Prize Mining Corporation
The company's strategic focus is on developing near-term, low cost, gold production.
Message: Shares/Units
| November 26, 2008 |
| Prize Mining Corporation Corrects Details of Previous Release |
| CALGARY, ALBERTA--(Marketwire - Nov. 26, 2008) - Prize Mining Corporation ("Prize") (TSX VENTURE:PRZ) wishes to update a press release issued November 18, 2008 (the "Press Release"). The Press Release incorrectly stated that 600,000 common shares of Prize issued on a tax flow-through basis ("Flow-Through Shares") were issued. In fact, 300,000 Flow-Through Shares and 300,000 units of Prize ("Units") were issued. Each Unit consists of one common share ("Common Share") and one-half of one Common Share purchase warrant ("Warrant"). Each whole Warrant entitles the holder thereof to purchase one Common Share during the period expiring on November 17, 2009 at a price of $0.15 per Common Share. The securities issued pursuant to this private placement are subject to a statutory resale restriction period that expires March 18, 2009. 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. |
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