Pacific Ridge Reports Full Exercise of September 16TH Warrants
Suite 1100 ‐ 1199 West Hastings Street Vancouver, British Columbia V6E 3T5 Tel.: 604.687.4951 Fax: 604.688.4670 www.pacificridgeexploration.com
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PACIFIC RIDGE REPORTS FULL EXERCISE OF SEPTEMBER 16TH WARRANTS
Vancouver, B.C. – September 13, 2011 – Pacific Ridge Exploration Ltd. (TSX Venture: PEX) (the “Company”) reported that it has received $125,000 from the exercise of 500,000 share purchase warrants with an exercise price of $0.25 and an expiry date of September 16, 2011.
Recently the Company announced the exercise of 6,099,967 share purchase warrants at a price of $0.15 for proceeds of $914,995 as well as the exercise of 67,200 share purchase warrants priced at $0.45 for proceeds of $30,240 (see August 23, 2011 news release). There are 3,878,150 share purchase warrants that remain to be exercised at an exercise price of $0.45 and an expiry date of December 22, 2011. The Company currently has 59,372,078 common shares issued and outstanding.
“John S. Brock”
John S. Brock President and CEO Pacific Ridge Exploration Ltd.
For further information, contact:
Corporate Information Investor Inquiries
Pacific Ridge Exploration Ltd. G2 Consultants Corporation John S. Brock NA Toll-Free: (866) 742-9990 President and CEO Tel: (604) 742-9990 Tel: (604) 687-4951 [email protected] www.pacificridgeexploration.com
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