PAPUAN PRECIOUS METALS CORP. (TSX VENTURE:PAU)(OTCQX:PAUFF) ("PPM or the "Company") has received the resignation of Mr. Steven Kahn who is leaving the Board to focus on other projects. The remaining Board of Directors, management and staff would like to genuinely thank Mr. Kahn for his participation on the Board and for his efforts as Corporate Secretary. We wish him all the best in his future endeavors.

About Papuan Precious Metals Corp.

PPM is engaged in the acquisition, exploration and development of mineral properties focusing on Copper-Gold porphyries in Papua New Guinea.

ON BEHALF OF THE BOARD

Dev Randhawa, Chairman and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Papuan Precious Metals Corp. Greg Downey 1.866.979.7022info@ppmpng.com www.ppmpng.com