Paget Minerals Grants Stock Options

VANCOUVER, BRITISH COLUMBIA -- 01/06/10 -- Paget Minerals Corp. ("Paget") (TSX VENTURE: PGS), today announced that the Company's board of directors has granted 750,000 incentive stock options to David Volkert on his appointment as President & CEO and director. The incentive stock options are exercisable for up to five years at a price of $0.25 per share; the closing price of the company's shares on the date of grant was $0.18, thus representing a $0.07 premium. The options were granted pursuant to the Paget Minerals Corp. shareholder-approved stock option plan and are subject to any applicable regulatory hold periods.

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