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CALGARY, Alberta, Aug. 30, 2024 (GLOBE NEWSWIRE) — Prairie Provident Sources Inc. (“Prairie Provident” or the “Firm”) (TSX:PPR) broadcasts an extension to the maturity date of its senior secured credit score facility (the “First Lien Mortgage”) till September 20, 2024 in addition to the deferral of all curiosity fee obligations thereunder. The Firm and its lender are actively engaged in discussions on an additional extension of the First Lien Mortgage.
ABOUT PRAIRIE PROVIDENT
Prairie Provident is a Calgary-based firm engaged within the exploration and growth of oil and pure gasoline properties in Alberta, together with a place within the rising Basal Quartz development within the Michichi space of Central Alberta.
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For additional info, please contact:
Ryan Rawlyk, President and CEO
Cellphone: (403) 292-8180
E-mail: data@ppr.ca
Ahead-Wanting Data
Reference on this information launch to an additional extension of the First Lien Mortgage might represent forward-looking info throughout the which means of relevant Canadian securities legal guidelines. Ahead-looking info is offered as of the date of this information launch and relies on the Firm’s present assumptions, plans, expectations and beliefs. Ahead-looking info is, nevertheless, inherently unsure, and there may be no assurance that any occasion, final result or circumstance acknowledged or recommended in forward-looking info, together with an additional extension of the First Lien Mortgage, will happen or be realized. Prairie Provident assumes no obligation to publicly replace or revise any forward-looking info herein to mirror new or totally different occasions, outcomes or circumstances, or in any other case, besides as could also be required pursuant to relevant legal guidelines.
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