THUNDER BAY, ON, Oct. 14, 2016 /CNW/ – PREMIER GOLD MINES LIMITED (PG:TSX) (“Premier” or the “Corporation”) is pleased to announce that it has completed a previously announced non-brokered private placement (the “Offering”) of common shares that are “flow-through shares” within the meaning of the Income Tax Act (Canada) (each, a “Flow-Through Share”) at a price of $5.00 per Flow-Through Share for aggregate gross proceeds of $4,534,250 on the sale of 906,850 Flow-Through Shares.