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Prospera Energy Announces Leadership Changes and Financial Developments
Company Announcements

Prospera Energy Announces Leadership Changes and Financial Developments

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Prospera Energy Inc ( (TSE:PEI) ) has provided an announcement.

Prospera Energy Inc. has announced the appointment of Darren Jackson as the new Chief Operating Officer to enhance operational excellence in the oil and gas sector. Additionally, the company has secured $900,000 through a non-brokered unit offering to optimize production and address working capital needs. Prospera is also settling a trade payable by issuing common shares and amending warrant terms to increase the likelihood of capital raising, subject to TSX Venture Exchange approval.

More about Prospera Energy Inc

Prospera Energy Inc. is a Canadian energy company focused on the exploration, development, and production of crude oil and natural gas. Based in Calgary, Alberta, the company aims to optimize recovery from legacy fields in Saskatchewan and Alberta using environmentally safe and efficient reservoir development methods. Prospera is publicly traded on the TSX Venture Exchange under PEI and the U.S. OTC Market under GXRFF.

YTD Price Performance: 16.67%

Average Trading Volume: 461,359

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$14.94M

See more insights into PEI stock on TipRanks’ Stock Analysis page.

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