Battery Metals

Puget Ventures Inc. (TSXV:PVS) filed and received a receipt for an amended and restated preliminary short form prospectus with respect to an offering of subscription receipts, amending and restating the preliminary short form prospectus dated January 13, 2012.

Puget Ventures Inc. (TSXV:PVS) filed and received a receipt for an amended and restated preliminary short form prospectus with respect to an offering of subscription receipts, amending and restating the preliminary short form prospectus dated January 13, 2012.

This amended and restated preliminary short form prospectus (the “short form prospectus”) qualifies the distribution (the “Offering”) of a minimum of 10,312,500 subscription receipts and a maximum of 26,668,250 subscription receipts (the “Subscription Receipts”) of the Company at a price of $0.60 per Subscription Receipt, for minimum total gross proceeds of $6,187,500 and maximum total gross proceeds of $16,000,950. Each Subscription Receipt will entitle the holder thereof to receive, without payment of additional consideration or further action, and subject to adjustment, upon the satisfaction of the Release Conditions (as defined in the short form prospectus), one unit of the Company (a “Unit”).

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