Prospero and Fortuna Sign Option Agreement for Pachuca SE Project, Hidalgo, Mexico
Vancouver, British Columbia--(Newsfile Corp. - January 25, 2019) - Prospero Silver Corp. (TSXV: PSL) (the "Company" or "Prospero") is pleased to announce that the the option agreement announced on December 10, 2018 (the "Option Agreement") between Prospero and Fortuna Silver Mines Inc. ("Fortuna") has been signed by both parties. The Option Agreement is subject to the acceptance of the TSX Venture Exchange.On December 10, 2018 Prospero announced that Fortuna Silver Mines Inc. ("Fortuna")...
2019-01-25 11:41 AM EST
Prospero Begins Second Phase Drilling at Pachuca Se Project, Hidalgo State, Mexico
Vancouver, British Columbia--(Newsfile Corp. - January 21, 2019) - Prospero Silver Corp (TSXV: PSL) (the "Company" or "Prospero") is pleased to announce that Phase 2 drilling has started at the Pachuca SE project, close to the historic mining city of Pachuca in Hidalgo State, Mexico.On December 10, 2018 Prospero announced that Fortuna Silver Mines Inc. ("Fortuna") exercised its right to be granted an option to acquire up to a 70-per-cent interest in the Pachuca Southeast project located close...
2019-01-21 8:30 AM EST
Prospero Silver: Fortuna Silver Mines Exercises Its Right to Enter into an Option Agreement on the Pachuca Southeast Project, Hidalgo, Mexico
Vancouver, British Columbia--(Newsfile Corp. - December 10, 2018) - Prospero Silver Corp. (TSXV: PSL) ("Prospero" or "the Company") is pleased to announce that further to the strategic cooperation agreement between Prospero and Fortuna Silver Mines ("Fortuna" or "FVI") dated May 10, 2017 as subsequently amended (see Prospero press releases dated May 9, 2018), Fortuna has exercised its right to be granted an option to acquire up to a 70% interest in the Pachuca SE Project, located close to the...
2018-12-10 8:15 AM EST
Prospero Announces Completion of CAD $356,000 Private Placement Financing with Fortuna Silver Mines
Vancouver, British Columbia--(Newsfile Corp. - September 17, 2018) - Prospero Silver Corp. (TSXV: PSL) ("Prospero" or "the Company") has completed its recently announced private placement financing with Fortuna Silver Mines Inc. ("Fortuna"), raising aggregate gross proceeds of CAD$356,000.The offering consisted of the sale of 4,746,667 common shares of the Company for proceeds of CAD$356,000. All securities issued in the offering are subject to a hold period expiring on January 18, 2019. The...
2018-09-17 5:30 PM EDT
Prospero Completes Buenavista Drilling in Mexico and Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - September 10, 2018) - Prospero Silver Corp. (TSXV: PSL) ("The Company" or "Prospero") is pleased to provide results for drilling of its Buenavista project in northwest Durango State, Mexico. Eleven holes, totaling 2,811m of core drilling, were completed. The drilling at Buenavista was the fourth project to be drilled under the terms of a second round of strategic investment from Fortuna Silver Mines, Inc. ("Fortuna") made in May 2018, as per the...
2018-09-10 1:07 PM EDT
Prospero Secures Additional Investment from Fortuna Silver Mines
Vancouver, British Columbia--(Newsfile Corp. - September 6, 2018) - Prospero Silver Corp (TSXV: PSL) (the "Company" or "Prospero") is pleased to announce that it has arranged a US$270,000 (approximately Cdn $356,000) strategic investment from Fortuna Silver Mines Inc. ("Fortuna"), a growth-oriented mid-tier precious metals producer. Fortuna currently owns an aggregate of 10,714,284 common shares of the Company representing an aggregate of 20.32% of the current issued and outstanding shares....
