Prospero Completes Private Placement

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Dec. 21, 2015) – Prospero Silver Corp. (TSX VENTURE:PSL) (“Prospero” or the “Company”): Further to the Company’s news release of December 3, 2015; the Company wishes to report that 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 was completed with an aggregate of 3,763,333 shares being subscribed for, with gross proceeds of $282,249.98. Each Unit consists 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.

Leave a Reply