Mr. David Brett reports

PACIFIC BAY ANNOUNCES MANAGEMENT CHANGES

Effective immediately, Pacific Bay Minerals Ltd. chairman David H. Brett will assume the role of president and chief executive officer, succeeding Reagan Glazier. This transition enables Mr. Glazier to fully dedicate his time to other professional commitments, while he continues to lend his valuable expertise as a member of the company's board of directors, supporting continuing strategic initiatives and growth.

Mr. Brett, who has been a significant shareholder and director since 1985, previously served as Pacific Bay Minerals' president and CEO during various periods of the company's history. Mr. Brett, who earned an MBA from SFU, has 40 years of experience in the mining sector, including as president and CEO of gold producer Cusac Gold Mines Ltd. With Pacific Bay Minerals, Mr. Brett worked extensively in British Columbia, Quebec, Brazil, Argentina and other jurisdictions. Mr. Brett is also former president and CEO of EnGold Mines Ltd., where he raised significant financing, led resource discoveries and helped guide major drilling campaigns over 10 years at B.C.'s Lac La Hache copper/gold property.

"Reagan is a top-flight geologist and mining CEO who will continue to contribute in a big way to PBM's success going forward," said Mr. Brett.

"David is an industry veteran with a lot of respect in the B.C. mining industry," said Mr. Glazier. "We have put together an excellent team at PBM that is determined to build value for shareholders."

About Pacific Bay Minerals Ltd.

Pacific Bay's flagship, 100-per-cent-owned Haskins-Reed critical minerals project in northwestern B.C. is one of the leading exploration projects in the Cassiar region. Located next to Cassiar Gold Corp. on Highway 37, Haskins-Reed hosts tungsten, copper, bismuth, silver, lead and zinc in multiple high-grade polymetallic zones, over 125 drill holes, underground workings and significant exploration potential. The company also owns 100 per cent of the Weaver gold project in Southern B.C. and is seeking to acquire gold projects in Brazil.

The technical disclosures in this news release were reviewed and approved by David Bridge, PGeo, a qualified person, as defined by National Instrument 43-101.

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