Mr. Jean Gosselin reports

PRIME DRINK GROUP ANNOUNCES PRIVATE PLACEMENT AND AGREED RESOLUTION WITH CREDITORS

Prime Drink Group Corp. is proceeding with a non-brokered private placement offering of units of the company to raise minimum gross proceeds of $1.2-million and maximum gross proceeds of $2.2-million.

Each unit will be offered at a price of $10,000 per unit and is composed of 200,000 common shares in the capital of the company and 200,000 transferable share purchase warrants, resulting in the aggregate issuance of a minimum of 24 million common shares and of a maximum of 44 million common shares issued at a deemed price per share of five cents and a minimum of 24 million warrants and a maximum of 44 million warrants. Each warrant entitles the holder to purchase a common share at a price of 10 cents per common share for a period of one year from the issuance date.

The units are offered by way of private placement pursuant to exemptions from prospectus requirements under applicable securities laws. The securities underlying the units issued pursuant to the unit offering are subject to resale restrictions, including a hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws. The unit offering is subject to the final approval of the Canadian Securities Exchange and any other applicable regulatory approvals.

The company intends to allocate $1.0-million of the net proceeds of the unit offering to finalize its agreed settlement with creditors and the balance to general working capital purposes.

About Prime Drink Group Corp.

Prime Drink is a Quebec-based corporation focused on becoming a leading diversified holding company in the beverage, influencer media and hospitality sectors.

We seek Safe Harbor.