2018-09-06 9:00 AM EDT
Prospero Announces Completion of Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2018) - Prospero Silver Corp (TSXV: PSL) (the "Company" or "Prospero") is pleased to announce that it has completed its second and final tranche of its previously announced private placement financing (the "Offering") raising aggregate gross proceeds of $1,009,680.00.The second tranche of the Offering consisted of the sale of 5,468,889 units (the "Units") at $0.09 per Unit (the "Unit Price") for gross proceeds of $492,200.02. Each Unit...
2018-05-30 2:11 PM EDT
Prospero Begins Drilling at Buenavista Project, Durango State, Mexico
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2018) - Prospero Silver Corp (TSXV: PSL) (the "Company" or "Prospero") is pleased to announce that drilling started at the Buenavista project in northwest Durango State, Mexico on May 26, 2018.This is the fourth project to be drilled under the terms of a second round of strategic investment from Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) made in May 2018, as per the revised agreement and warrant exercise announced on May 7,...
2018-05-30 10:46 AM EDT
Prospero Closes First Tranche of Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - May 23, 2018) - Prospero Silver Corp. (TSXV: PSL) ("Prospero" or "The Company") is pleased to announce that on May 18, 2018, it completed a private placement of $517,479.98 which was previously announced on April 16, 2018. The Company also began the process of closing the second tranche today which it intends to close within the next five business days, for additional proceeds of approximately $495,000.Bill Murray, the Chairman of Prospero...
2018-05-23 10:28 PM EDT
Prospero and Fortuna Revise 2018 Work Program and Amend Strategic Cooperation Agreement
Vancouver, British Columbia--(Newsfile Corp. - May 9, 2018) - Prospero Silver Corp. (TSXV: PSL) (the "Company" or "Prospero") announces that it has amended its planned work program for 2018 following discussions and agreements with its strategic partner, Fortuna Silver Mines Inc. ("Fortuna" or "FVI"). Prospero and Fortuna have also agreed to amend their May 8, 2017 strategic financing agreement (the "2017 Strategic Cooperation Agreement"), including an agreement for the repricing and exercise...
2018-05-09 1:00 PM EDT
Prospero Provides Overview of Planned Work for 2018
Vancouver, British Columbia--(Newsfile Corp. - April 26, 2018) - Prospero Silver Corp. (TSXV: PSL) ("Prospero" or "the Company") is pleased to provide an update on planned exploration work on its Mexican projects for the remainder of 2018.The key objective for Prospero and its strategic partner Fortuna Silver Mines Inc. is to complete first-pass, proof-of-concept drill testing of key projects in the Altiplano belt of northern Mexico. Three projects have been shortlisted: Bermudez, Buenavista...
2018-04-26 1:50 PM EDT
Prospero Announces C$1.0M Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 16, 2018) - Prospero Silver Corp. (TSXV: PSL) (the "Company" or "Prospero") is pleased to announce that it proposes to complete a non-brokered private placement of up to 11.1 million units at a price of $0.09 per unit (a "Unit"), for gross proceeds of up to $1,000,000. Each Unit will consist of one common share of Prospero (a "Share") and one-half of a non-transferable share purchase warrant exercisable for a term of two...
2018-04-16 9:30 AM EDT
Prospero Silver Expands Au-Ag Bearing Epithermal Vein System at Pachuca Se Project, Mexico
Vancouver, British Columbia--(Newsfile Corp. - March 29, 2018) - Prospero Silver Corp. (TSXV: PSL) ("Company" or "Prospero") is pleased to announce the results of the third hole of a 3-hole drill program at the Pachuca SE project close to the historic mining city of Pachua in Hidalgo State, Mexico. Prospero announced earlier this month that it had discovered a new gold and silver-bearing epithermal vein system with holes 1 and 2 of the program. Drilling has confirmed the presence of...
