Core Points - Prospect Park Capital Corp. held its annual general and special meeting of shareholders on July 21, 2025, with 19,450,235 shares represented, accounting for 23.5% of eligible voting shares [1] - The company completed a consolidation of its common shares on July 25, 2025, at a ratio of one post-consolidation share for every twenty pre-consolidation shares, resulting in 12,389,873 outstanding shares [2] - The company is transitioning from an investment issuer to an oil and gas issuer through an assignment and conveyance of overriding royalty interest (ORRI) with Wedgemount Texas Corp. [3][4] - The ORRI Assignment involves acquiring a 1% royalty interest for US$160,000 from certain oil and gas leases in Runnels County, Texas, pending shareholder approval for an amendment to its by-law [4][5] - A special meeting of shareholders is scheduled for September 26, 2025, to vote on the by-law amendment necessary for the ORRI Assignment [5] - The company completed a financing of $50,000 through secured convertible debentures, maturing on August 8, 2026, with a 12% annual interest rate, secured by the ORRI [6]