Financings

Prospera Announces Financing Update

By The Northwire Desk — AI Analysis Nov 12, 2025 · 20:45 PEI · 0.05 Prospera Energy Inc.

PEI · Price

Prospera Energy increased its non‑brokered private placement of convertible debentures from CAD $3 M to CAD $4 M, targeting a close on or before 14 Dec 2025.
The offering carries a 12% quarterly‑calculated interest rate, conversion price of $0.05 (Year 1) / $0.10 (Years 2‑3), and includes warrants for additional shares.
Separate agreements will settle trade payables with four vendors via issuance of approximately 1 M common shares at deemed prices ranging from $0.05 to $0.132 per share, subject to a 4‑month trading restriction.

Offering Size: CAD $4,000,000 (increase from original $3,000,000).
Instrument: Convertible debenture, three‑year term, unsecured, non‑brokered private placement.
Conversion Price: $0.05 if converted within the first year; $0.10 for conversions in years two or three.
Warrant Component: Each debenture convertible into one common share plus one warrant exercisable at $0.05 for an additional share (three‑year expiry).
Force‑Conversion Trigger: Share price ≥ $0.125 for ten consecutive days.
Interest Rate: 12% per annum, calculated quarterly; payable in cash or shares at market price at maturity/conversion.
Anti‑Dilution: Standard adjustments for splits, consolidations, spin‑offs, rights issues, reorganizations.
Target Close Date: On or before 14 Dec 2025, subject to TSXV acceptance.
Finder’s Fees: Up to 7% cash and 7% warrants payable to qualified finders.

Vendor	Payable Amount (CAD)	Shares Issued	Deemed Price per Share
Vendor 1	$13,174.59	100,000	$0.132
Vendor 2	$30,468.36	500,000	$0.061
Vendor 3	$7,500.00	150,000	$0.050
Vendor 4	$31,000.89	250,000	$0.124

Total Shares Issued: ~1,000,000 common shares.
Trading Restriction: Shares locked for four months and one day from issuance; subject to TSXV acceptance.

(No direct quotes were provided in the release.)

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