Mr. Blaine Monaghan reports

PACIFIC RIDGE ANNOUNCES AGM RESULTS

Pacific Ridge Exploration Ltd. saw the following directors elected at its annual general meeting held June 23, 2022: Gerald Carlson, Blaine Monaghan, Bruce Youngman (an independent director), Borden Putnam III (an independent director) and Gary Baschuk (an independent director). In addition, the shareholders reappointed PricewaterhouseCoopers LLP, chartered accountants, as auditor of the company and approved the company's rolling incentive stock option plan, pursuant to which a maximum of 10 per cent of the issued shares will be reserved for issuance under the plan. The plan is subject to TSX Venture Exchange acceptance.

The following officers were appointed after the annual general meeting: Mr. Carlson as executive chairman, Mr. Monaghan as president and chief executive officer, Danette Schwab as vice-president of exploration, Salvador Miranda as chief financial officer and Arie Page as corporate secretary.

"Pacific Ridge has built a strong management team and board and I'm extremely confident in their ability to execute and oversee the company's biggest exploration season in decades," said Mr. Monaghan, president and chief executive officer. "Crews are mobilizing to the Kliyul copper-gold project and I expect that the fully funded, 6,000-metre diamond drill program will be under way in the first week of July. This will be the largest ever drill program to take place at Kliyul and will be focused on expanding mineralization at the Kliyul Main zone laterally and to depth."

About Pacific Ridge Exploration Ltd.

Our goal is to become British Columbia's leading copper-gold exploration company. Pacific Ridge's flagship project is the Kliyul copper-gold project, located in the prolific Quesnel trough, approximately 50 kilometres southeast of Centerra Gold Inc.'s Kemess mine. In addition to Kliyul, the company's project portfolio includes the RDP copper-gold project (optioned to Antofagasta Minerals SA), the Chuchi copper-gold project, the Onjo copper-gold project and the Redton copper-gold project, all located in British Columbia.

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