Prize Mining Corporation
The company's strategic focus is on developing near-term, low cost, gold production.
Message: Extends Expiry Date of Outstanding Warrants
| January 26, 2009 |
| Prize Mining Corporation Extends Expiry Date of Outstanding Warrants |
| CALGARY, ALBERTA--(Marketwire - Jan. 26, 2009) - Prize Mining Corporation ("Prize") (TSX VENTURE:PRZ) is pleased to announce that it has extended the expiry date of certain of its outstanding common share purchase warrants. In 2007, the Corporation issued 6,235,000 warrants expiring on May 3, 2009 and 1,980,000 warrants expiring on June 14, 2009, both having an exercise price of $0.35 per common share. In 2008, the Corporation issued 2,200,000 warrants expiring on February 29, 2009, having an exercise price of $0.20 per common share, 50,000 warrants expiring on August 18, 2009, 102,500 warrants expiring on September 9, 2009 and 150,000 warrants expiring on November 17, 2009, each having an exercise price of $0.15 per common share. The Corporation has extended the expiry date of all such warrants until August 31, 2010. The extension of the term of the warrants has been approved by the TSX Venture Exchange. For further information on the original issuance of the warrants, please refer to the press releases of Prize dated May 3, 2007, June 14, 2007, February 29, 2008, August 19, 2008, September 11, 2008, November 18, 2008 and November 26, 2008 filed on SEDAR. About Prize Mining Prize Mining Corporation (TSX VENTURE:PRZ) is dedicated to the exploration, discovery and development of precious metal deposits. Prize is exploring for gold in the Atlin area of northwestern British Columbia, Canada and for nickel-copper-palladium and platinum on the Muskox Layered Intrusion in Nunavut, Arctic Canada. ON BEHALF OF THE BOARD OF PRIZE MINING CORPORATION Harry McGucken, President and CEO |
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