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Platinum Communications Option Grant

Platinum Communications Option Grant

Platinum Communications Corp. (TSX-V: PCS) today announced that subject to regulatory approval, options to acquire up to 250,000 common shares of the Corporation were granted today to James H. Ross, Director, pursuant to the Corporation’s stock option plan. The options are for a five year term, expiring on July 15, 2018, and are exercisable at a price of $0.10 per share. The share price on the last trading day before the option grant was $0.09.

Platinum Communications Corporation (TSX-V: PCS) is a leading provider of superior quality fixed wireless Internet and Broadband solutions in Alberta. Based in Calgary, Platinum operates a wireless broadband network that utilizes Next-Generation Wimax technology to bring fast, reliable and affordable Internet and digital phone service to residents and businesses across the province. Serving more than 12,500 customers in over 180 communities, Platinum caters primarily to rural and near-urban markets that are often beyond the reach of traditional Internet providers. Platinum’s high quality infrastructure, excellent service record and ever-growing network and capabilities, make it the provider of choice for customers within its vast coverage area. For more information please visit our website at www.platinum.ca or call 403-301-4591.

This news release may contain forward-looking statements. These forward-looking statements do not guarantee future events or performance and should not be relied upon. Actual outcomes may differ materially due to any number of factors or uncertainties, many of which are beyond Platinum's control. Some of these risks and uncertainties may be described in Platinum's corporate filings (posted at www.sedar.com). Platinum has no intention or obligation to update or revise any forward-looking statements due to new information or events.

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 news release.

For further information please contact:

Bernard Parkinson, CEO             Katherine Kirkup, CFO
 

Phone (403) 301-4591

Phone (403) 301-4594

(PCS)http://www.platinum.ca



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