November 25, 2013, Vancouver, British Columbia - Premium Exploration Inc. (TSX-V: PEM; OTC Pink Current: PMMEF) ("Premium" or the "Company") is pleased to announce the appointment of Cesar Lopez to its Board of Directors.

Mr. Lopez, LL.M, is the founder of Santiago based law firm, Lopez & Ashton. He has extensive experience in corporate and international law, with a focus on the natural resources, including energy, mining and mineral exploration sectors in North America, Latin America and Europe. His experience covers deal negotiations, joint ventures, initial public offerings, project finance, private equity and mergers and acquisitions. He has worked with large and small corporations, major and junior mining companies, international and local banks and financial institutions, negotiated energy and water transactions, environmental permitting and other project related permitting. He is fluent in English and Spanish and conversant in Italian and Portuguese.

His experience in the executive management of mineral exploration companies includes current President & CEO of Seafield Resources, Ltd., current Chairman of Aegean Metals Group, former CEO and founding partner of AQM Copper, Inc., founder and former Director of Centenario Copper Corporation and of White Mountain Titanium Corporation. Mr. Lopez has a Law Degree from the Universidad Gabriela Mistral (Chile), a Master's Degree in International Law from Golden Gate University (USA), a candidate for Master of Science in Mineral Economics from the Universidad de Chile, Diploma in Marketing from UC Berkeley.

The Company also announces the resignation of Del Steiner from his position as Chairman of the Board and from the Board of Directors. The Board has appointed Mr. John Ryan as Chairman of the Board in his place.

The Board wishes to thank Mr. Steiner for his years of service to the Company and wishes him well in his future endeavours.

About Premium Exploration Inc.

Premium is focused on gold exploration at its district-sized land package along the Oro Grande Shear Zone (the "OSZ") in North-Central Idaho, USA. The OSZ is a 30+ km regionally significant trending structure with multiple known zones of gold mineralization and, similar to many large productive gold belts, such as Carlin Trend in Nevada. Premium has a proven exploration strategy, 30 km of drill-ready targets, and is well positioned to create shareholder value through exploration and development of this emerging gold district. For additional information, please visit us at www.premiumexploration.com.

For more information, please contact:

Mr. John Ryan, President & Chief Executive Officer

Premium Exploration Inc.

P: (208) 769-3519

F: (604) 682-2499

E: jryan@premiumexploration.com

Neither the 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.

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