2018-03-29 9:30 AM EDT
Prospero Silver Discovers New Au-Ag Bearing Epithermal Vein System at Pachuca Se Project, Mexico
Vancouver, British Columbia--(Newsfile Corp. - March 14, 2018) - Prospero Silver Corp (TSXV: PSL) (the "Company" or "Prospero") is pleased to announce that a limited 3-hole drill program at the Pachuca SE project close to the historic mining city of Pachua in Hidalgo State, Mexico, has discovered a new gold and silver-bearing epithermal vein system. Drilling of the Pachuca targets completes the third of three initial projects funded by Fortuna Silver in early stage "proof of concept"...
2018-03-14 9:30 AM EDT
Prospero Begins Drilling at Pachuca SE Project, Hidalgo State, Mexico
Vancouver, British Columbia--(Newsfile Corp. - January 25, 2018) - Prospero Silver Corp. (TSXV: PSL) (the "Company" or "Prospero") is pleased to announce that drilling has started at the Pachuca SE project close to the historic mining city of Pachua in Hidalgo State, Mexico.This drilling completes the third project in a 6,900m program to test 3 of Prospero's projects under the terms of a strategic investment from Fortuna Silver Mines Inc. made in May 2017. Prospero and Fortuna are planning a...
2018-01-25 9:30 AM EST
Prospero Provides Drilling Update for El Petate Project
Vancouver, British Columbia--(Newsfile Corp. - January 10, 2018) - Prospero Silver Corp. (TSXV: PSL) ("The Company" or "Prospero") is pleased to provide a final update on the first-stage reconnaissance drilling of its Petate project in Hidalgo state, Mexico. Twelve shallow holes were completed primarily to establish structure and to allow for more accurate targeting of deeper mineralized zones. The first 5 holes were reported in November 2017 (see news release dated November 18, 2017). The...
2018-01-10 11:00 AM EST
Prospero Provides Drilling Update for El Petate Project Hole 5 Cuts 18.5m at 0.8g/t Au
Vancouver, British Columbia--(Newsfile Corp. - November 8, 2017) - Prospero Silver Corp. (TSXV: PSL) ("The Company" or "Prospero") is providing a preliminary update on the first-stage reconnaissance drilling of its Petate project in Hidalgo state, Mexico. Eight shallow holes have been completed to date primarily to establish structure and to allow for more accurate targeting of deeper mineralized zones. The initial holes are in the Apartadero zone which had the highest gold and silver...
2017-11-08 12:42 PM EST
Prospero Receives Drill Permits for Bermudez Project, Mexico
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2017) - Prospero Silver Corp (TSXV: PSL) (the "Company" or "Prospero") is pleased to provide an update on planned drilling of the 430 hectare Bermudez project in northwest Chihuahua close to the border with Sonora in northern Mexico. The Company is planning to drill test Bermudez as part of its on-going 6,950 m reconnaissance drill campaign funded by strategic partner Fortuna Silver Mines Inc. ("Fortuna").Prospero has now received all...
2017-11-01 10:03 AM EDT
TSXV Approves Prospero Silver Corp. Option to Own Agreement
Vancouver, British Columbia--(Newsfile Corp. - October 6, 2017) - Prospero Silver Corp. (TSXV: PSL) ("Prospero" or the "Company") is pleased to announce that it has received final TSX Venture Exchange approval of the option to own agreement (the "Option Agreement") between the Company, its Mexican subsidiary Minera Fumarola, S. A. de C. V., and Exploraciones del Altiplano, S.A. de C.V. ("Altiplano"). The Option Agreement provides the Company with an option to earn a 100% right, title and...
2017-10-06 9:07 AM EDT
Prospero Begins Drilling at Petate Project, Mexico
Vancouver, British Columbia--(Newsfile Corp. - September 18, 2017) - Prospero Silver Corp (TSXV: PSL) (the "Company" or "Prospero") is pleased to provide an update on planned drilling of the Petate project in Hidalgo State, Mexico. The drilling is being carried out as part of its on-going 6,950 m reconnaissance drill campaign funded by strategic partner Fortuna Silver Mines Inc. ("Fortuna").The final permission to drill has now been received from the Hidalgo State branch of the Secretariat de...
2017-09-18 12:18 PM EDT