Prairie Provident Announces Completion of Recapitalization Transactions and Closing of Fully Subscribed C$4 Million Equity Financing

CALGARY, Alberta, May 16, 2023 — Prairie Provident Resources Inc. (TSX:PPR) (the “Company”), is pleased to announce the completion of its previously announced recapitalization transactions (collectively, the “Recapitalization”). The Recapitalization included the following principal transactions: closing today of the Company’s brokered private placement offering of units of the Company (the “Units”) at a price of…