Prospero Shareholders Approve AGM Resolutions

Prospero Silver Corp. (TSX VENTURE:PSL) (the "Company") is pleased to announce
that shareholders of the Company approved all resolutions brought before them at
the Company's Annual General Meeting (the "AGM") held in Vancouver, British
Columbia on June 25, 2013.


Election of Directors

The following board members stood for election and were duly re-elected: Tawn
Albinson, William Murray, Murray Oliver, John Watson and Grant Bosworth. 


Other AGM Results

Dale Matheson Carr-Hilton Labonte LLP was re-appointed as auditors of the
Company for the ensuing year.


The continuance of the Company's Stock Option Plan (the "Plan") was approved
with the number of stock options eligible to be granted under the Plan being 10%
of the issued and outstanding common shares of the Company, from time to time,
less the number of issued and outstanding stock options.


The Advance Notice Policy, as approved by the Board of Directors on April 10,
2013, was ratified and approved by the Shareholders. A copy of the Policy was
attached to the Information Circular dated May 16, 2013 and is available at
www.sedar.com.


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 for their suitability to provide size potential and/or amenability for
strategic joint ventures. 


Cautionary Statement:

This news release contains forward-looking statements within the meaning of the
Canadian provincial securities laws 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,
including statements regarding future exploration plans. Factors that could
cause actual results to differ materially from these forward-looking statements
include, but are not limited to, variations in the nature, quality and quantity
of any mineral deposits that may be located, the Company's inability to obtain
any necessary permits, consents or authorizations required for its planned
activities, and the Company's inability to raise the necessary capital or to be
fully able to implement its business strategies. The reader is referred to the
Company's public disclosure record which is available on SEDAR (www.sedar.com),
including the risk factors discussed in Prospero's November 27, 2009 prospectus.
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. Except as required by securities laws and the
policies of the TSX Venture Exchange, 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. 


Neither 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
William Murray
Chairman
[phone]


Kirk Gamley
Contact Financial
[phone]