CALGARY, May 9, 2018 – PRIZE MINING CORPORATION (“Prize” or the “Company”) (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce its intention to complete a non-brokered private placement financing (the “Offering”) of up to 11,111,111 units (“Units”) of the Company at a price of $0.18 per Unit for aggregate gross proceeds of up to $2 million. The size of the Offering may be increased at the discretion of the Company due to market demand.