VANCOUVER, Jan. 8, 2019 /CNW/ - PRIZE MINING
CORPORATION ("Prize" or the "Company") (TSXV:PRZ)
(OTCQB:PRZFF) (MQSP:GR:FRANKFURT) discloses that the filings of the
Company's annual financial statements for the fiscal year ended
August 31, 2018, the related
management's discussion and analysis and the certification of the
annual filings for the year ended August 31,
2018 (collectively, the "2018 Annual Financial Statements")
were not completed by the deadline of December 31, 2018. As a result, the British
Columbia Securities Commission issued a cease trade order (the
"Cease Trade Order") on January 7,
2019 against the Company and securities have been halted
from trading on the TSX Venture Exchange.
The Company is actively working with its auditors to finalize
the 2018 Annual Financial Statements, which the Company hopes to
complete as soon as possible. Once the 2018 Annual Financial
Statements are finalized, the Company will seek to have the Cease
Trade Order revoked. The Company will be forthcoming with an update
on the 2018 Annual Financial Statements once the required filings
have been made.
Further, the Company wishes to advise that its head office has
moved to British Columbia and as a
result the principal regulator of the Company as of January 4, 2019 is the British Columbia
Securities Commission.
About Prize Mining Corp.
Prize is a junior mining issuer listed on the TSX Venture
Exchange. Prize is focused on the exploration and development
of the Manto Negro Copper Property in Mexico and the Kena Gold Property in BC.
Find out more at: www.prizemining.com
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Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Prize Mining Corporation