🕐15.02.12 - 19:00 Uhr

PRODIGY GOLD NAMED TO THE TSX VENTURE 50



======================================================================= News Release - February 14, 2012 Prodigy Gold Named to the TSX Venture 50� ======================================================================= Vancouver, British Columbia, February 15, 2012 � Prodigy Gold Incorporated (PDG: TSX.V; "Prodigy" or "Prodigy Gold") is pleased to announce that Prodigy has been named to the TSX Venture 50� .

The TSX Venture 50� are the top ten companies on the TSX Venture Exchange, in each of five major industry sectors - mining, oil and gas, technology and life sciences, diversified industries, and clean technology - based on a ranking formula with equal weighting given to return on investment, market cap growth, trading volume and analyst coverage.

All data was as of December 31, 2012.

Brian J.

Maher, President and CEO of Prodigy Gold commented: "Prodigy is very proud to have achieved this prestigious designation by the TSX Venture Exchange.

This recognition of our achievements over the past year validates our business plan and we look forward to continued progress in 2012.

I would like to personally thank every Prodigy employee, our management team and Prodigys Board of Directors for their key roles in achieving this designation". About Prodigy Gold: Prodigy Gold Inc.

(PDG: TSX.V) is currently evaluating the development of the Magino mine gold project in Ontario as an open-pit mining opportunity with the potential for deeper, higher grade gold production.

The Magino project contains Indicated gold resources of 2,176,000 ounces grading 1.00 gpt gold (67.6 million tonnes), and 1,721,000 ounces of Inferred gold resources grading 0.99 gpt gold (54.2 million tonnes) at a cut off grade of 0.35 gpt gold.

A Preliminary Economic Assessment (PEA) shows a pre-tax NPV of $939 million and an IRR of 36% using a 5% discount rate for the project (available on SEDAR or Prodigys web site).

The proposed operation would have total gold production of 2,614,000 ounces and an average annual gold output of 249,300 ounces a year during an eleven year project life.

Please note: mineral resources that are not mineral reserves do not have demonstrated economic viability.

The PEA is preliminary in nature and includes Inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves.

There is no certainty that the preliminary assessment will be realized. A full feasibility study for the proposed open pit mining project at Magino is scheduled for completion in late 2012.

Bringing the Magino mine project through the feasibility process and towards production, is a catalyst to growing Prodigy Gold and building substantial value for Prodigy shareholders: Todays Discovery, Tomorrows Future. All scientific and technical information for the Magino project has been reviewed and approved by Tom Pollock, P.Geo., Prodigy Gold�s Vice President � Exploration, who is a qualified person under the definitions established by National Instrument 43-101.

On behalf of the Board of Directors Brian J.

Maher President and Chief Executive Officer FOR FURTHER INFORMATION, PLEASE CONTACT: Prodigy Gold Incorporated Email: Website: www.prodigygold.com tel.: 1-604-688-9006 Fax: 1-604-688-9029 Prodigy Gold Inc.

was recognized as a TSX Venture 50� company in 2012.

TSX Venture 50 is a trade-mark of TSX Inc.

and is used under license.

This news release includes certain forward-looking statements or information.

All statements other than statements of historical fact included in this release, including, without limitation, statements relating to the potential mineralization and geological merits of the Magino mine property and other future plans, objectives or expectations of Prodigy Gold Incorporated (the "Company") are forward-looking statements that involve various risks and uncertainties.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Important factors that could cause actual results to differ materially from the Companys plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators.

The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

Neither 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.
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