Prime Drink Group Announces Private Placement

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MONTREAL, Dec. 17, 2025 (GLOBE NEWSWIRE) — Prime
Drink Group Corp. (CSE: PRME) (“Prime” or the “Company”) announces that it is proceeding with a non-brokered private placement offering of units of the Company (the “Units”) to raise minimum gross proceeds of $300,000 and maximum gross proceeds of $5,000,000 (the “Unit Offering”).

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Each Unit will be offered at a price of $1,000 per Unit and is comprised of 16,667 common shares in the capital of the Company (the “Common Shares”) and 16,667 transferable share purchase warrants (the “Warrants”), resulting in the aggregate issuance of a minimum of 5,000,000 Common Shares and a maximum of 83,333,333 Common Shares issued at a deemed price per share of $0.06 and a minimum of 5,000,000 Warrants and a maximum of 83,333,333 Warrants. Each Warrant entitles the holder to purchase a Common Share at a price of $0.06 per Common Share for a period of three (3) years from the issuance date.

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The Company will pay a cash finders’ fee in connection with the closing of the Unit Offering equal to 6% of the proceeds received by the Company from subscribers to the Unit Offering introduced to the Company by such arm’s-length finders.

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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.

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The Company intends to use the net proceeds of the Unit Offering to develop its business and for general working capital purposes.

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About Prime Drink Group
Prime Drink Group Corp (CSE: PRME) is a Québec-based corporation focused on becoming a leading diversified holding company in the beverage, influencer media and hospitality sectors.

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This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities within the United States, and the securities may not be offered or sold in the United States, or to or for the account or benefit of any person in the United States or any U.S. person, unless registered under the U.S. Securities Act and applicable U.S. state securities laws, or pursuant to an exemption from such registration requirements described in the Circular. There shall be no offer or sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful absent registration or qualification of such securities under the laws of any such jurisdiction. “United States” and “U.S. person” are as defined in Regulation S under the U.S. Securities Act.

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Forward-Looking Information
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations (including negative and grammatical variations) of such words and phrases or statements that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information in this press release may include, without limitation, statements relating: (i) to the completion of the Unit Offering, (ii) the issuance of the underlying securities, (iii) receipt of all necessary approvals for the Unit Offering, and (iv) the intended use of proceeds of the Unit Offering.