Pacific Ridge Exploration Ltd. (TSX VENTURE:PEX) ("Pacific Ridge" or the
"Company") reports the results of its 2013 Annual General and Special Meeting.
At the meeting all ordinary resolutions placed before the meeting was passed.
Shareholders re-elected John S. Brock, C. Douglas Proctor, R.E. Gordon Davis,
Sargent Berner and Bruce Youngman as directors of the Company for the ensuing
year. PricewaterhouseCoopers LLP, Chartered Accountants were also re-appointed
as auditors of the Company and the Company's rolling stock option plan was
re-approved. The Board of Directors also approved the re-appointment for the
ensuing year of John S. Brock as CEO and President, Gerry Carlson as Vice
President Exploration, Lei Wang as Chief Financial Officer and Arie Page as
Corporate Secretary.


By way of a special resolution, shareholders approved a proposed consolidation
of the issued common shares of Pacific Ridge. At a subsequent meeting of the
Company's Board of Directors, approval was given for the share consolidation on
a 1 new share for 5 old shares basis. As at the date hereof, there are an
aggregate of 71,064,936 common shares issued and outstanding. It is expected
that upon completion of the share consolidation there will be an aggregate of
approximately 14,212,987 common shares issued and outstanding. Approval of the
consolidation was required in order to facilitate future financing of the
Company as well as the effecting of a proposed property option agreement with a
third party, the details of which will be announced upon execution of such
agreement. The share consolidation is subject to TSX Venture Exchange
acceptance. Once such acceptance is obtained, Pacific Ridge will issue a further
news release and will send shareholders a letter of transmittal advising that
the share consolidation has taken effect and instructing shareholders to
surrender the certificates evidencing their pre-consolidation common shares for
replacement certificates representing post-consolidation common shares. The name
of the Company will remain the same. 


On behalf of the Board of Directors,

John S. Brock, President & CEO

Pacific Ridge Exploration Ltd.

Forward-Looking Information: This release includes certain statements that may
be deemed "forward-looking statements". All statements in this release, other
than statements of historical facts, that address exploration drilling and other
activities and events or developments that Pacific Ridge Exploration Ltd.
("Pacific Ridge") expects to occur, are forward-looking statements.
Forward-looking statements in this news release include statements regarding the
placements and future exploration plans and expenditures. Although Pacific Ridge
believes the expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of future
performance and actual results or developments may differ materially from those
forward-looking statements. Factors that could cause actual results to differ
materially from those in forward looking statements include market prices,
exploration successes, and continued availability of capital and financing and
general economic, market or business conditions. These statements are based on a
number of assumptions including, among other things, assumptions regarding
general business and economic conditions, the timing and receipt of regulatory
and governmental approvals for the transactions described herein, the ability of
Pacific Ridge and other parties to satisfy stock exchange and other regulatory
requirements in a timely manner, the availability of financing for Pacific
Ridge's proposed transactions and programs on reasonable terms, and the ability
of third party service providers to deliver services in a timely manner.
Investors are cautioned that any such statements are not guarantees of future
performance and actual results or developments may differ materially from those
projected in the forward-looking statements. Pacific Ridge does not assume any
obligation to update or revise its forward-looking statements, whether as a
result of new information, future events or otherwise, except as required by
applicable law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Pacific Ridge Exploration Ltd.
John S. Brock
President & CEO
(604) 687-4951
(604) 688-4670 (FAX)
www.pacificridgeexploration.com

Pacific Ridge Exploration (TSXV:PEX)
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