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PUGET VENTURES INC. ANNOUNCES WARRANT AMENDMENT

Novemeber 9, 2009

 Vancouver, British Columbia (November 9, 2009) Puget Ventures Inc. (the "Company") (TSXV:PVS) announces today that it has received approval from the TSX Venture Exchange for acceptance of an extension of the expiry date of up to 750,000 common share purchase warrants (the "Warrants") originally issued in connection with a private placement announced on December 19, 2007 and January 24, 2008.

The original terms specified that each Warrant was exercisable into one common share (a "Share") of the Company at a price of $0.75 per Share expiring on November 14, 2009. The term of the Warrants will be extended to expire on November 14, 2010. There are no other proposed changes to these Warrants.

About Puget Ventures Inc. (www.pugetventures.com)
Puget Ventures Inc. is a TSX Venture Exchange listed mineral exploration company that controls the Werner Lake Mineral Belt, including the advanced stage Werner West Copper Cobalt deposit, one of Canada's only primary cobalt properties, located in Northwestern Ontario. Puget is also currently exploring the Trout Bay copper-zinc property in Red Lake, Ontario.

For Further Information:
Ms. Erin Chutter, Puget Ventures Inc.
1588-609 Granville Street
PO Box 10322
Vancouver BC
V7Y 1G5
Tel: 604-808-6420
www.pugetventures.com
Email: info@pugetventures.com
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.

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Email:
info@pugetventures.com

Phone Number:
Office: 604-688-4219
Fax: 604-608-9342 / 604-688-4215

Address:
Suite 501 - 525 Seymour Street Vancouver, BC V6B 3H7

Website:
www.PugetVentures.com



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