PROSPERO SILVER CORP ("PSL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement dated August 1, 2017, (the "Agreement") between Prospero Silver Corp (the "Company"), it's Mexican subsidiary Minera Fumarola, S.A. de C.V. and Exploraciones del Altiplano, S.A. de C.V. ("Altiplano") to earn a 100% interest in Altiplano's Buenavista claims (the "Property") in Durango, Mexico, subject to Altiplano retaining a 2% net smelter royalty. There is no finder's fee payable on the transaction.
In order to acquire the Property, the Company will issue Altiplano an aggregate of 750,000 common shares of the Company over a 48 month period at various issue dates more fully described in the Company's August 1, 2017 news release.
Insider / Pro Group Participation: Tawn Albinson, President, CEO and director of the Company, owns or controls through his consulting company Microtermometria y Asesoria Geologica Minera, SA de CV, over 20% of the issued shares of Altiplano.
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