Perseus Closes Warrant Underwriting Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

PERTH, Western Australia, April 30, 2019 (GLOBE NEWSWIRE) -- As previously announced on April 24, 2019, Perseus Mining Limited (“Perseus” or the “Company”) (ASX/TSX PRU) confirms that it has today issued 71,706,803 fully paid ordinary shares in the Company, being the underwritten shortfall of unexercised warrants that expired on April 19, 2019, at A$0.44 per share to institutional investors.

To discuss any aspect of this announcement, please contact:

Managing Director:                   Jeff Quartermaine at telephone +61 8 6144 1700 or email jeff.quartermaine@perseusmining.com;
General Manager BD & IR:       Andrew Grove at telephone +61 8 6144 1700 or email andrew.grove@perseusmining.com
Media Relations:                       Nathan Ryan at telephone +61 4 20 582 887 or email nathan.ryan@nwrcommunications.com.au (Melbourne)