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Prairie Provident Resources Inc. closes brokered private placement offer


Date

May 16, 2023

Office Involved

Value

4 Million CAD

On May 16, 2023, Prairie Provident Resources Inc. (“PPR”) closed its brokered private placement offering of units of PPR (the “Units”) at a price of C$0.09 per Unit, for aggregate gross proceeds to PPR of C$4 million.

Research Capital Corporation is an independent full service investment firm headquartered in Toronto, Ontario.

PPR is a Calgary-based company engaged in the exploration, development and production of its low decline, long life oil reserves in Alberta.

McCarthy Tetrault advised Research Capital Corporation with a team led by Gordon Cameron that included Simran Choongh, Matthew Hooker, and Karsten Carriere (Business).