Pacific Ridge Reports Full Exercise of August 20TH 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 AUGUST 20TH WARRANTS
Vancouver, B.C. – August 23, 2011 – Pacific Ridge Exploration Ltd. (TSX Venture: PEX) (the “Company”) reported that the Company has received $914,995 for the exercise of 6,099,967 share purchase warrants with an exercise price of $0.15 and an expiry date of August 20, 2011. The Company has also seen exercise of 20,000 warrants with an exercise price of $0.25 for receipt of proceeds in the amount of $5,000. There are 480,000 $0.25 warrants with an expiry date of September 16, 2011 that remain to be exercised. The Company has also seen exercise of 67,200 warrants with an exercise price of $0.45 for receipt of proceeds in the amount of $30,240. There are 3,878,150 $0.45 warrants with an expiry date of December 22, 2011 that remain to be exercised. The Company now has 58,892,078 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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