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File: 04-17-2014 Prima Private Placement $320K Final.docx
FOR IMMEDIATE RELEASE
Prima Fluorspar Corp. Closes Private Placement - In Final Negotiation to Acquire the Past Producing Delgerkhaan Fluors
--->par Mine
VANCOUVER, BC, April 17, 2014. Prima Fluorspar Corp. (TSX-V: PF) ("Prima" or the "Company") announces the closing o
--->f the second tranche of a non-brokered private placement. The first tranche consisted of 750,000 Units (not 5,750,000
--->as previously announced) and the second tranche of 2,450,000 Units for a total of 3,200,000 Units ("Units") at C$0.10
--->per Unit for gross proceeds of $320,000. Each Unit consists of one common share of the Company and one common share pu
--->rchase warrant ("Warrant"). Each Warrant entitles the holder to purchase one common share of the Company at a price of
---> $0.15 per share for a period of two years from closing.
All of the securities issued are subject to a four month hold period, and may be subject to certain escrow provisions
--->as required by the regulatory authorities and the TSX Venture Exchange. Finder's fees are payable in connection with t
--->his transaction of $1,200.00 cash and 12,000 warrants exercisable at $0.15 for two years from closing.
Prima is in the process of final negotiation of a share exchange agreement to acquire Delgerkhaan, a prolific, past-pr
--->oducing fluorspar mine in Mongolia owned by funds affiliated with Firebird Management LLC via RTO transaction (see Pri
--->ma's September 3, 2013 news release).
Proceeds will be primarily dedicated to the RTO transaction, for continued work on the Company's Liard Fluorspar prope
--->rty and for general corporate purposes.
Firebird Management LLC
Firebird, a New York-based fund management company registered with the U.S. SEC, manages several of the top performing
---> funds globally with a focus on emerging markets. Firebird has been working in Mongolia for over 8 years and has signi
--->ficant infrastructure on the ground, including an affiliated 50-person office in the Mongolian capital, Ulaanbaatar. S
--->haryn Gol JSC, a Firebird-controlled Mongolian coal producer, recently entered into a $10 million loan facility from t
--->he European Bank for Reconstruction and Development (EBRD) to supply washed coal and smokeless fuel briquettes to indu
--->strial consumers and households in Ulaanbaatar. http://www.news.nom.co/sharyn-gol-jsc-obtains-10-million-usd-7773944-n
--->ews/
Mongolia and the Resource Sector
Mongolia is rich in fluorspar with 139 fluorspar deposits and 700 identified fluorspar prospects.
Resources account for 80% of Mongolia's exports and 50% of its revenue.
Mongolia new liberal investment law took effect November 1, 2013. The law demonstrates the Mongolian government's comm
--->itment and support for foreign resource investment.
About Prima and the RTO Transaction
Upon completion of the RTO transaction, Prima will be positioned as a significant fluorspar company with near-term pro
--->duction and cash flow potential. At that point Firebird will be Prima's major shareholder and James Passin, Firebird's
---> fund manager will become the Chair of Prima's Board of Directors.
For more information, please contact Tyler Lowes at 604-681-1568 or via email tlowes@primafluorspar.com. Please visit
---> our website @ http://primafluorspar.com/.
We look forward to hearing from you.
ON BEHALF OF THE BOARD
PRIMA RESOURCES CORP.
"Robert Bick"
Robert Bick
President and CEO
Tel: 604.681.1568
rbick@primafluorspar.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Statements
Statements in this news release that are not historical facts are forward-looking statements that are subject to risks
---> and uncertainties. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "
--->believes" and words of similar import also identify forward-looking statements. Actual results may differ materially f
--->rom those currently anticipated due to a number of factors beyond the Company's control. Forward looking statements in
---> this news release include the completion of the reverse takeover, acquisition of the Delgerkhaan mine and the referen
--->ce to near term production and cash flow potential. These forward-looking statements are made as of the date of this
--->news release and, except as required by applicable laws, the Company assumes no obligation to update these forward-loo
--->king statements, or to update the reasons why actual results differed from those projected in the forward-looking stat
--->ements.
