News Release on our website at:
http://www.pagetminerals.com/s/NewsReleases.asp?ReportID=824091


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Paget Minerals is a exploration company based in Canada.

Its main exploration property is BUCK CLAIMS in Canada.

Paget Minerals is listed in Canada. Its market capitalisation is CA$ 464 000 as of today (US$ 360 304, € 309 177).

Its stock quote reached its highest recent level on February 14, 2014 at CA$ 0.60, and its lowest recent point on January 01, 2016 at CA$ 0.01.

Paget Minerals has 9 280 000 shares outstanding.

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Corporate Presentations of Paget Minerals Copr.
5/31/2011Corporate Presentation May 2011
Financings of Paget Minerals Copr.
9/24/2012Announces Closing of Flow-Through Private Placement
9/13/2012Announces Flow-Through Private Placement
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5/19/2011Announces Closing of $1.1m Private Placement
Nominations of Paget Minerals Copr.
9/3/2016Paget Minerals Director Volkert Resigns
3/19/2015-Resignation of Director
Project news of Paget Minerals Copr.
2/13/2014Ball Creek Gold-Copper-Silver Project, Northwestern BC 2014 ...
12/4/2013Vends Mt. Dunn Property, BC
11/25/2013Consolidates 100% Of Ball Creek Gold-Copper Project, Northwe...
4/2/2013Acquires 100% Of Ball Creek Gold-Copper Project, Northwester...
1/24/2013Latest Paget Minerals Coverage from Resource Opportunities
11/8/2012Recently Featured in Resource Opportunities
10/18/2012Announces Start of Drilling at San Ricardo Gold-Silver Proje...
9/19/2012(PGS: TSX-V) Featured in Resource Opportunities Special Repo...
9/11/2012Options San Ricardo Gold-Silver Project, Sonora, Mexico
7/20/2012Commences Exploration Program At Ball Creek Gold-Copper-Silv...
6/26/2012and Blue Gold Mining Sign Definitive Agreement to Explore Th...
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3/29/2012Outlines 2012 Exploration Program For The Ball Creek Project...
2/28/2012Lawrence Roulston's Resource Opportunities Initiates Covera...
1/18/2012To Focus On Its Ball Creek Project, Golden Triangle - Iskut ...
9/7/2011Provides Exploration Plan for Ball Creek Gold-Copper Propert...
9/2/2011Receives Approval of Option Agreement for Ball Creek Copper-...
8/23/2011' Option Partner Rare Earth Industries Samples High Grade Ra...
4/14/2011Options 100% Of Ball Creek Copper-Gold Property In B.C.
Corporate news of Paget Minerals Copr.
7/11/2016Paget Minerals appoints interim CEO
1/19/2016Paget Minerals Shareholders approve Share Consolidation
1/5/2016Paget Minerals Completes Financing
6/17/2015Paget Obtains Shareholder Approval for Vending of the Ball C...
6/16/2015Paget Obtains Shareholder Approval for Vending of the Ball C...
4/27/2015Paget Vends Ball Creek Project in British Columbia
3/19/2015Paget Minerals-Resignation of Director
3/2/2015Paget Announces Completion of Shares for Debt Transaction
1/19/2015Paget Announces Shares for Debt Transaction
12/11/2014Paget Minerals Grant of Stock Options
9/11/2014Paget Minerals-Resignation of Director
12/20/2013Grant of Stock Options
12/7/2012Corporate Update
10/31/2012Expands Mess Creek and More Creek Porphyry Targets at the Ba...
10/12/2012David Volkert, President of Paget Minerals, Presents at the...
10/11/2012Intersects 304.2 Metres of 0.44 g/t Gold and 0.15% Copper at...
9/27/2012Intersects Broad Intervals Of Gold-Copper Porphyry Mineraliz...
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8/27/2012Featured in The Gold Report Interview
7/9/2012featured in The Globe & Mail
1/12/2012Drills 91 Meters At 0.76G/T Gold At The Rainbow Target, Ball...
11/24/2011Appoints Zacharias and Allman as CFO & Corporate Secretary <...
8/27/20112011 Q2 Financial Statements & MD&A
3/1/2011Signs LOI to Acquire up to 60% in Sundance Minerals' Gold Pr...
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