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Warrants Alert

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Address: 700 - 1620 Dickson Ave
Kelowna BC V1Y 9Y2
Phone: 250 979 7022
Fax: 250 868 8493
Warrant Symbol - PAU.WT
Number  Trading - 27,209,199
Expiration Date - July 5, 2013
Cusip - 69887W 11 0
Exercise Price - $0.40

Warrants called to trade news:

Papuan Precious 22,452,003 warrants to trade on Nov. 8

2010-11-05 18:08 MT - Warrants Called to Trade
Effective at the opening, Monday, Nov. 8, 2010, 22,452,003 warrants of the company will commence trading on the TSX Venture Exchange. The company is classified as a mineral exploration/development company.

Corporate jurisdiction: British Columbia

Capitalization: Unlimited warrants with no par value, of which 27,209,199 warrants are issued and outstanding, including 1,423,862 warrants issued as compensation to agents and 3,333,334 warrants issued to insiders and others under a follow-up unit financing of the company that will not be listed for trading

Transfer agent: CIBC Mellon Trust Company
Trading symbol: PAU.WT
Cusip No.: 69887W 11 0

The 22,452,003 warrants were issued pursuant to a non-brokered private placement of subscription receipts announced on June 1, 2010. One warrant entitles the holder to purchase one share at a price of 40 cents per share and will expire on Friday, July 5, 2013

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