Prize Mining Corporation
TSX VENTURE : PRZ

Prize Mining Corporation

December 22, 2010 17:09 ET

Prize Mining Sells Shares of Eagle Plains

CALGARY, ALBERTA--(Marketwire - Dec. 22, 2010) - Prize Mining Corp. (TSX VENTURE:PRZ) (the "Corporation") announces that the Corporation has now completed the sale of 500,000 shares of Eagle Plains Resources. These shares were the free trading portion of the two million shares issued to Prize as partial payment for the sale of the Company's portion of the Yellowjacket Project at Atlin, BC (see news release dated June 10, 2010).

Proceeds from the sale of these shares will be used for general working capital purposes.

ON BEHALF OF THE BOARD OF PRIZE MINING CORPORATION

James Glass, 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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