Prairie Provident Announces Interim Extension of Senior Credit Facility

Source: www.gulfoilandgas.com 8/30/2024, Location: North America

Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) (TSX:PPR) announces an extension to the maturity date of its senior secured credit facility (the “First Lien Loan”) until September 20, 2024 as well as the deferral of all interest payment obligations thereunder. The Company and its lender are actively engaged in discussions on a further extension of the First Lien Loan.

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