Prize Mining Corporation
TSX VENTURE : PRZ

Prize Mining Corporation

June 27, 2008 11:34 ET

Prize Mining Corporation Announces Tim Bergen's Resignation

CALGARY, ALBERTA--(Marketwire - June 27, 2008) - Prize Mining Corporation (TSX VENTURE:PRZ) ("Prize") is pleased to announce Tim Bergen has resigned from its Board of Directors. Mr. Bergen tendered his resignation in recognition of the conflict of interest presented due to his serving as the Corporate Secretary of Teras Resources Inc., a party in the business combination proposed to be completed by Prize as announced by Prize in its June 26, 2008 news release.

Prize wishes to thank Mr. Bergen for his years of service and his commitment to Prize.

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

The TSX Venture Exchange Inc. has neither approved nor disapproved the information contained herein.

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