PGX Prosper Gold Corp

Prosper Gold Corp. ("Prosper Gold" or the "Company") (TSX VENTURE:PGX) announces
a non-brokered private placement financing of up to $4.0 million (the "Private
Placement"), through the issuance of units of the Company (the "Units") at a
price of $0.50 per Unit. Each Unit will consist of one common share and one-half
of one transferable common share purchase warrant (each whole warrant, a
"Warrant") with each Warrant exercisable by the holder into one common share of
the Company at a price of $0.75 per share for a period of 36 months from the
closing date. In the event that Prosper Gold's common shares trade at a closing
price on the TSX Venture Exchange (the "TSX-V") of greater than $1.00 per common
share for a period of 20 consecutive trading days at any time after the closing
date of the Private Placement, Prosper may accelerate the expiry date of the
Warrants by giving notice to the holders thereof and in such case the Warrants
will expire on the 30th day after the date on which such notice is given by
Prosper Gold. 


The Private Placement will be non-brokered; however, the Company may pay
finder's fees in accordance in the rules and policies of the TSX-V. The
financing is subject to the approval of the TSX-V. 


All securities issued pursuant to this Private Placement will be subject to a
four month and one day hold period in accordance with applicable securities
laws. The closing date for the Private Placement is scheduled to occur on or
about April 11, 2014. The net proceeds from the Private Placement will be used
to fund exploration activities for 2014 at the Company's Sheslay Porphyry Copper
Gold Project (the "Property") and for working capital and general corporate
purposes. The Property is optioned from Firesteel Resources Inc. (May 7, 2013
news release).


Corporate Update

The Company also announces that it has appointed Mr. Thomas J. Obradovich as
Senior Advisor to the Board. With more than 30 years' experience in mining
exploration, development and financing he was one of the key players behind
Aurelian Resources Inc. which discovered the Fruta Del Norte gold deposit in
Ecuador and also co-founded Canadian Royalties Inc. which discovered and
developed the Raglan south nickel belt. He acquired most of the Matachewan gold
camp and through a reverse takeover of Young-Davidson Mines Ltd., upgraded and
doubled the resource which was subsequently acquired by Northgate Minerals in
2005. Tom is a graduate of the Haileybury School of Mines in mining technology
and advanced field geophysics.


For a detailed overview of Prosper Gold please visit www.ProsperGoldCorp.com.

ON BEHALF OF THE BOARD OF DIRECTORS

Peter Bernier, President & CEO 

Unless otherwise specified, all dollar amounts used herein refer to the law
currency of Canada.


Certain information in this news release constitutes forward-looking statements
under applicable securities law. Any statements that are contained in this news
release that are not statements of historical fact may be deemed to be
forward-looking statements. Forward-looking statements are often identified by
terms such as "may", "should", "anticipate", "expect", "intend" and similar
expressions. Forward-looking statements in this news release include, but are
not limited to, statements with respect to the use of proceeds from the Private
Placement and the anticipated closing date of the Private Placement.
Forward-looking statements necessarily involve known and unknown risks,
including, without limitation, the Company's ability to implement its business
strategies; risks associated with mineral exploration and production; risks
associated with general economic conditions; adverse industry events; marketing
and transportation costs; loss of markets; volatility of commodity prices;
inability to access sufficient capital from internal and external sources,
and/or inability to access sufficient capital on favourable terms; industry and
government regulation; changes in legislation, income tax and regulatory
matters; competition; currency and interest rate fluctuations; and other risks.
Readers are cautioned that the foregoing list is not exhaustive.


Readers are further cautioned not to place undue reliance on forward-looking
statements as there can be no assurance that the plans, intentions or
expectations upon which they are placed will occur. Such information, although
considered reasonable by management at the time of preparation, may prove to be
incorrect and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are expressly
qualified by this cautionary statement.


The forward-looking statements contained in this news release represent the
expectations of the Company as of the date of this news release, and,
accordingly, are subject to change after such date. The Company does not
undertake any obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise, except as
expressly required by applicable securities law.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Prosper Gold Corp.
Peter Bernier
President & CEO
(250) 992-6644
Pete@ProsperGoldCorp.com
www.ProsperGoldCorp.com

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