PXP Pitchstone Exploration Ltd.

Pitchstone Exploration Ltd. (TSX VENTURE: PXP) ("Pitchstone" or the "Company") is pleased to announce that it has granted a total of 910,000 stock options to Directors, Officers and Employees of the Company. The options have an exercise price of $0.43 and will expire on December 1, 2015.

About Pitchstone

Pitchstone is exploring for uranium in three proven districts in Canada and Namibia. The property portfolio features 12 projects in the eastern Athabasca Basin, Saskatchewan, four of which are 100% owned. In addition, there is a joint venture on two projects in Namibia and several joint venture projects in the Hornby Bay Basin, Nunavut. Pitchstone benefits from the collaboration of a unique group of geologists with extensive uranium exploration and production experience.

On behalf of the Board,

Steven J. Blower, President and CEO

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

Contacts: Pitchstone Exploration Ltd. Claire Stewart 604 630 5563 Pitchstone Exploration Ltd. Mark T. Brown CFO 604 687 3520 www.pitchstone.net