Core Points - Prospera Energy Inc. plans to raise up to $2,000,000 through a non-brokered private placement of 12% convertible debentures, with conversion prices set at $0.05 for the first year and $0.10 for the second year [1][2] - The funds raised will be allocated for well reactivation, production optimization, strategic acquisitions, and working capital [2][4] - The offering includes a provision for a forced conversion if the company's shares trade at $0.125 for ten consecutive days [2] Financial Details - The convertible debentures will have a two-year term and will be secured by a second-priority lien, subordinate to existing senior debt [2][4] - Interest on the debentures is set at 12%, calculated quarterly and payable at maturity or conversion date, with the option to pay in cash or shares [2][4] - The company may pay finders a fee of 7% in cash and 7% in warrants for their assistance in the offering [2][3] Operational Updates - Prospera has mobilized a service rig to its Cuthbert property for a multi-well program aimed at increasing production [6] - Approximately 20% of the company's oil production is now committed to a seasonal asphalt sales agreement, enhancing netbacks through better pricing and transportation efficiencies [5] - The company is advancing a polymer flood pilot project in the Luseland pool, with three potential locations identified for optimal polymer injection [7] Strategic Initiatives - The corporation is working on consolidating its balance sheet under one senior secured debt instrument to enhance capital flexibility and support its business plan [4] - The company is expected to release its Q1 2025 financial statements on May 21, 2025, followed by an investor conference call on May 22, 2025 [8]

更多资料加入知识星球：水木调研纪要 关注公众号：水木Alpha May 6, 2025 07:13 PM GMT Global EM Strategist M Global Idea A New Phase in Flows EM fixed income investors are voting with their feet on the outlook for the USD, with flows returning to EM local market funds while hard currency sees continued outflows. Does a new era beckon? Key Takeaways Must reads from Global EM Strategy EM Fixed Income Strategy and Economics – IMF Spring Meetings Takeaways | 30-Apr-2025 We summarise our views from the IMF Spring Meetings, including highlig ...

SHENZHEN, China, May 9, 2025 /PRNewswire/ -- On May 6, 2025, Big Tree Cloud Investment Holdings Group (NASDAQ: DSY) (the "Group") successfully completed a new round of strategic capital increase with participation from Shenzhen Wengu Development Investment Partnership (Limited Partnership) ("Shenzhen Wengu"). The proceeds will be allocated to deepen supply chain integration, industrial consolidation, and R&D innovation in new materials within the personal care sector, further solidifying the Group's leaders ...

TORONTO, May 8, 2025 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") announces that, following the requisite approval of the Company's shareholders at the 2025 Annual General and Special Meeting of Shareholders held earlier today, the Company's board of directors has approved the consolidation (the "Consolidation") of the Company's issued and outstanding common shares (the "Common Shares") on the basis of one (1) post-Consolidation Common Share for every three ( ...

Gray Media (GTN) Q1 2025 Earnings Call May 08, 2025 01:00 PM ET Company Participants Hilton H. Howell Jr - Chairman & CEOKevin Latek - Chief Legal and Development OfficerPat LaPlatney - President and Co-CEOJeff Gignac - Executive VP & CFOPatrick Sholl - Vice PresidentAlan Gould - Managing Director Conference Call Participants Daniel Kurnos - Equity Research AnalystAaron Watts - Managing Director, Media, Entertainment, Cable, & Satellite Credit AnalystCraig Huber - Equity Research AnalystSteven Cahill - Anal ...

Radware (RDWR) Q1 2025 Earnings Call May 07, 2025 08:30 AM ET Company Participants Yisca Erez - Director of Investor RelationsRoy Zisapel - Co-Founder, CEO, President & DirectorGuy Avidan - Chief Financial OfficerJoseph Gallo - Senior Vice President Operator Welcome to the Radware Conference Call discussing First Quarter twenty twenty five Results. Thank you all for holding. At this time, all participants are in a listen only mode. A brief question and answer session will follow the formal presentation. As ...

NANPING, China, May 6, 2025 /PRNewswire/ -- Golden Heaven Group Holdings Ltd. ("Golden Heaven" or the "Company") (Nasdaq: GDHG), an amusement park operator in China, today announced that the Company's board of directors approved on April 23, 2025 that the authorized, issued, and outstanding shares of the Company be consolidated on a 25 for 1 ratio with the marketplace effective date of May 9, 2025.The objective of the share consolidation is to enable the Company to regain compliance with Nasdaq Marketplace ...

Premium Announces Intention to List on the NASDAQ and Provides Details for Upcoming Annual General & Special MeetingMay 06, 2025 9:10 AM EDT | Source: Premium Resources Ltd.Toronto, Ontario--(Newsfile Corp. - May 6, 2025) - Premium Resources Ltd. (TSXV: PREM) (OTC Pink: PRMLF) ("PREM" or the "Company") announces that the Company's 2025 Annual General and Special Meeting of Shareholders (the "AGSM") will be held in-person at 15th Floor, 1111 West Hastings Street, Vancouver, BC, V6E 2J3, on Tues ...

Not for distribution by US newswire or in United States TORONTO, May 06, 2025 (GLOBE NEWSWIRE) -- VAXIL BIO LTD. (“Vaxil” or the “Company”) (TSX VENTURE: VXL), is pleased to make the following updates regarding the Company’s activities. Vaxil announces that it will be consolidating all of the issued and outstanding common shares of the Company ("Common Shares") on the basis of one (1) post consolidation Common Share for each fifty (50) pre consolidation Common Shares (the "Consolidation"). The Corporatio ...

Dublin, May 02, 2025 (GLOBE NEWSWIRE) -- The "U.S. Physical Therapy Clinics: An Industry Analysis" report from Marketdata LLC has been added to ResearchAndMarkets.com's offering. This analysis examines the $53 billion outpatient physical and occupational therapy centers industry. Speech therapy and audiologists are also included. The physical therapy business is highly fragmented, with the 50 largest competitors capturing only 29% of the revenues, which makes it ripe for consolidation. Moderate growth is f ...