reports
Prairie Provident Reports on AGM Voting Results
Prairie Provident Reports on AGM Voting Results CALGARY, Alberta, May 22, 2025 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces voting results from its annual and special shareholders' meeting held today (the “Meeting”). A total of 1,216,965,050 common shares, representing approximately 86.8% of the Company’s issued and outstanding common shares, were represented in person or by proxy at the Meeting. All of the matters put forward to the shareholders, as set out in the Company's notice of meeting and information cir...
Prairie Provident Resources Announces Successful Basal Quartz Drilling...
Prairie Provident Resources Announces Successful Basal Quartz Drilling Program and First Quarter 2025 Results CALGARY, Alberta, May 13, 2025 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") is pleased to announce strong production results from its three-well Basal Quartz (“BQ”) horizontal drilling program in the Michichi area of Central Alberta during the first quarter of 2025. The Company also announces financial and operating results for the first quarter ended March 31, 2025. SUCCESSFUL RESULTS FROM BASAL QUARTZ DRILLING PROGRAM ...
Prairie Provident Resources Announces Fourth Quarter and Year-End 2024...
Prairie Provident Resources Announces Fourth Quarter and Year-End 2024 Financial and Operating Results, 2024 Year-End Reserves and Basal Quartz Update CALGARY, Alberta, April 01, 2025 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces its operating and financial results for the fourth quarter and year ended December 31, 2024 and year-end reserves. Prairie Provident’s audited annual consolidated financial statements and related Management’s Discussion and Analysis (MD&A) for the year ended December 31, 2024 and Annual Information...
Prairie Provident Announces Closing of Final Tranche of Equity Financi...
Prairie Provident Announces Closing of Final Tranche of Equity Financing and Basal Quartz Operational Update NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, March 05, 2025 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) is pleased to announce the closing of the second and final tranche of its previously announced equity financing, for additional gross proceeds of $3.87 million. Together with the $4.8 million of gross proceeds from the first tranche closing completed on Feb...
Prairie Provident Announces Spud of Basal Quartz Horizontal Well
Prairie Provident Announces Spud of Basal Quartz Horizontal Well CALGARY, Alberta, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) is pleased to announce the spud of the Basal Quartz horizontal well 100/14-32-29-18W4. Drilling operations are expected to take eight days to complete, after which the well will be fracture stimulated and brought on-stream. This is the Company’s third Basal Quartz well following the successful drilling and completion of 102/03-19-030-18W4 and 100/15-32-029-18W4 in the fourth quarter of 2024. ...
Prairie Provident Announces Closing of Initial Tranche of Private Plac...
Prairie Provident Announces Closing of Initial Tranche of Private Placement for $4.8 Million to Advance Basal Quartz Horizontal Drilling Program NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) is pleased to announce the closing of the first tranche of its recently announced equity financing, for $4,800,000 in gross proceeds from its principal and largest shareholder, PCEP Canadian Holdco, LLC ("PCEP") upon the iss...
Prairie Provident Announces up to $9.1 Million Brokered Equity Financi...
Prairie Provident Announces up to $9.1 Million Brokered Equity Financing with $7.35 Million in Lead Orders and Basal Quartz Horizontal Drilling Program NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. (TSX:PPR) (“Prairie Provident” or the “Company”) is pleased to announce that it has entered into an agreement with Research Capital Corporation, as lead agent and sole bookrunner, on behalf of a syndicate of agents including Haywood Securities Inc. (collectively, the ...
Prairie Provident Resources Provides Basal Quartz Drilling Update
Prairie Provident Resources Provides Basal Quartz Drilling Update CALGARY, Alberta, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) is pleased to provide an update on its first two Basal Quartz wells in the Michichi area of Central Alberta. Prairie Provident spud the first Basal Quartz horizontal well, 102/03-19-030-18W4, on October 15, 2024. Following the nine-day drilling operation, the well was fracture stimulated and brought on-stream through production test facilities, with produced natural gas being conserved, on...
Prairie Provident Resources Announces Third Quarter 2024 Financial and...
Prairie Provident Resources Announces Third Quarter 2024 Financial and Operating Results and Basal Quartz Drilling Update CALGARY, Alberta, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces its financial and operating results for the three and nine months ended September 30, 2024. The Company's condensed interim consolidated financial statements (“Financial Statements”) for the three and nine months ended September 30, 2024 and related Management's Discussion and Analysis ("MD&A") for the third quarter are availab...
Prairie Provident Announces Closing of Rights Offering
Prairie Provident Announces Closing of Rights Offering CALGARY, Alberta, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) (TSX:PPR) is pleased to announce the successful completion of its previously announced equity rights offering (the “Rights Offering”), which expired at 5:00 p.m. (Mountain time) on October 28, 2024. Prairie Provident issued an aggregate of 480,000,000 common shares of the Company (“Common Shares”) pursuant to the Rights Offering and the Standby Commitment (defined below) at a price of $0.025 per share, for a...
