From GlobeNewswire: 2025-04-10 19:09:00

Prospera Energy Inc. announces key leadership changes, with Shubham Garg appointed as Interim CEO and Christopher Moore joining the Board of Directors. Mr. Moore’s extensive industry experience will enhance Prospera’s strategic direction and governance. The company also secured a $1,000,000 amendment to its promissory note, bringing the total principal amount to $15,500,000. Amid operational uncertainties, Prospera is refining its short-term business strategy to maintain financial flexibility. The company’s reactivation program at its Luseland property has shown significant production increase. These developments highlight Prospera’s commitment to operational success and shareholder value.

For further information, please contact Shawn Mehler at [email protected], Chris Ludtke at [email protected], or Shubham Garg at [email protected]. Prospera cautions that forward-looking statements involve risks and uncertainties, and actual results may differ from anticipated outcomes. The company is dedicated to providing transparent and accurate information to shareholders and stakeholders.



Read more at GlobeNewswire: Prospera Energy Announces Leadership and Operations Update