Mr. Simon Cheng reports

PATTERSON METALS ANNOUNCES PRIVATE PLACEMENT

Patterson Metals Corp. will offer up to 3,703,704 units by way of a non-brokered private placement at a price of 27 cents per unit for gross proceeds of up to $1-million. Each unit will consist of one common share of the company and one common share purchase warrant entitling the holder to acquire an additional common share at a price of 36 cents for a period of 36 months.

In connection with completion of the offering, the company may pay finders' fees to eligible parties that assisted in introducing subscribers to the company. All securities to be issued in connection with the offering will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws. Completion of the offering remains subject to approval of the TSX Venture Exchange.

About Patterson Metals Corp

Patterson Metals is a mineral exploration company with a focus on uranium. The company creates value for its shareholders by engaging in promising mineral exploration opportunities. The company's main goal is the advancement of various projects from discovery all the way to production. This vertically integrated strategy allows the company to achieve exceptional shareholder value through the entire life cycle of the mining process.

We seek Safe Harbor.