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The Board of Prospect Resources Limited (ASX:PSC) (Company) notes the recent political developments in Zimbabwe.

The Company and Sinomine wish to advise that they both remain fully committed to the Arcadia lithium project and the implementation of the conditional offtake, placement and framework agreement as announced to the market on 10 November 2017.

About Prospect Resources Ltd

Prospect Resources Limited (ASX:PSC) is based in Australasia with operations in Zimbabwe and is a publicly listed company. We are committed to creating value for Prospect's shareholders and the communities in which our company operates. Our vision is to build a Southern African based mining company of international scale.



Andrew Whitten
Company secretary
Prospect Resources Limited (Aus)
Ph: +61-2-8072-1400

Link: Market update

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