Article: Prize Mining Corporation Completes Private Placement of Units.

CALGARY, ALBERTA, Aug 19, 2008 (Marketwire via COMTEX) -- Prize Mining Corporation ("Prize") (TSX VENTURE:PRZ) is pleased to announce that it has closed a private placement offering of a combination of units ("Units") and common shares of Prize issued on a tax flow through basis ("Flow Through Shares"). A total of 1,955,000 Flow Through Shares at price of $0.10 per Flow Through Share and 100,000 Units at a price of $0.10 per Unit were issued for total gross proceeds of $205,500. Each Unit consists of one common share ("Common Share") and one-half of one Common Share purchase warrant ("Warrant"). Each whole Warrant entitles the holder thereof to purchase one Common Share during ...

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