Mr. Peter Bernier reports

PRESS RELEASE FOR EARLY WARNING REPORT REGARDING PROSPER GOLD CORP.

On April 2, 2025, Peter Bernier, president and chief executive officer of Prosper Gold Corp., purchased four million common shares of the company, issued as flow-through shares (as defined in the Income Tax Act (Canada)), through a non-brokered private placement of the company at a price of 10 cents per FT share for a total subscription price of $400,000.

Immediately prior to the offering, the acquiror owned or controlled an aggregate of 5,756,000 common shares, 492,500 stock options and 1,357,500 warrants, with each option and warrant entitling the acquiror to purchase one common share, subject to their terms. The 5,756,000 common shares owned or controlled by the acquiror prior to the offering represented 10.14 per cent of the total number of issued and outstanding common shares. If all of the options and warrants held by the acquiror were exercised prior to the offering, the acquiror would own or control an aggregate of 7,606,000 common shares, representing approximately 13.40 per cent of the issued and outstanding common shares on a partially diluted basis.

Immediately following the offering, the acquiror owned or controlled an aggregate of: (i) 9,756,000 shares, representing approximately 15.73 per cent of the issued and outstanding common shares; (ii) 1,357,500 warrants; and (iii) 492,500 options. If all of the options and warrants held by the acquiror were exercised immediately following the offering, the acquiror would own or control an aggregate of 11,606,000 common shares, representing approximately 18.17 per cent of the issued and outstanding common shares on a partially diluted basis.

The FT shares were acquired for investment purposes. Depending on market conditions, the acquiror may, from time to time, acquire additional securities, exercise convertible securities, dispose of some or all of the existing or additional securities, or continue to hold the securities of the company.

This press release is being issued pursuant to the requirements of National Instrument 62-103 -- The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.

The company's head office is located at unit 1570, 200 Burrard St., Vancouver, B.C., V6C 3L6. For further information and to obtain a copy of the early warning report that will be filed under applicable Canadian securities laws in connection with the transaction hereunder, please contact James Hedalen at james@prospergoldcorp.com, or see Prosper's profile on SEDAR+. For further information regarding the acquiror, please contact Mr. Bernier: 5849 Dale Ave., Summerland, B.C., Canada, V9H 1Z9, 250-316-6644.