File: 04-17-2014 Prima Private Placement $320K Final.pdf
FOR IMMEDIATE RELEASE
Prima Fluorspar Corp. Closes Private Placement � In
Final Negotiation to Acquire the Past Producing
Delgerkhaan Fluorspar Mine
VANCOUVER, BC, April 17, 2014. Prima Fluorspar Corp. (TSX-V: PF) ("Prima" or the "Company")
announces the closing of the second tranche of a non-brokered private placement. The first tranche
consisted of 750,000 Units (not 5,750,000 as previously announced) and the second tranche of 2,450,000
Units for a total of 3,200,000 Units ("Units") at C$0.10 per Unit for gross proceeds of $320,000. Each Unit
consists of one common share of the Company and one common share purchase warrant ("Warrant").
Each Warrant entitles the holder to purchase one common share of the Company at a price of $0.15 per
share for a period of two years from closing.
All of the securities issued are subject to a four month hold period, and may be subject to certain escrow
provisions as required by the regulatory authorities and the TSX Venture Exchange. Finder's fees are
payable in connection with this transaction of $1,200.00 cash and 12,000 warrants exercisable at $0.15
for two years from closing.
Prima is in the process of final negotiation of a share exchange agreement to acquire Delgerkhaan, a
prolific, past-producing fluorspar mine in Mongolia owned by funds affiliated with Firebird Management
LLC via RTO transaction (see Prima's September 3, 2013 news release).
Proceeds will be primarily dedicated to the RTO transaction, for continued work on the Company's Liard
Fluorspar property and for general corporate purposes.
Firebird Management LLC
Firebird, a New York-based fund management company registered with the U.S. SEC, manages several of
the top performing funds globally with a focus on emerging markets. Firebird has been working in
Mongolia for over 8 years and has significant infrastructure on the ground, including an affiliated 50-
person office in the Mongolian capital, Ulaanbaatar. Sharyn Gol JSC, a Firebird-controlled Mongolian coal
producer, recently entered into a $10 million loan facility from the European Bank for Reconstruction and
Development (EBRD) to supply washed coal and smokeless fuel briquettes to industrial consumers and
households in Ulaanbaatar. http://www.news.nom.co/sharyn-gol-jsc-obtains-10-million-usd-7773944-
news/
Mongolia and the Resource Sector
Mongolia is rich in fluorspar with 139 fluorspar deposits and 700 identified fluorspar prospects.
Resources account for 80% of Mongolia's exports and 50% of its revenue.
Mongolia new liberal investment law took effect November 1, 2013. The law demonstrates the Mongolian
government's commitment and support for foreign resource investment.
About Prima and the RTO Transaction
Upon completion of the RTO transaction, Prima will be positioned as a significant fluorspar company with
near-term production and cash flow potential. At that point Firebird will be Prima's major shareholder
and James Passin, Firebird's fund manager will become the Chair of Prima's Board of Directors.
Suite 1450 � 789 West Pender Street, Vancouver, British Columbia, Canada V6C 1H2
Tel: 604.681.1568 Fax: 604.681.8240 www.primafluorspar.com
For more information, please contact Tyler Lowes at 604-681-1568 or via email
tlowes@primafluorspar.com. Please visit our website @ http://primafluorspar.com/.
We look forward to hearing from you.
ON BEHALF OF THE BOARD
PRIMA RESOURCES CORP.
"Robert Bick"
Robert Bick
President and CEO
Tel: 604.681.1568
rbick@primafluorspar.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Statements
Statements in this news release that are not historical facts are forward-looking statements that are subject to risks
and uncertainties. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely",
"believes" and words of similar import also identify forward-looking statements. Actual results may differ materially
from those currently anticipated due to a number of factors beyond the Company's control. Forward looking
statements in this news release include the completion of the reverse takeover, acquisition of the Delgerkhaan mine
and the reference to near term production and cash flow potential. These forward-looking statements are made as
of the date of this news release and, except as required by applicable laws, the Company assumes no obligation to
update these forward-looking statements, or to update the reasons why actual results differed from those projected
in the forward-looking statements.
Suite 1450 � 789 West Pender Street, Vancouver, British Columbia, Canada V6C 1H2
Tel: 604.681.1568 Fax: 604.681.8240 www.primafluorspar.com
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