Paterson Resources Ltd. advises that Mr. Greg Entwistle has been appointed as non-executive director of the Company. Greg is an experienced mining executive who has functioned in multiple countries worldwide. He has played a key role in the development of mines across many commodities.

Greg has over 40 years' experience in design, development and operations in various roles including as a project director, mine manager and Chief Operations Officer. Mr. Nick Johansen has tendered his resignation as non-executive director and chairman of Paterson with immediate effect. Mr. Ken Banks will resume the role of non-executive chairman of the Company.