Prospero Completes Private Placement

http://www.juniorminingnetwork.com/junior-miner-news/press-releases/1003-tsx-venture/psl/14398-prospero-completes-private-placement.html

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Dec. 3, 2015) – Prospero Silver Corp. (TSX VENTURE:PSL) (“Prospero” or the “Company”) is pleased to announce that on December 2, 2015 it completed the non-brokered private placement first announced on October 22, 2015 of 4,000,000 units at a price of $0.075 per Share, for gross proceeds of CDN $300,000. 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.

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