Vancouver, B.C. - July 22, 2008 - Pacific Ridge Exploration Ltd. (TSX Venture: PEX) (the "Company") reports an agreement to retain G2 Consultants Corporation of Vancouver, B.C., to provide financial public relations services. G2 Consultants will assist the Company in expanding its profile and conveying the Company's key messages to the investment community beyond the Company's existing investor base in North America.
Under the terms of the agreement, the Company has retained G2 Consultants for a twelve-month period effective June 15, 2008 and expiring June 14, 2009, subject to a 30-day termination notice. G2 Consultants will be paid $8,000 per month plus approved expenses for selected services. Barry D. Russell, principal of G2 Consultants Corporation and Pacific Ridge Exploration Ltd. are at arm's length. The agreement is subject to TSX-V Exchange approval.
About G2 Consultants Corporation:
Based in Vancouver, B.C., G2 Consultants is a full-service consulting firm that assists public companies in achieving their marketplace objectives. G2 provides its clients with a comprehensive suite of services, including: strategic consulting, corporate communications, administration, creative and design services.
"John S. Brock"
John S. Brock
For further information, contact:
Pacific Ridge Exploration Ltd.
John S. Brock
Tel: (604) 604.641.2759
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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, exploitation activities and events or developments that Pacific Ridge Exploration Ltd. ("Pacific Ridge") expects to occur, are forward-looking statements. 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 in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing and general economic, market or business conditions. 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.