Mr. Chris McLeod reports

PACIFIC IMPERIAL ANNOUNCES PROPOSED DEBT SETTLEMENT

Subject to the final approval of the TSX Venture Exchange, Pacific Imperial Mines Inc. intends to complete a debt settlement of 3,682,906 common shares of the company at a deemed price of three cents per share to settle debt owing for trade payables relating to exploration expenses provided to the company with a non-related party for a total amount of $110,487.20.

The shares issued pursuant to the debt settlement will be subject to the exchange hold period plus a hold period of four months and one day following the closing date of the debt settlement.

About Pacific Imperial Mines Inc.

Pacific Imperial is a mineral exploration company based in Vancouver, Canada, engaged in the acquisition, exploration, evaluation and development of mineral properties in an acceptable risk environment. The company's current focus is on the Eagle Mountain lithium property in the United States; the Brownell property in Saskatchewan; and the Pam and Babine properties in British Columbia.

We seek Safe Harbor.