Pacific Ridge Grants Incentive Stock Options

Pacific Ridge Grants Incentive Stock Options

Vancouver, British Columbia--(Newsfile Corp. - January 4, 2019) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge"

or the "Company") has granted incentive stock options under its 10% rolling stock option plan to certain directors, officers and

consultants of the Company to purchase a total of 1,050,000 common shares at $0.05 per share exercisable for a period of five

years.

About Pacific Ridge

Pacific Ridge has assembled a portfolio of highly-prospective gold and base metal projects located in the Yukon and British

Columbia, where its board and management team have a track record of success. Its holdings include the Mariposa, Eureka

Dome and Gold Cap gold exploration projects in the Klondike-White Gold District, RC Gold in the Tintina Gold Belt, Fyre Lake in

the Finlayson District and Spius Cu-Mo-Au porphyry and TL Zinc in southern British Columbia.

On behalf of the Board of Directors,

"Gerald G. Carlson"

Gerald G. Carlson

President & CEO

Pacific Ridge Exploration Ltd.

For further information, contact:

Pacific Ridge Exploration Ltd.

Gerald G. Carlson

President & CEO

Tel: (604) 687-4951

www.pacificridgeexploration.com

Neither the 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.