Prince Resource Corporation: Grants of Stock Options

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES OF AMERICA. ANY FAILURE TO COMPLY WITH THE RESTRICTION MAY
CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.


Prince Resource Corporation (the "PRC" or the "Corporation") (TSX VENTURE:PNR.H)
announced today that it has granted options to purchase up to 3,786,919 common
shares under PRC's stock option plan, to directors and officers of the
Corporation. Each option has an exercise price of $0.10 and expires on October
1, 2015.


This press release may contain forward-looking information. Forward-looking
information is generally identifiable by the terminology used, such as "plan",
"intend", "expect, "believe", "estimate", "should", "anticipate" and "potential"
or other similar wording. Forward-looking information in this press release
includes, but is not limited to the expiry dates of stock options. By its very
nature, the forward-looking information contained in this press release requires
PRC and its management to make assumptions that may not materialize or that may
not be accurate. In addition, the forward-looking information contained in this
press release is subject to known and unknown risks and uncertainties and other
factors, some of which are beyond the control of PRC, which could cause actual
results, expectations, achievements or performance to differ materially.
Although PRC believes that the expectations reflected in its forward-looking
information are reasonable, it can give no assurance that those expectations
will prove to be correct. PRC undertakes no obligation to update publicly or
revise any forward-looking information, whether as a result of new information,
future events or otherwise, expect as required by applicable securities laws.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Prince Resource Corporation
Roselia Ho
Corporate Secretary
[phone]
[e-mail]


Prince Resource Corporation
#115, 1925 - 18th Ave N.E.
Calgary, AB T2E 7T8