Prize Mining Corporation
TSX VENTURE : PRZ

Prize Mining Corporation

March 17, 2009 13:03 ET

Prize Mining Corporation Announces 2009 Annual General Meeting

CALGARY, ALBERTA--(Marketwire - March 17, 2009) - Prize Mining Corporation ("Prize") (TSX VENTURE:PRZ) is pleased to announce that its annual general meeting of shareholders (the "Meeting") will be held on May 7, 2009, at the offices of Davis LLP, Suite 1000, 250 - 2nd Street SW, Calgary, Alberta, at 2:00 p.m. The record date for the Meeting is April 9, 2009.

Prize is currently in default of section 3.1 of TSX Venture Exchange (the "Exchange") Policy 3.2, for failing to hold an annual general meeting of shareholders within the last 15 months. Upon holding the annual general meeting of shareholders on May 7, 2009, Prize will be in compliance with section 3.1 of Policy 3.2. The Court of Queen's Bench of Alberta has granted Prize an Order which extends the period during which Prize may hold its next annual general meeting of shareholders to May 15, 2009. This disclosure is being provided at the request of the Exchange.

About Prize Mining

Prize Mining Corporation (TSX VENTURE:PRZ) is dedicated to the exploration, discovery and development of precious metal deposits. Prize is exploring for gold in the Atlin area of northwestern British Columbia, Canada and for nickel-copper-palladium and platinum on the Muskox Layered Intrusion in Nunavut, Arctic Canada.

ON BEHALF OF THE BOARD OF PRIZE MINING CORPORATION

Harry McGucken, President and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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