Pacific Ridge Appoints Vice President Exploration and Grants Stock Options
December 05 2012 - 8:00AM
Marketwired Canada
The Board of Directors of Pacific Ridge Exploration Ltd. (TSX VENTURE:PEX) (the
"Company") is pleased to announce the appointment of Gerald Carlson as Vice
President Exploration of the Company effective December 1, 2012.
Gerald G. (Gerry) Carlson, Ph.D., P.Eng., has over 40 years of international
experience in managing mineral exploration and mining development companies with
a focus on precious and base metal deposits. His career has included independent
consulting assignments and management of exploration programs for both junior
and major mining companies. He is a past President of AMEBC (formerly the
British Columbia and Yukon Chamber of Mines) and President of the Society of
Economic Geologists Canada Foundation. He is a recipient of the SEG's Ralph
Marsden Award for distinguished service and CIM's J.C. Sproule Award for the
advancement of geology and mineral exploration in the Yukon. Of particular
benefit to the Company is Gerry Carlson's long history of Yukon-related mineral
exploration, public company management and relationships with a large Yukon
resident network.
The Company has granted incentive stock options to Mr. Carlson to purchase
500,000 common shares at an exercise price of $0.10 per share exercisable for a
period of five years. The options vest as to 50% on the date of grant and 50% in
one year, subject to the terms and conditions of the Company's stock option
plan. The options are subject to acceptance for filing by the TSX Venture
Exchange.
On behalf of the Board of Directors,
John S. Brock, President & CEO
Pacific Ridge Exploration Ltd.
FOR FURTHER INFORMATION PLEASE CONTACT:
Pacific Ridge Exploration Ltd.
John S. Brock
President and CEO
(604) 687-4951
www.pacificridgeexploration.com
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