Mr. Jean Gosselin reports

PRIME DRINK GROUP ANNOUNCES FIRST CLOSING OF PRIVATE PLACEMENT AND GRANT OF STOCK OPTIONS

Prime Drink Group Corp. has completed the first closing of its previously announced non-brokered private placement offering of units of the company for gross proceeds of $450,000. As a result, the company issued 7,500,015 common shares in the capital of the company and 7,500,015 warrants. Each warrant entitles the holder to purchase one common share at a price of six cents per share for a period of three years from the issuance date. No finder's fee was paid.

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 use the net proceeds of the unit offering to develop its business and for general working capital purposes.

Grant of stock options

The company has granted 3.5 million stock options under its stock option plan to a director and a consultant of the company, entitling them to acquire the same number of common shares of the company at a price of six cents per share for a period of three years.

About Prime Drink Group Corp.

Prime Drink Group 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.