Prime Mining Closes C$10,000,000 Marketed Offering

VANCOUVER, British Columbia, June 12, 2020 (GLOBE NEWSWIRE) — Prime Mining Corp. (the “Company”) (TSX.V: PRYM) (OTCQB: PRMNF) (Frankfurt: A2PRDW) is pleased to announce the completion of an offering (the “Offering”) of 20,000,000 units of the Company (each, a “Unit”) at a price of C$0.50 per Unit for gross proceeds of C$10,000,000.  Each Unit consists of one common share of the Company (each, a “Common Share”) and one common share purchase warrant exercisable at a price of C$1.10 until June 12, 2025 (each, a “Warrant”).