Prospera Energy Inc.

Prospera Energy Inc. is pleased to announce its financial and operating results for 2019. The condensed interim financial statements, and related management's discussion and analysis will be available at www.sedar.com and www.prosperaenergy.com. OPERATION AND FINANCIAL SUMMARY The Corporation's oil and gas revenues have continued to experience significant growth due to changes in production volumes and the acquisition of [...]

Prospera Energy Inc. Prospera Energy Inc. is very pleased to release the results of its 2019 year-end oil and gas reserves evaluation for the Corporation's Alberta and Saskatchewan properties. Reserves Report Highlights The Independent Reserves Report prepared by GLJ Petroleum Consultants is effective as of December 31, 2019 . All reserves information contained in this press release is based on the 2019 Reserves Report [...]

Prospera Energy Inc. today announces that the Company is relying on the Alberta Securities Commission Blanket Order 51-517 Temporary Exemption from Certain Corporate Finance Requirements to file its audited financial statements for the year ended December 31, 2019 and the accompanying management's discussion and analysis under National Instrument 51-102 Continuous Disclosure Obligations , CEO and CFO certifications under [...]

Prospera Energy Inc. announces that on January 17, 2020, Savi Franz, Chief Financial Officer of the Corporation, became a "control person" of the Corporation as a result of her acquisition of all of the issued and outstanding shares of Taurus Management Inc., a company which holds 2,868,990 common shares in the capital of the Corporation. The Acquisition resulted in Ms. Franz holding 20.94% of the Corporation's issued and [...]

Prospera Energy Inc. is pleased to announce the appointment of Mr Patrick Edward Simpson as a director of Prospera and member of the Corporation's audit committee with immediate effect. Mr. Simpson has over 15 years experience in corporate finance, working as an investment advisor with multiple financial institutions in Canada throughout his career. About Prospera Prospera Energy Inc. is a Canadian natural resource [...]

Prospera Energy Inc. announces the resignation of Mr. Daryl Fridhandler as Chairman and a member of the Board of Directors. Prospera wishes to thank Mr. Fridhandler for his past services, commitment and dedication to the company and wish him well in all his future endeavours. The Corporation will be announcing the appointment of another director as soon as possible. About Prospera Prospera Energy Inc. is a Canadian [...]

Prospera Energy Inc. announces the resignation of Robert Richardson as Chief Executive Officer of the Corporation. Sarshar Ahmad, President and a director of the Corporation, will assume the role of interim Chief Executive Officer while the Corporation finalizes its plans with respect to Mr. Richardson's replacement. Prospera's board would like to thank Mr. Richardson for his many contributions to the Corporation and [...]

Not For Distribution to U.S. News Wire Services Or For Dissemination In The United States Prospera Energy Inc. is pleased to announce the following: Credit Facility The Corporation has completed a second major debt repayment in December. On December 31, 2019, Prospera processed a second $250,000 principal repayment to its lender. This payment was fully funded by internal cash flow and has allowed the Corporation to [...]

Not for Distribution to U.S. News Wire Services or for Dissemination in the United States Prospera Energy Inc. is pleased to announce that it has completed an initial closing of its non-brokered private placement for gross proceeds of $250,500 through the sale of 8,350,000 units of a maximum 12,000,000 at a price of $0.03 per Unit . Each unit consists of one common share of the corporation and one-half common share [...]

Not for Distribution to U.S. News Wire Services or for Dissemination in the United States Prospera Inc. announces that it is undertaking a non-brokered private placement of up to 12,000,000 units of the Corporation at a price of $0.03 per Unit for aggregate gross proceeds of $360,000. Each Unit consists of one common share of the Corporation and one half Common Share purchase warrant . The Warrants will not be listed [...]