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PPP.V ·

Prospector Issues Stock Options

Share Capital & Compensation

Suite 1020 – 800 West Pender Street, Vancouver, BC V6C 2V6

Prospector Issues Stock Options

Vancouver, BC June 14, 2024 Prospector Metals Corp. (“Prospector” or the “Company”) (TSXV:

PPP; OTCQB: PMCOF; Frankfurt: 1ET0) announces that it has granted a total of 3,100,000 incentive

stock options to officers, directors and consultants of the Company, subject to TSX Venture Exchange

acceptance. Each option is exercisable to purchase one common share of the Company for five years

at a price of C$0.20 per common share in accordance with the terms of the Company’s omnibus equity

incentive plan.

About Prospector Metals Corp.

Prospector Metals Corp. is a Discovery Group Company focused on district scale, early -stage

exploration of gold and base metal prospects. Creating shareholder value through new discoveries,

the Company identifies underexplored or overlooked mineral districts displaying important structural

and mineralogical occurrences similar to more established mining operations. Prospector establishes

and maintains relationships with local and Indigenous rightsholders, and seeking to develop

partnerships and agreements that are mutually beneficial to all stakeholders.

On behalf of the Board of Directors,

Prospector Metals Corp.

Dr. Rob Carpenter, Ph.D., P.Geo.

President & CEO

For further information about Prospector Metals Corp. or this news release, please visit our website at

www.prospectormetalscorp.com or contact us by email at [email protected].

Prospector Metals Corp. is a proud member of Discovery Group. For more information please visit:

discoverygroup.ca

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.