VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 22, 2015) - Prospero Silver Corp. (TSX VENTURE: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 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 15, 2015) - Prospero Silver Corp. (TSX VENTURE: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 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 8, 2015) - Prospero Silver Corp. (TSX VENTURE: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 [...]
Prospero 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 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 below) and, if the [...]
Prospero Silver announces that it has entered into a convertible loan agreement with six lenders for loans in an aggregate amount of $185,000 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 conversion [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 18, 2014) - Prospero Silver Corp. (TSX VENTURE: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 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 17, 2014) - Prospero Silver Corp. (TSX VENTURE: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 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 7, 2014) - Prospero Silver Corp. (TSX VENTURE: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 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 26, 2014) - Prospero Silver Corp. (TSX VENTURE: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 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 25, 2014) - Prospero Silver Corp. (TSX VENTURE: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 [...]
The Company's announcement earlier today regarding the closing of its non-brokered private placement incorrectly stated that the expiry date of the hold period applicable to the distributed securities was July 24, 2014. The securities issued in the private placement are subject to a four-month hold period and will not be tradeable in Canada until September 24, 2014.
Prospero is pleased to announce that on May 23, 2014 it completed the non-brokered private placement first announced on April 15, 2014 of 5,000,000 units at a price of $0.05 per Share, for gross proceeds of CDN $250,000. Each unit is comprised of one common share and one full non-transferable share purchase warrant. Each warrant is exercisable by the holder to acquire one additional common share at a price of $0.10 per [...]