PRIZE MINING PROPOSES CONTINUATION INTO BRITISH COLUMBIA, SHARE CONSOLIDATION AND NAME CHANGE

Prize Mining_24072019

Vancouver, British Columbia (July 24, 2019) – PRIZE MINING CORPORATION (“Prize” or the “Company”) (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) announces that at its Annual General and Special Meeting scheduled to be held on August 22, 2019 (the “Meeting”), shareholders will be asked to consider a special resolution to approve the continuation of the Company into the jurisdiction of British Columbia and to adopt a new set of Articles upon its continuation (the “Continuation”).  The Continuation must be approved by special resolution at the Meeting, which requires a majority of not less than two-thirds of the votes cast by the shareholders present at the Meeting in person or by proxy.

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