Prospera Energy

Prospera Energy increased its non-brokered convertible debenture offering to CAD $4.0 million, targeting a close date on or before December 14, 2025, pending TSXV approval. Proceeds will fund well reactivation, production optimization, and working capital. The debenture includes a 12% interest rate and conversion options into units at CAD $0.05/$0.10, with warrants. Prospera will also issue 1,000,000 shares to settle $82,144 in payables. While the offering aims to boost production, investors face potential dilution from conversion features and share issuance.