reports
Prospero Silver Corp. Announces Effective Date for Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - July 6, 2020) - Prospero Silver Corp. (TSXV: PSL) (the "Company" or "Prospero") is pleased to announce that the previously disclosed proposed consolidation of the common shares of the Company on the basis of basis of ten (10) pre-consolidation Shares for one (1) post-consolidation Share (the "Consolidation") is expected to take effect on July 7, 2020 under new CUSIP number 743624306, subject to final acceptance by the TSX Venture Exchange. There will be no name change or trading symbol change in conjunction with the Consolidation.Letters of trans...
Prospero Appoints Interim CFO
Vancouver, British Columbia--(Newsfile Corp. - June 29, 2020) - Prospero Silver Corp (TSXV: PSL) (the "Company" or "Prospero") is pleased to announce that Grant Bosworth, a long-standing member of its board of directors, has agreed to accept appointment to the position of Interim Chief Financial Officer, filling the vacancy created by the previously announced resignation of David Huffer, pending the Company identifying a full-time replacement to join its management team. Mr. Bosworth has over thirty five years of experience in the minerals and mining, refinery/petrochemical and power generati...
Prospero Silver Corp. Proposes 10:1 Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - June 10, 2020) - Prospero Silver Corp. (TSXV: PSL) (the "Company" or "Prospero") announces that it is proposing to consolidate the outstanding common shares of the Company (the "Shares") on the basis of 10 (10) pre-consolidation Shares for one (1) post-consolidation Share (the "Consolidation").Share ConsolidationManagement and the Board of Directors has concluded that the Consolidation is necessary and in the best interests of the Company. The Board believes that the proposed share consolidation is necessary to facilitate new equity investment in ...
Prospero Reports on Change of Auditor
Vancouver, British Columbia--(Newsfile Corp. - March 30, 2020) - Prospero Silver Corp (TSXV: PSL.V) (the "Company" or "Prospero") announces that, upon discovering a conflict of interest such that it is no longer sufficiently independent to serve as the Company's auditors for the fiscal year ending on December 31, 2019, Dale Matheson Carr-Hilton LaBonte LLP ("DMCL") have resigned as the Company's auditors as required by the BC Business Corporations Act, s. 208. In connection with its resignation, DMCL has confirmed to the Company that no "reportable event" (as defined under National Instrumen...
Prospero Announces Sale of Mexican Subsidiary
Vancouver, British Columbia--(Newsfile Corp. - December 31, 2019) - Prospero Silver Corp. (TSXV: PSL) (the "Company" or "Prospero") announces it has sold its Mexican subsidiary Minera Fumarola S.A. DE C.V. ("Fumarola") to an arm's length purchaser, Aquatio S.A. de C.V. ("Aquatio") of Jalisco State, Mexico.A Special Committee of the Company's Board of Directors (the "Committee") was established after Fortuna Silver Mines Inc. terminated its option agreement to continue the development of, and earn an interest in, the Company's Pachuca SE Project (see the Company's news release dated September ...
Prospero Reports on Management Change
Vancouver, British Columbia--(Newsfile Corp. - December 6, 2019) - Prospero Silver Corp (TSXV: PSL) (the "Company" or "Prospero") announces that David Huffer has tendered his resignation as Chief Financial Officer to pursue other business opportunities. Prospero is seeking a potential successor to join the management team in the capacity vacated by Mr. Huffer. The board of directors of the Company thanks Mr. Huffer for his contributions, and wishes him success in his future endeavours. For further information please contact:William MurrayChairmanTel: 604 288 2553 Forward-Looking Statement C...
Prospero Announces Fortuna Silver Terminates Pachuca SE Option Agreeme...
Vancouver, British Columbia--(Newsfile Corp. - September 28, 2019) - Prospero Silver Corp (TSXV: PSL) ("the Company" or "Prospero") announces that Fortuna Silver Mines Inc ("Fortuna") has terminated the property option agreement for the Pachuca SE project which was signed in January, 2019 (see Prospero news release dated January 25, 2019). Fortuna has not earned an interest in the Pachuca SE property.Prospero's management is currently considering the Company's options with respect to exploration activities.About ProsperoProspero is a Mexico-focused project generator listed on the TSX.V under t...
Prospero Provides Drilling Update for the Pachuca SE Project Identifie...
Vancouver, British Columbia--(Newsfile Corp. - September 17, 2019) - Prospero Silver Corp. (TSXV: PSL) ("The Company" or "Prospero") is pleased to provide an update on a recent diamond-drilling program at its Pachuca SE project in Hidalgo state, Mexico, which was funded by PSL's strategic partner, Fortuna Silver Mines Inc. The first 3 holes, which were drilled in 2018, identified a new epithermal system at Pachuca (see news releases dated March 14 and 29, 2018). An additional 8 holes (5,933m) were drilled in 2019 to target a potential blind, epithermal mineralized ore zone at depth. The Pach...
Prospero Provides Update on Option Agreement with Fortuna
Vancouver, British Columbia--(Newsfile Corp. - February 12, 2019) - Prospero Silver Corp. (TSXV: PSL) the "Company" or "Prospero") is pleased to announce that, further to its press release of January 25, 2019, the Company has received TSX Venture Exchange acceptance of the option agreement with Fortuna Silver Mines Inc. ("Fortuna"), pursuant to which Fortuna can earn up to a 70% interest in the Company's Pachuca South East Property located in Hidalgo State, Mexico. Qualified PersonTawn Albinson, M.Sc., President of the Company, is a Qualified Person, as defined in NI 43-101, and is responsib...
Prospero and Fortuna Sign Option Agreement for Pachuca SE Project, Hid...
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") exercised its right to be granted an option to acquire up to a 70-per-cent interest in the Pachuca Southeas...
Prospero Begins Second Phase Drilling at Pachuca Se Project, Hidalgo S...
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 to the historic mining city of Pachuca in Hidalgo state, Mexico, by spending a total of $8-million (U....
Prospero Silver: Fortuna Silver Mines Exercises Its Right to Enter int...
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 historic mining city of Pachuca in Hidalgo State, Mexico by spending a total of US$8.0 million in qua...
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