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Director and officer buying at Prospero Silver (V:PSL)

Updated Thursday May 24, 2018 01:54 AM EDT

William Murray, a Director, acquired 1,000,000 Common Shares on a direct ownership basis and 833,333 Common Shares on an indirect ownership basis for registered holder Group 4 Ventures Ltd. at a price of $0.090 through a prospectus or prospectus exempt offering on May 18th, 2018. The insider also acquired 500,000 Warrants on a direct ownership basis and 416,666 Warrants on an indirect ownership basis for registered holder Group 4 Ventures Ltd. with an exercise price of $0.160 for two years. This represents a $165,000 investment into the company's shares and an account share holdings change of greater than 100%.

In addition, Ralph Rushton, a Senior Officer, acquired 222,222 Common Shares and 111,111 Warrants on a direct ownership basis. This represents a $20,000 investment into the company's shares and an account share holdings change of 86.0%.

Prospero Silver is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Prospero Silver Corp. is engaged in acquiring and exploring mineral resource properties. The Company operates through the acquisition, exploration and development of mineral properties segment. It has mineral property interests located in Mexico undergoing preliminary exploration. Its exploration and evaluation assets include Cordero Property, Santa Maria del Oro Property, El Petate Property, Pachuca Property, Baborigame Property, Campana Property, El Dorado Property, and Ocampo, Quiporito and Bermudez Properties. The Cordero project is located approximately 150 kilometers north-north-east of Durango City in Durango State. The Santa Maria del Oro Property is located in Durango State. The El Petate Property is over 6,530 hectare project in Hidalgo, Mexico, approximately 30 kilometers to the southwest of Pachuca. The Pachuca Property is located approximately 20 kilometers east of the Pachuca-Real del Monte district. The Bermudez project is located in central-eastern Chihuahua State. Prospero Silver Corp. (PSL) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to regulatory filings yesterday, two insiders have invested a total amount of $185,000.

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Go to Prospero Silver Corp. (PSL)'s company page

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