Prospero Silver Corp.
Prospero Silver Corp.
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News Releases
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October 22, 2015
Prospero Announces Private Placement

October 22, 2015 - Vancouver, B.C. - Prospero Silver Corp. (TSXV: PSL) ("Prospero" or the "Company") is pleased to announce that it will undertake a non-brokered private placement of up to 4 million Units (the "Units") at a price of $0.075 per Unit, for gross proceeds of up to $300,000 (the "Offering"). Each Unit will consist of one common share (a "Share") of Prospero and one non-transferable share purchase warrant (a "Warrant") exercisable for a term of 5 years. Each Warrant will entitle the h... (6 KB)
June 15, 2015
Prospero to Complete 5:1 Share Consolidation

Vancouver, B.C. - Prospero Silver Corp. (TSXV: PSL) ("Prospero" or the "Company") is pleased to announce that the previously disclosed proposed consolidation of the common shares of the Company on the basis of five pre-consolidation shares for one post-consolidation share (the "Consolidation") will take effect, subject to final acceptance by the TSX Venture Exchange, on or about June 15, 2015 under new CUSIP number 743624207. There will be no name change or trading symbol change in conjunction w... (4 KB)
April 08, 2015
Prospero Silver and CIC Resources Sign Definitive Agreement to Joint Venture the El Petate Project

Vancouver, B.C. - Prospero Silver Corp. (TSXV: PSL) ("Prospero" or the "Company") is pleased to announce that it has signed a binding agreement dated April 2, 2015 (the "Agreement") with CIC Resources Inc., a privately-held company incorporated under the laws of the Cayman Islands ("CIC") pursuant to which Prospero granted CIC an option on the El Petate property in Hidalgo State, Mexico. Under the terms of the Agreement, CIC has the option to earn a 56% interest within 4 years by incurring t... (5 KB)
January 30, 2015
NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES JANUARY 30, 2015 PROSPERO ANNOUNCES CLOSING OF $200,000 CONVERTIBLE LOAN

Vancouver, B.C. - Prospero Silver Corp. (TSXV: PSL) ("Prospero" or the "Company") is pleased to announce that it has closed the previously announced convertible loan financing with seven lenders for loans in the aggregate amount of $200,000 (the "Loans"). The Loans have an outside term of five years, and will bear simple interest at a rate of 6.0% per annum, with such interest to accrue and be added to the principal of the Loans as part of any conversion into Conversion Units (as defined belo... (8 KB)
December 31, 2014
NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES PROSPERO ANNOUNCES $185,000 CONVERTIBLE LOAN

Vancouver, B.C. - Prospero Silver Corp. (TSXV: PSL) ("Prospero" or the "Company") announces that it has entered into a convertible loan agreement with six lenders for loans in an aggregate amount of $185,000 (the "Loans") to fund its ongoing exploration and general working capital requirements. The Loans will have an outside term of five years, and will bear simple interest at a rate of 6.0% per annum, with such interest to accrue and be added to the principal of the Loans as part of any conv... (8 KB)
November 18, 2014
Prospero Silver Announces Filing Of NI 43-101 Technical Report On The San Luis Del Cordero Project

Vancouver, B.C. - Prospero Silver Corp. (TSXV: PSL) ("Prospero" or the "Company") reports that it has filed a technical report today in accordance with National Instrument 43-101 ("NI 43-101") on the San Luis Del Cordero Project (the "Report"). The report supports the disclosure made by the Company in its news release on October 7, 2014 entitled "Prospero Silver Announces Initial San Luis Cordero Resource Estimate" and there are no material differences in the mineral resources contained in the ... (5 KB)
November 17, 2014
Mine Sampling in the Canal Target Zone Assays Return Elevated Ag-Cu-Zn Values

Vancouver, B.C. - Prospero Silver Corp. (TSXV: PSL) ("Prospero" or the "Company") reports on sampling of old underground workings in the zinc rich "Canal Zone". This southern leg of the Skarn Rim Zone of the San Luis Cordero project in Durango, has potential to host similar mineralization as reported in the Company's last news release of October 7, 2014- initial San Luis Cordero Resource Estimate. The Canal Zone is located along the SE border of the intrusive complex. The old mine winze (5 mete... (8 KB)
October 07, 2014
Prospero Silver Announces Initial San Luis Cordero Resource Estimate

Vancouver, B.C. - Prospero Silver Corp. (TSXV: PSL) ("Prospero" or the "Company") is pleased to announce the initial NI-43-101 compliant resource estimate for the Santa Rosa vein and the Santa Rosa East skarn of its San Luis del Cordero property located in central Durango, Mexico. A total of 6,127 meters of diamond drill holes were incorporated into a database to calculate a resource along a 1,200 meter E-W segment of the Skarn Rim Zone (see Figure 1). Highlights include: ... (14 KB)
June 25, 2014
Prospero Shareholders Approve AGM Resolutions

Vancouver, B.C. - Prospero Silver Corp. (TSXV: PSL) (the "Company") is pleased to announce that shareholders of the Company approved all resolutions brought before them at the Company's Annual General Meeting (the "AGM") held in Vancouver, British Columbia on June 25, 2014. Election of Directors The following board members stood for election and were duly re-elected: Tawn Albinson, William Murray, Murray Oliver, John Watson and Grant Bosworth. Other AGM Results Dale Matheson Carr-Hil... (4 KB)
June 25, 2014
New Reef of Anomalous Gold Expands Petate SW Zone by 1.2 Km El Petate Project, State of Hidalgo

Vancouver, B.C. - Prospero Silver Corp. (TSXV: PSL) ("Prospero" or the "Company") is pleased to announce the results of an additional 512 rock chip sampling program principally on a new reef at the Petate Southwest target zone. El Petate is a 6,530 hectare project in Hidalgo, Mexico some 35 Km to the SW of Pachuca. The new "Petate SW Reef" target has extended the Petate West zone by 1.2 km to the south. The Petate West zone now measures 5 km long in the north-south direction and up to 2 km wi... (9 KB)
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