On 5 June 2018, Prairie Mining Limited was notified via the filing of a Form 603 with ASX that CD Capital Natural Resources Fund III LP (CD Capital) had provided notice of initial substantial holder (as defined by the Corporations Act 2001) of the Company as of 30 May 2018, following the conversion of a convertible loan note with a principal amount of A$15,000,000, exchangeable into 44,776,120 ordinary shares. CD Capital now holds 44,776,120 ordinary shares, representing 17.43% of the Company’s issued share capital.

For further information please contact:

Prairie Mining Limited	Tel: +44 207 478 3900
Ben Stoikovich, Chief Executive Officer	Email: info@pdz.com.au
Sapan Ghai, Head of Corporate Development