Prairie Provident Resources Inc T.PPR

Princess Area - Nov 18 Crown Land Sale

[energee]

PPR acquired some lands at the Alberta Nov 18 Crown land Sale.  Only a half section but they obviously like the play.  Now that the debt is parked, they can add some value with selectyive drill operations.

ALBERTA DEPARTMENT OF ENERGY ACCEPTED OFFERS FOR NOVEMBER 18, 2020 PUBLIC OFFERING OF PETROLEUM AND NATURAL GAS
Parcel A0002(4-10-018)100% PRAIRIE PROVIDENT RESOURCES CANADA LTD.

Successful BID $53,999.36 ($421.87 hectare)

[filefish]

Princess looks like an area they know and realize they can get some economical drilling results. New credit line affords them 5-10mil to further develop the area. Frankly, I am surprised about they were able to get  the creditors to extend, but then what choice do they have other than to blow down production and pay interest and maybe some debt, eventually. While waiting for their number to

[energee]

You are correct on the shareholder voting. Looks like 63MM of 171MM shares voted (37%).  Management should publish an new Corporate Presentation and update shareholders on the go-forward plan. Existing presentation on their site is from February 2020.