Prairie Provident Announces Management and Board of Director Changes a...
Prairie Provident Announces Management and Board of Director Changes and Drilling Update CALGARY, Alberta, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces that Ryan Rawlyk has resigned as President and Chief Executive Officer of Prairie Provident to pursue other interests. In conjunction with Mr. Rawlyk’s resignation, the Company announces the appointment of Dale Miller as Executive Chairman, succeeding Patrick McDonald who has retired as Chairman. Mr. Miller has served as a director of the Company since August ...
Prairie Provident Announces Closing of Initial $10 Million Subscriptio...
Prairie Provident Announces Closing of Initial $10 Million Subscription under Rights Offering CALGARY, Alberta, Sept. 30, 2024 (GLOBE NEWSWIRE) -- 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 ("Common Shares") are issuable under the Rights Offering at a subscript...
Prairie Provident Announces Loan Amendments and $13.2 Million Equity R...
Prairie Provident Announces Loan Amendments and $13.2 Million Equity Rights Offering With $12 Million of Committed Participation CALGARY, Alberta, Sept. 13, 2024 (GLOBE NEWSWIRE) -- 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 "Rights Offering") supported by participation commitments of $12 mi...
Prairie Provident Resources Announces Second Quarter 2024 Financial an...
Prairie Provident Resources Announces Second Quarter 2024 Financial and Operating Results CALGARY, Alberta, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces its operating and financial results for the three and six months ended June 30, 2024. The Company's interim consolidated financial statements and related Management's Discussion and Analysis (MD&A) for the second quarter are available on its website at and filed on SEDAR+ at . SECOND QUARTER 2024 FINANCIAL AND OPERATING HIGHLIGHTS Production averaged 2,045...
Prairie Provident Announces Interim Extension of Senior Credit Facilit...
Prairie Provident Announces Interim Extension of Senior Credit Facility CALGARY, Alberta, July 30, 2024 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces an extension to the maturity date of its senior secured credit facility (the "First Lien Loan") until August 30, 2024 as well as the deferral of all interest payment obligations thereunder. The Company and its lender are actively engaged in discussions on a further extension of the First Lien Loan. The Company also announces that David Stobbe, Senior Controller and Chief Fina...
Prairie Provident Announces Interim Extension of Senior Credit Facilit...
Prairie Provident Announces Interim Extension of Senior Credit Facility CALGARY, Alberta, June 27, 2024 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces an extension to the maturity date of its senior secured credit facility (the "First Lien Loan") until July 31, 2024 as well as the deferral of all interest payment obligations thereunder. The Company and its lender are actively engaged in discussions on a further extension of the First Lien Loan. ABOUT PRAIRIE PROVIDENT Prairie Provident is a Calgary-based company engaged in...
Prairie Provident Reports on AGM Voting Results
Prairie Provident Reports on AGM Voting Results CALGARY, Alberta, May 15, 2024 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces voting results from its annual shareholders' meeting held today. At the meeting, each of Patrick McDonald, Glenn Hamilton, Dale Miller, Ryan Rawlyk, Matthew Shyba and Kathy Turgeon was elected, by ordinary resolution, as a director of the Company for the ensuing year, to hold office until the close of the next annual meeting of shareholders. Following are details as to the number of vote...
Prairie Provident Resources Announces First Quarter 2024 Financial and...
Prairie Provident Resources Announces First Quarter 2024 Financial and Operating Results and Michichi Property Update CALGARY, Alberta, May 15, 2024 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces its operating and financial results for the first quarter ended March 31, 2024. The Company's interim consolidated financial statements and related Management's Discussion and Analysis (MD&A) for the quarter are available on its website at and filed on SEDAR+ at . FIRST QUARTER 2024 FINANCIAL AND OPERATING HIGHLIGHTS ...
Prairie Provident Resources Announces Fourth Quarter and Year-End 2023...
Prairie Provident Resources Announces Fourth Quarter and Year-End 2023 Financial and Operating Results CALGARY, Alberta, April 02, 2024 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces its operating and financial results for the fourth quarter and year ended 2023. Prairie Provident’s audited annual consolidated financial statements and related Management’s Discussion and Analysis (MD&A) for the year ended December 31, 2023 and Annual Information Form dated April 2, 2024 for the same period are available on the Company’s websit...
Prairie Provident Resources Announces Closing of Asset Sales
Prairie Provident Resources Announces Closing of Asset Sales CALGARY, Alberta, March 05, 2024 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) is pleased to announce that it has closed the previously announced sales of its Evi assets in Northern Alberta for net proceeds of $22.5 million after adjustments, based on an effective date of August 1, 2023, and certain non-core assets located in the Provost area of Central Alberta for net proceeds of $1.7 million after adjustments, based on an effective date of July 1, 2023. The purchasers have assumed ...
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