Prospera Energy Inc. News Releases

Prospera Energy Announces Financing Update

Wed, 09 Sep 2026 22:07:00 -0400

Calgary, Alberta--(Newsfile Corp. - September 9, 2026) - Prospera Energy Inc. (TSXV: PEI) (OTC Pink: GXRFF) ("Prospera", "PEI", the "Corporation", or the "Company")Private Placement UpdateProspera announces a non-brokered private placement of up to 400,000,000 units at $0.03 per unit for aggregate gross proceeds of up to $12.0 million. The offering carries the same terms announced on August 29th, 2026 and is being filed with the TSX Venture Exchange as a new private placement in accordance with...

Prospera Energy Announces Two-Year Extension of Senior Term Loan and Repricing of Equity Financing

Sat, 29 Aug 2026 19:20:00 -0400

Calgary, Alberta--(Newsfile Corp. - August 29, 2026) - Prospera Energy (TSXV: PEI) (OTC Pink: GXRFF) ("Prospera", "PEI", the "Corporation", or the "Company") is pleased to announce that it has entered into an amendment to its senior term loan, extending the maturity date by two years, from August 31st, 2026 to August 31st, 2028. The facility, with a total principal amount of $20,739,465, retains all of its original terms, including its 12% annual interest rate and monthly interest payments. The...

Prospera Announces Commencement of Service Rig Operations

Wed, 05 Aug 2026 09:00:00 -0400

Calgary, Alberta--(Newsfile Corp. - August 5, 2026) - Prospera Energy Inc. (TSXV: PEI) (OTC Pink: GXRFF) ("Prospera", "PEI", the "Corporation", or the "Company")Prospera is pleased to announce the commencement of service rig operations across its core Saskatchewan heavy oil properties. The rig marks the launch of the Company's second half 2026 workover and reactivation campaign, a program designed to convert Prospera's deep inventory of workover and reactivation candidates into near-term,...

Prospera Reports Record Revenue and Significant Increase in Operating Netback in Q2 2026

Mon, 03 Aug 2026 09:18:00 -0400

Calgary, Alberta--(Newsfile Corp. - August 3, 2026) - Prospera Energy Inc. (TSXV: PEI) (OTC Pink: GXRFF) ("Prospera", "PEI", the "Corporation", or the "Company")Prospera is pleased to report the strongest quarter in its recent history. Sales revenue reached $6.2 million ($91.17/boe), the highest quarterly revenue in five years, while operating netback rose to $2.0 million or $29.65/boe, the best in 24 months. These results were delivered through spring break-up, historically the highest-risk...

Prospera Announces $12.0 Million Non-Brokered Equity Financing to Scale Its Heavy-Oil Strategy

Mon, 29 Jun 2026 07:00:00 -0400

Calgary, Alberta--(Newsfile Corp. - June 29, 2026) - Prospera Energy Inc. (TSXV: PEI) (OTC Pink: GXRFF) ("Prospera", "PEI", the "Corporation", or the "Company")Prospera Energy is pleased to announce a non-brokered private placement of units of the Company at $0.04 per unit for aggregate gross proceeds of up to $12,000,000, the largest financing in the Company's history and a defining inflection point for Prospera. Over the past twenty months, the Company executed a deliberate and highly...

Prospera Energy Announces Q1 2026 Financial Results

Wed, 27 May 2026 08:00:00 -0400

Calgary, Alberta--(Newsfile Corp. - May 27, 2026) - Prospera (TSXV: PEI) (OTC Pink: GXRFF) ("Prospera", "PEI", the "Corporation", or the "Company") is pleased to announce its operational and financial results for the three months ended March 31, 2026. The quarter combined three storylines that, taken together, reposition the Corporation for the Luseland development program now underway: uninterrupted winter operations, a sharp inflection in March operating profitability driven by the...

Prospera Announces Operations Update and May Conference Call

Mon, 18 May 2026 07:00:00 -0400

Calgary, Alberta--(Newsfile Corp. - May 18, 2026) - Prospera Energy (TSXV: PEI) (OTC Pink: GXRFF) ("Prospera", "PEI", the "Corporation", or the "Company") is pleased to provide an operational update across its core Saskatchewan heavy oil portfolio, announce its May 2026 Corporate Update Conference Call, and highlight continued industry recognition through its participation in The Energy Year - Canada 2026 and the Global Energy Show Canada 2026. Year-to-date 2026 results at Hearts Hill, sustained...

Prospera Energy Reports 2025 Year-End Audited Financials and Reserves

Fri, 01 May 2026 07:00:00 -0400

Prospera Energy Inc. (TSXV: PEI) (OTC Pink: GXRFF) ("Prospera", "PEI", the "Company", or the "Corporation")Calgary, Alberta--(Newsfile Corp. - May 1, 2026) - Overview of 2025 & 2026 OutlookProspera Energy is pleased to report its operational and financial results for the year ended December 31, 2025, together with its independently evaluated reserves prepared by Sproule ERCE effective December 31, 2025. Prospera anchored in a deliberate strategy of converting wells previously slated for...

Letter to Prospera Shareholders: Eighteen Months of Transformational Execution

Fri, 01 May 2026 05:00:00 -0400

Prospera Energy Inc. (TSXV: PEI) (OTC Pink: GXRFF)Calgary, Alberta--(Newsfile Corp. - May 1, 2026) - Dear Prospera Shareholders,The last eighteen months have been the most consequential in Prospera Energy's history. Since management and board restructured on October 31, 2024, we have spent every day building the operational, strategic, and cultural foundation of a disciplined heavy oil company designed to compound shareholder value for years to come. This letter is an account of that work and...

Prospera Energy Announces Slate of Industry Presentations and Conferences

Mon, 20 Apr 2026 00:05:00 -0400

Calgary, Alberta--(Newsfile Corp. - April 20, 2026) - Prospera Energy Inc. (TSXV: PEI) (OTC Pink: GXRFF) ("Prospera", "PEI", the "Company", or the "Corporation") is pleased to announce a slate of upcoming investor presentations, speaking engagements, and industry participation covering capital markets forums, technical conferences, and professional development events. The breadth of invitations reflects increasing industry recognition of Prospera's heavy oil reactivation strategy, disciplined...