Prosperity Exploration Corp. Completes Initial Public Offering and Lists ON the Canadian Securities Exchange

PROSPERITY EXPLORATION CORP. COMPLETES INITIAL PUBLIC OFFERING AND

LISTS ON THE CANADIAN SECURITIES EXCHANGE

Vancouver, British Columbia – January 28, 2022– Prosperity Exploration Corp. (CSE:PROP)

(“PROP” or the “Company”) Prosperity Exploration Corp. announces that it has completed its initial

public offering (IPO) of 3,503,400 common shares in its capital at a price of 10 cents per share for gross

proceeds of $350,340.

The net proceeds from the IPO will be used for working capital purposes and to carry out exploration of

the company's Silver Lake project situated around Goosly Lake and approximately 30 km southeast of

the town of Houston, in the Omineca Mining Division, British Columbia.

PI Financial Corp. acted as agent for the IPO. The agent received a cash commission equal to 10 per cent

of the gross proceeds of the IPO and a corporate finance fee of $25,000. Additionally, the company

granted the agent, and its selling group, compensation options entitling the holders to purchase an

aggregate of 350,340 shares at a price of 10 cents per share, exercisable on or before Jan. 28, 2025.

The shares were approved for listing on the Canadian Securities Exchange on Jan. 26, 2022, and are

expected to begin trading on Jan. 31, 2022, under the symbol PROP.

About Prosperity Exploration Corp.

Prosperity Exploration Corp. is engaged in the business of mineral exploration and the acquisition of

mineral property assets in Canada. Its objective is to locate and develop economic precious and base

metal properties of merit and to conduct its exploration program on the Silver Lake property. The Silver

Lake property is situated around Goosly Lake and approximately 30 km southeast of the town of

Houston, in the Omineca Mining Division, British Columbia.

ON BEHALF OF THE BOARD

“Mike England”

Mike England, CEO & DIRECTOR

FOR FURTHER INFORMATION PLEASE CONTACT: Telephone: 1-604-683-3995