Prize Announces Reactivation and Graduation

Calgary, Alberta– (Marketwired – April 26, 2017) – PRIZE MINING CORPORATION (“Prize” or the “Company”) (NEX:PRZ.H) is pleased to that it has obtained the final acceptance of the TSX Venture Exchange (the “TSXV”) of its recently completed non-brokered private placement and acquisition 1994854 Alberta Ltd. as previously announced on April 13, 2017. The acceptance of these transactions has resulted in the reactivation and graduation of the Company to the TSXV as a Tier 2 mining issuer effective April 27, 2017.

Reactivation and Trading

The Company’s common shares will resume trading at the opening of trading of trading April 27, 2017 on the TSXV under the symbol “PRZ”.

About Prize

Prize is a Calgary based junior mining issuer with offices in Calgary, Alberta and is listed on the TSX Venture Exchange. Prize is engaged in the acquisition, exploration and development of mining properties.

For further information, please contact Feisal Somji, Chief Executive Officer by telephone at 403.236.2222.

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.

Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws.