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Prospero Silver Corp Completes Private Placement


Friday, 27 Sep 2013 02:13pm EDT 

Prospero Silver Corp announced that it has completed the non-brokered private placement first announced on September 4, 2013 of 5,000,000 Shares (the Shares) at a price of $0.05 per Share, for gross proceeds of CAD250,000. No finder's fees were paid on any, all or part of the placement. All securities issued under the Private Placement are subject to a four-month hold period and will not be tradable in Canada until January 25, 2014. The net proceeds from this private placement will be used for the overhead support required for acquiring new joint ventures, ongoing exploration and sampling at the Pachuca S-E Project as well as for general working capital purposes. 

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