Prince Resource Corporation: Grants of Stock Options

CALGARY, ALBERTA--(Marketwired - Dec. 17, 2013) -

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Prince Resource Corporation (the "PRC" or the "Corporation") (TSX VENTURE:PNR.H) announced today that it has granted options to purchase up to 3,786,919 common shares under PRC's stock option plan, to directors and officers of the Corporation. Each option has an exercise price of $0.10 and expires on October 1, 2015.

This press release may contain forward-looking information. Forward-looking information is generally identifiable by the terminology used, such as "plan", "intend", "expect, "believe", "estimate", "should", "anticipate" and "potential" or other similar wording. Forward-looking information in this press release includes, but is not limited to the expiry dates of stock options. By its very nature, the forward-looking information contained in this press release requires PRC and its management to make assumptions that may not materialize or that may not be accurate. In addition, the forward-looking information contained in this press release is subject to known and unknown risks and uncertainties and other factors, some of which are beyond the control of PRC, which could cause actual results, expectations, achievements or performance to differ materially. Although PRC believes that the expectations reflected in its forward-looking information are reasonable, it can give no assurance that those expectations will prove to be correct. PRC undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, expect as required by applicable securities laws.

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