PAPUAN PRECIOUS METALS CORP. (the “Company”), announces that it has granted incentive stock options to Directors, Officers, employees and consultants entitling them to purchase up to 5,800,000 shares in the capital of the Company subject to the policies of the TSX Venture Exchange. The options are exercisable until April 14, 2017 at a price of $0.05 per share.

ON BEHALF OF THE BOARD

“Dev Randhawa”

Dev Randhawa, CEO

For further information contact:

Greg Downey at 1.866.979.7022

Or email: info@ppmpng.com

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.