Monthly Archives: September 2024

Prairie Provident Announces Closing of Initial $10 Million Subscription under Rights Offering

Calgary, Alberta – September 30, 2024 – Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) (TSX:PPR) is pleased to announce the closing of the initial $10.0 million subscription by its principal shareholder, PCEP Canadian Holdco, LLC (“PCEP”), under the Company’s previously-announced $13.2 million rights offering (the “Rights Offering”). Up to 529,579,000 common shares of…

Prairie Provident Announces Loan Amendments and $13.2 Million Equity Rights Offering With $12 Million of Committed Participation

Calgary, Alberta – September 13, 2024 – Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) (TSX:PPR) announces an agreement to extend the maturity of its senior secured credit facility (the “First Lien Loan”) to March 31, 2026 and enhance its flexibility with modified covenants.  The Company also announces a $13.2 million rights offering (the…