Prosper Gold Provides Update on Option Agreement to Acquire the Kaza and Northstar Properties
May 20, 2024 TSXV: PGX
OTCQB: PGXFF
NEWS RELEASE
Prosper Gold Provides Update on
Option Agreement to Acquire the Kaza and Northstar Properties
Vancouver, British Columbia – May 20, 2024 – Prosper Gold Corp. (“Prosper Gold” or the “Company”)
(TSXV:PGX) is pleased to report on the status of its option to acquire a 100% interest in the Kaza and
Northstar properties (the “Option”), pursuant to a definitive option agreement (the “Option Agreement”)
with several individuals (collectively, the “ Optionors”), as previously announced on February 20, 2024
(the “Initial Press Release”). The Company received conditional approval of the transaction contemplated
by the Option Agreement (the “Transaction”) from the TSX Venture Exchange (the “TSXV”) on March
8, 2024, which requires the Company to provide an update on the status of the Transaction 90 days
following the Initial Press Release.
The Company continues to work towards satisfying the remaining conditions to exercise the Option, which
remains subject to the final approval of the TSXV, as detailed in the Initial Press Release.
For an 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]
Information set forth in this news release may involve forward-looking statements under applicable securities laws. Forward-looking
statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected
future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and
"intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar
expressions. All statements, other than statements of historical fact, included herein including, without limitation; statements about
the issuance of the Option Shares and receipt of final TSXV approval are forward-looking statements. By their nature, forward-
looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results,
performance or achievements, or other future events, to be materially different from any future results, performance or achievements
expressed or implied by such forward -looking statements. Such factors include, among others, the following risks: the need for
additional financing; operational risks associated with mineral exploration; fluctuations in commodity prices; title matters;
environmental liability claims and insurance; reliance on key personnel; the potential for conflicts of interest among certain officers,
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directors or promoters with certain other projects; the absence of dividends; competition; dilution; the volatility of our co mmon
share price and volume and the additional risks identified the management discussion and analysis section of our interim and most
recent annual financial statement or other reports and filings with the TSX V and applicable Canadian securities regulations.
Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made
and the Company undertakes no obligation to update forward -looking statements if these beliefs, estimates and opinions or other
circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing un due
certainty to forward-looking statements.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSX V) accepts responsibility
for the adequacy or accuracy of this release.