Vancouver, British Columbia – Prospero Silver Corp. (TSX-V: PSL) (“Prospero” or the “Company”) is pleased to announce that it has engaged Contact Financial Corp. (“Contact”) to assist the Company with the development and execution of a comprehensive investor relations program.

Contact is a Vancouver-based strategic marketing and communications firm with experience in creating exposure for resource exploration companies to industry stakeholders and investors. Contact’s services will include providing advice to the Company with respect to corporate development, production and distribution of investor-focused communication tools, and increasing awareness of the Company within the financial community.

Contact has been hired for a three (3) month term, renewable on a monthly basis thereafter upon mutual agreement. Contact will be paid a monthly fee of CDN $6,000.00 and has also been granted stock options to purchase up to 200,000 common shares of the Company, exercisable for five (5) years at a price of CDN $0.52 per share, with vesting restrictions in accordance with TSX Venture Exchange policies.

About Prospero Silver Corp.:

Prospero is a Canadian resource company with the majority of its staff based in Mexico and who work for its wholly owned subsidiary Minera Fumarola, SA de CV (Fumarola). Prospero’s objective is to quickly evaluate the properties currently optioned and focus on bringing one into early production.

Cautionary Statement:

This news release contains forward-looking statements that are not historical facts. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include those risks set out in Prospero’s public documents filed on SEDAR at www.sedar.com. Although Prospero believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Prospero disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Contact:

Kirk Gamley
President & CEO
Contact Financial
(604) 689-7422