Prosper Gold Corp. Announces Private Placement
March 21, 2025 TSXV: PGX
NEWS RELEASE
Prosper Gold Corp. Announces Private Placement
Vancouver, British Columbia – March 21, 2025 – Prosper Gold Corp. ("Prosper Gold" or the "Company")
(TSXV: PGX) is pleased to announce a non -brokered private placement financing (the “Financing”) of
common shares in the capital of the Company that will qualify as “flow-through shares” for the purposes
of the Income Tax Act (Canada) (each, a “FT Share”). The Financing will be completed in one or more
tranches and consist of up to 5,000,000 FT Shares at a price of $0.10 per FT Share for gross proceeds to the
Company of up to $500,000.
Prosper Gold expects to use the net proceeds from the Financing to fund exploration activities at the
Company’s Cyprus Project.
Completion of the Financing is subject to customary closing conditions including the approval of the TSX
Venture Exchange (the “TSXV”).
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.
Cell: (250) 316-6644
Email: [email protected]
Unless otherwise specified, all dollar amounts used herein refer to the law currency of Canada.
Certain information in this news release constitutes forward-looking statements under applicable securities law.
Any statements that are contained in this news release that are not statements of historical fact may be deemed
to be forward -looking statements. Forward-looking statements are often identified by terms such as “may”,
“should”, “anticipate”, “expect”, “intend” and similar expressions. Forward-looking statements in this news
release include, but are not limited to, statements with respect to the FT Shares to be issued under the Financing,
the use of proceeds from the Financing, the closing of the Financing including the satisfaction of closing
conditions and the TSXV’s approval of the Financing . Forward-looking statements necessarily involve known
and unknown risks, including, without limitation, the Company’s ability to implement its business strategies;
- 2 -
risks associated with mineral exploration and production; risks associated with general economic conditions;
adverse industry events; marketing and transportation costs; loss of markets; volatility of commodity prices;
inability to access sufficient capita l from internal and external sources, and/or inability to access sufficient
capital on favourable terms; industry and government regulation; changes in legislation, income tax and
regulatory matters; competition; currency and interest rate fluctuations; and other risks. Readers are cautioned
that the foregoing list is not exhaustive.
Readers are further cautioned not to place undue reliance on forward -looking statements as there can be no
assurance that the plans, intentions or expectations upon which they are placed will occur. Such information,
although considered reasonable by management at the time of preparation, may prove to be incorrect and actual
results may differ materially from those anticipated. Forward-looking statements contained in this news release
are expressly qualified by this cautionary statement.
The forward-looking statements contained in this news release represent the expectations of the Company as of
the date of this news release, and, accordingly, are subject to change after such date. The Company does not
undertake any obligation to update o r revise any forward -looking statements, whether as a result of new
information, future events or otherwise, except as expressly required by applicable securities law.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this release.
the use of proceeds from the Financing, the closing of the Financing including the satisfaction of
closing conditions and the TSXV’s approval of the Financing