Prosperity Goldfields Announces Resignation of Director


VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 11, 2012) - Prosperity Goldfields Corp. (the "Company") (TSX VENTURE:PPG) announces, effective July 10, 2012, that Mr. R. Bruce Duncan has resigned as a director to focus on his duties as CEO of Evolving Gold Corp. and other ventures. Mr. Duncan was instrumental in the initial public listing of the Company via the spin out of the Kiyuk Property from Evolving Gold in 2011. The Company would like to take this opportunity to thank Mr. Duncan for his contributions to the Company and wishes him every success in the future.

ON BEHALF OF THE BOARD OF PROSPERITY GOLDFIELDS CORP.

Adrian Fleming, CEO and Director

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 NEWS RELEASE.

Contact Information:

Prosperity Goldfields Corp.
Dwane Brosseau
Investor Relations
Toll Free: 1 855 237 6274 or Direct: 604 662 3380
info@prosperitygoldfields.com
www.prosperitygoldfields.com

Frontline Communications
Leo Karabelas
Mobile: 416 543 3120