Prosper Gold Announces Retirement of CFO

May 16, 2014 TSXV: PGX

NEWS RELEASE

Prosper Gold Announces Retirement of CFO

Quesnel, British Columbia – May 16, 2014 – Prosper Gold Corp. (“Prosper Gold” or the “Company”) (TSXV: PGX) announces the retirement of Ms. Susanne Bonn from her positions as Chief Financial Officer, Corporate Secretary and as a Director of the Company. Peter Bernier, President & CEO: “Susanne has been a great business partner for many years and I would like to express my gratitude to Susanne for her contributions to Prosper Gold. We wish her the best of luck in her retirement.”

Effective immediately, the Company is pleased to announce that Ms. Sharon Lee has been appointed as Prosper Gold’s Interim Chief Financial Officer and Corporate Secretary. Ms. Lee has been working as Prosper Gold’s accountant since the fall of 2013 and brings over 17 years of experience as a Chartered Accountant. Prior to joining Prosper Gold, Ms. Lee was a Senior Manager at Smythe Ratcliffe LLP in Vancouver, BC. Ms. Lee is a Chartered Professional Accountant (CPA) and has a B.Sc. (Mathematics) from the University of Alberta.

For a detailed overview of Prosper Gold please visit www.ProsperGoldCorp.com

ON BEHALF OF THE BOARD OF DIRECTORS

Per: “Peter Bernier”

Peter Bernier President & CEO

For further information, please contact:

Peter Bernier President & CEO Prosper Gold Corp.

Phone (250) 992-6644 Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.