Prairie Provident Announces Non-Binding Term Sheets for Preferred Share Investment and Debt Amendments to Strengthen Financial Position and Advance Drilling Program

Calgary, Alberta – October 21, 2025 – Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) (TSX:PPR) is pleased to announce non-binding term sheets for a proposed preferred share financing (the “Proposed Financing”) to raise US$18.9 million (approximately C$26.5 million at current exchange rates) of additional equity capital, and for complementary amendments to the agreements…