Calgary, Alberta, January. November 23, 2025 (Globe Newswire) – Prosperra Energy Inc. (TSX.V: PEI, OTC: Gxrf) (“Flourish,, Prince Edward Island Or “institution“))
Update the loan modification
The Foundation is pleased to announce the amendment of a bombardment of 12,200,000 USD, on July 7, 2024, in cooperation with the main lender. As part of this amendment, an additional amount of $ 750,000 was added to the original balance, which led to a total increase to 12,950,000 USD as of January 23, 2025. The original conditions of the bonds remain unchanged, including 12% interest rate Two years. a period. This modification is subject to the acceptance of TSXV.
The increasing loan revenues will be used to implement a twelve to fifteen wells maintenance program in the real estate of Brusspera Hill Hill and Laillland. This program targets low -risk production opportunities by selecting capital efficiency projects, increasing additional cash flow and sustainability of production.
Debt
“Brucebra” has concluded an additional agreement to settle a commercial amount due to pay with an important seller of $ 75,000 by issuing 1,250,000 ordinary shares at a legal price of $ 0.06 per share. This seller is a major partner and is committed to the company's future development plans. The stocks will undergo four -month trading restrictions and one day of the release date and undergo the acceptance of TSXV.
About Prosperra
Prosperra Energy Inc. It is a Canadian -joint stock capacity company specialized in exploring, developing and producing. The headquarters of the “Prosperra” company is located in Calgary, Alberta, and is committed to improving the process of recovery from old fields using tank development methods and safe and effective production practices. The company's basic real estate is located in a strategic location in Saskatchewan and Alberta, including Cotabrt, Laqland, Hartis Hill and Brocks. Prosperra Energy Inc. Linked on the TSX Venture Exchang Stock Exchange under the PEI code and in the American OTC market under GXRFF.
For more information:
Sean Mawser, Public Relations
Email: Investors@prosperranergy.com
Chris Ludiki, Financial Director
Email: Cludtke@prosperaenergy.com
Shobham Gargi, Chairman of the Board
Email: sgarg@prosperanergy.com
Topical data
This press statement contains aspecting data related to the future operations of the company and other data that do not represent historical facts. Approx data is often determined by terms such as will, possibly, and should be expected, expect, and similar expressions. All data, unlike the historical facts data contained in this version, including, but not limited to, data related to the future plans and goals of the institution, are aspecting data that involve risks and doubts. It is not possible to ensure that such data is accurate and that actual results and future events may differ financially from those expected in such data.
Although Prosperra believes that the expectations and assumptions that the aspiration data are based on, it should not be unjustified in an unjustified way because Brucebra cannot provide any guarantee that it will prove its validity. Since the aspiration data addresses future events and circumstances, they inherently involve inherent risks and doubts. Actual results may differ materially from those expected currently due to a number of factors and risks. These risks include, but not limited to the risks associated with the oil and gas industry in general (for example, the operational risks of development, exploration and production; delay or change in plans with regard Certainty about estimates and expectations related to production, costs, expenses, health and safety risks), fluctuations in basic commodity prices, exchange rates and doubts resulting from possible delays or changes in plans regarding exploration, development or capital expenses.
The reader is warned that the assumptions used to prepare any aspiration information may be incorrect. Events or circumstances may cause actual results materially to those expected, as a result of many known and unknown risks, doubts, other factors, and many of them are outside the control of Brucebra. As a result, Prosperra cannot guarantee that any aspecting statement will be achieved, and the reader is warned against unjustified in an unjustified manner on any aspiration information. Although this information is considered reasonable by the administration at the time of preparation, it may be incorrect and actual results may differ materially from that expected. The aspiration data contained in this press statement is explicitly qualified through this warning statement. The aspiration data contained in this press statement has been prepared from the date of this press statement, and Prosperra does not bear any commitment to public update or review any of the outlook included, whether it is the result of new information. Or future events or otherwise, with the exception of the Canadian Securities Law, explicitly.
TSXV or its regulatory service provider (as specified in TSXV policies) does not accept responsibility for the adequacy or accuracy of this version.
Source: Prosperra Energy Company
