http://finance.yahoo.com/news/Pacific-Ridge-Reports-Full-ccn-1848754935.html?x=0&.v=1

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 13, 2011) - Pacific Ridge Exploration Ltd. (TSX VENTURE:PEX - News; the "Company") reported that it has received $125,000 from the exercise of 500,000 share purchase warrants with an exercise price of $0.25 and an expiry date of September 16, 2011.

Recently the Company announced the exercise of 6,099,967 share purchase warrants at a price of $0.15 for proceeds of $914,995 as well as the exercise of 67,200 share purchase warrants priced at $0.45 for proceeds of $30,240 (see August 23, 2011 news release). There are 3,878,150 share purchase warrants that remain to be exercised at an exercise price of $0.45 and an expiry date of December 22, 2011. The Company currently has 59,372,078 common shares issued and outstanding.

John S. Brock, President and CEO

Pacific Ridge Exploration Ltd.

FANTOMAS