Prize Announces New Director and President

CALGARY, ALBERTA--(Marketwired - Jan. 19, 2015) - Prize Mining Corporation (NEX BOARD:PRZ.H) (the "Corporation" or "Prize") is pleased to announce that Bryson Goodwin has joined the Corporation's Board of Directors and will also be taking on the role as the Corporation's President. Mr. Goodwin has extensive experience as an executive officer in finance, sales, management and operations with both private and public companies. For over 25 years Mr. Goodwin has been engaged by a number of resource, energy, cleantech and technology firms in the areas of management, finance, business development, public and investor relations, marketing and sales. In this capacity he has acquired valuable experience operating companies listed on the Canadian and US stock exchanges, including public company management experience in the resource and energy sectors, which he brings to his new role at the company. Mr. Goodwin also has experience serving on the boards of a number of organizations and acts as an advisor to several private and public companies. He also consults for a number of investment capital companies and hedge funds as a resource and capital markets specialist.

"The Corporation is extremely pleased that Bryson has agreed to join our team," said Feisal Somji, Chairman of the Board. "With the current state of the markets we feel this is the time that companies like Prize need to put forward a concentrated effort in identifying attractive project or business opportunities. A dedicated person like Bryson will help the Corporation's current team drive its forward in this effort."

Feisal Somji will remain as CEO and Chairman of the Board.

About the Corporation

Prize is a Calgary based junior mining issuer incorporated under the laws of Alberta and is listed on the NEX board of the TSXV. Prize is engaged in the acquisition, exploration and development of mining properties in both Canada and in South America.

ON BEHALF OF THE BOARD OF

PRIZE MINING CORPORATION

Feisal Somji, President and CEO

Forward Looking Information

This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of additional assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the Corporation's disclosure documents on the SEDAR website at www.sedar.com. The Corporation does not undertake to update any forward-looking information except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States. These securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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