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Message: Shareholder Update

Byron Capital Markets Initiates Prodigy Gold With a Speculative Buy Rating and C$1.25 Target Price

Press Release Source: Byron Capital Markets On Wednesday April 27, 2011, 4:03 pm EDT

TORONTO, ONTARIO--(Marketwire - 04/27/11) - Byron Capital Markets Ltd. is pleased to announce that it has initiated coverage today on Prodigy Gold Inc. (TSX-V:PDG - News) with a Speculative Buy rating and a target price of $1.25.

In this 19-page research report, mining analyst Brian Szeto gives a comprehensive overview of the company, with focus on their flagship Magino gold project near Wawa, Ontario.

This report further exemplifies Byron Capital Markets' continuing commitment to research and, in particular, its ongoing efforts in the gold and mining sectors.

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