Prospero Minerals Corporation Announces Management Changes and Business Prospects Going Forward.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Prospero Minerals Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: PSPO PSPO Prospero Minerals Corporation (stock symbol) PSPO Peak Speed Performance Output ) announced today that Didier Llinas has returned as a director of Prospero, after a short absence due to personal reasons. Additionally, Mr. Llinas has returned as Director of Lobaye Gold SURL SURL Software Usability Research Laboratory SURL Sydney University Radiophysics Laboratory SURL Site Url SURL Storage Unique Resource Locator SURL Simple Uniform Resource Locator , the mining operation encompassing the gold-and-diamond mining operations for Prospero in the Central Africa Republic. Mr. Llinas will be in charge of all aspects of the mining operation which encompass the mineral properties that form part of the Licenses covering an aggregate surface area of 2,200 square kilometers. These Licenses were granted on April 13, 2005, and expire on April 12, 2008. In further corporate developments, Prospero also announced that it is currently in direct negotiations with several companies which specialize spe·cial·ize v. 1. To limit one's profession to a particular specialty or subject area for study, research, or treatment. 2. To adapt to a particular function or environment. in the extraction of preferred minerals such as water, oil and gas throughout the global footprint where such operations exist today. Prospero's Chairman and President, Jack Martin, said, "We are quite pleased to have Mr. Didier Llinas back and in charge of our operation in the Central Africa Republic. No doubt, his knowledge and years of experience there are invaluable to our success in extracting gold and diamonds and also creates a strong anchor-business for Prospero as we look toward future endeavors in the Central Africa Republic and elsewhere around the globe." Prospero Minerals Corp. (www.prospero-minerals.com) is focused on the cost-effective exploration and development of mineral deposits--primarily gold and diamonds--in the Central Africa Republic. "Safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 Certain statements contained herein constitute "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of the Private Securities Litigation Reform Act of 1995. Information contained herein contains "forward-looking statements" that can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "should," "up to," "approximately," "likely," or "anticipates" or the negative thereof or given that the future results covered by such forward-looking statements will be achieved. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Prospero Minerals Corp. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Please refer to Prospero's filings with the Securities and Exchange Commission for a summary of important factors that could affect Prospero's forward-looking statements. Prospero undertakes no obligation to revise these statements following the date of this press release. |
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