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 share purchase warrant (a “Warrant”) exercisable for a term of 5 years. Each Warrant will entitle the holder thereof to purchase one Share at an exercise price of $0.12 per Share.