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Prospera Energy Inc. Announces Loan Amendment and Shares for Debt Settlement - Prospera Energy (OTC:GXRFF)

Summary by Benzinga
CALGARY, Alberta, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Prospera Energy Inc. ((TSX.V: PEI, OTC:GXRFF) ("Prospera", "PEI" or the "Corporation") Loan Amendment UpdateThe Corporation is pleased to announce the amendment of its $12,200,000 promissory note, originally dated July 7th, 2024, in collaboration with its principal lender. As part of this amendment, an additional $750,000 has been added to the principal balance, increasing the total to $12,950,…

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Financial PostFinancial Post

Prospera Energy Inc. Announces Loan Amendment and Shares for Debt Settlement

CALGARY, Alberta, Jan. 23, 2025 (GLOBE NEWSWIRE) — Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) (“

·Canada
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BenzingaBenzinga

Prospera Energy Inc. Announces Loan Amendment and Shares for Debt Settlement - Prospera Energy (OTC:GXRFF)

CALGARY, Alberta, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Prospera Energy Inc. ((TSX.V: PEI, OTC:GXRFF) ("Prospera", "PEI" or the "Corporation") Loan Amendment UpdateThe Corporation is pleased to announce the amendment of its $12,200,000 promissory note, originally dated July 7th, 2024, in collaboration with its principal lender. As part of this amendment, an additional $750,000 has been added to the principal balance, increasing the total to $12,950,…

·New York, United States
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Equity.GuruEquity.Guru

Prospera Energy (PEI.V) goes to borrowers again as boe/d drops 20%

NOTE: This company decided to ‘renegotiate’ with its service providers, including us, to get out of paying its debts. Read renegotiate as “opted not to pay its bills.” We decided to continue the coverage we guaranteed in our contract because we’re a professional operation, but Prospera no longer gets to approve what we write. It’s probably for the best, considering. Prospera Energy (PEI.V) went to its borrower again this week, blowing out its $1…

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Benzinga broke the news in New York, United States on Friday, January 24, 2025.
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