ME MEET ETING ING THE THE DEM DEMAND ANDS S OF AN OF AN ELECTRI ELEC TRIFIED FIED WORLD ORLD HIGH GRADE COP P E R IN M E XICO CORPORATE PRESENTATION TSX.V: PRZ OTCQB: PRZFF FSE: MQSP Q2/2018
Cautionary Statement FORWARD LOOKING STATEMENTS This presentation contains forward-looking information and forward-looking statements within the meaning of applicable Canadian securities laws. These forward-looking statements may include statements regarding the perceived merit of properties, exploration results and budgets, mineral resource estimates, the potential to increase estimated minerals resource work programs, capital expenditures, operating costs, resource estimates and similar statements relating to the economic viability of a project, timelines, strategic plans, including the Corporation’s plans and expectations relating to t he Manto Negro Copper properties (collectively, Manto Negro”), the Kena and Daylight Gold -Copper properties (collectively, “Kena”) and the Toughnut property in the Nelson area of British Columbia and market prices for precious metals, or other statements that are not statements of fact. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Statements co ncerning mineral resource estimates may also be deemed to constitute “forward - looking statements” to the extent that they involve estimates of the mineralization that will be encountered if the property is developed. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Forward-looking statements and forward-looking information are not guarantees of future performance and are based upon a number of estimates and assumptions of management at the date the statements are made including without limitation, assumptions about: future prices of copper, gold and other metal prices, the success of proposed exploration and development activities, successful exploration and development of the Manto Negro, Kena and Toughnut properties, favourable operating conditions, political stability, obtaining governmental approvals and financing on time, obtaining renewals for existing licences and permits and obtaining required licences and permits, government regulation of the Corporation’s activities, environmental risks and expenses, labour stability, stability in market conditions, availability of sufficient equipment and labour, accuracy of any mineral resources and anticipated costs and expenditures and the Corporation’s ability to achieve the Corporation’s goals. While the Corporation consider these assumptions to be reasonable, the assumptions are inherently subject to significant business, social, economic, political, regulatory, competitive and other risks and uncertainties, contingencies and other factors that could cause actual performance, achievements, actions, events, results or conditions to be materially different from those projected in the forward-looking statements, including price volatility of the Corporation’s securities, further potential of the Corporation’s properties, the need for additional capital and the Corporation’s ability to raise additional funds, land title issues and risks, local community issues, the estimation of mineral resources, conclusions of economic evaluations, the realization of mineral resource estimates, the timing and amount of estimated future production, quality and marketability of mineral product, limited lives of mines, reclamation obligations, the costs of production, capital expenditures, mining or processing issues, currency exchange rates, government regulation of mining operations, environmental risks, risk relating to infrastructure, permitting and licenses, litigation, mining tax regimes, insurance and uninsured risks, competition, adequacy of financial resources, no historical production or revenues therefrom, dependence on outside parties, dependence on key personnel, conflicts of interest and other risks of the mining industry and those factors disclosed under the heading “Risk Factors” in the Corporation’s documents filed from time to time with the securities regulators in the provinces of Canada. This list is not exhaustive of the factors that may affect any of the forward- looking statements. Forward-looking statements are statements about the future and are inherently uncertain, and the Corporation’s actual achievements or other future events or conditions may differ materially from those reflected in the forward-looking statements. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results, performance or achievements of the Corporation, or industry results, may vary materially from those described in this presentation. In addition, a number of other factors could cause the actual results, performance or achievements of the Corporation to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Corporation at the time of preparation, may prove to be incorrect and readers are cautioned not to place undue reliance on forward-looking information, which speaks only as of the date hereof. The Corporation does not undertake any obligation to release publicly any revisions to forward-looking information contained herein to reflect events or circumstances that occur after the date hereof or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws. SCIENTIFIC AND TECHNICAL INFORMATION A copy of the technical report titled “Technical Report Manto Negro Property Coahuilla State, Mexico” date March 27, 2018 by Norwest Consultants Ltd. of Calgary, Alberta is available on the Prize Mining web site at www.prizemining.com or on SEDAR profile of Prize at www.sedar.com.. A copy of the technical report for the Kena Project entitled “Technical Report for the Kena Project, Nelson, BC” dated June 2, 2017 with an effective date of January 7, 2017 (the “Report”) prepared for Prize Mining Corporation by Vivian Park, P. Geo., VPG Geosciences, and Gary H. Giroux, P.Eng., Giroux Consultants Limited (Ltd.), is available on SEDAR profile of Prize at www.sedar.com. No material work has been undertaken on the Kena Project since the effective date of the Report. Please refer to the Report For additional information regarding the Kena Project. UNITED STATES SECURITIES ACT OF 1933 The securities of Prize Mining offered for sale on a private placement basis have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U .S. Securities Act”), or any state securities laws. Accordingly, the securities offered thereby may not be offered, sold or delivered within the United States of America, its territories or possessions (the “United States”), or to or for the benefit or account of any U.S. person (as defined in Regulation S under the U.S. Securities Act), except in transactions exempt from such registration. 2
Investment Highlights The Manto Negro Project • High grade district scale oxide copper project in Coahuila State, northeastern Mexico • Red Bed Kuperschiefer style oxide copper with grades at surface from 1% to over 3% Cu • Metallurgical testing suggests strong recoveries (93%) in reasonable timeframe with low acid consumption • 17,600 hectares of land, 100 % owned, no royalties, 30+ high grade showings over a 50 kilometer trend • Near term resource development and production opportunity The Market • Copper demand and prices have been steadily increasing with the global electrification of society only set to accelerate. This market will remain very strong for many years The Company and the Team • Expert management and board with proven success of creating shareholder value by building valuable mining companies around the world • Prize has two valuable and strategic assets with copper in Mexico and gold and silver in British Columbia • We have the management, operators and vision to leverage these unique opportunities 3
Prize Mining Team and Capital Structure Executive Management and Board Capital Structure Michael McPhie, B.Sc., M.Sc., QEP - Shares Outstanding: 56,416,864 President and CEO, Director 9,173,985 Warrants @ $0.50: Feisal Somji, B.Sc., MBA - Executive 5,900,000 Options @ $0.50: Chairman Fully Diluted: 74,490,849 Robert Archer, P.Geo. – Director Cash on Hand*: Approx. C$1.4 mm David Schmidt, B.Asc. – Director Approx. Insider Ownership: Raul Ramirez, BA – Director 11.5% * As of end of February 28, 2018 Tom Pierce, CA - CFO 4
Copper Market • Copper is currently in a supply deficit which is likely to increase over the next three to five years. A Chinese economic recovery, rising demand from electric vehicle manufacturers and US and Asian infrastructure plans are all driving copper demand and improved prices. • Against rising demand, supply is insufficient. Demand is expected to rise from 23 million tonnes this year to 25.1 million tonnes in 2022. Mine supply will lag, reaching 21-21.5 million tonnes by 2021. That is a serious supply gap . • New copper projects are limited due to low grades, high capital costs, remote locations and long permitting and development timelines. 5
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