Prairie Provident Announces Strategic Light Oil Asset Acquisition and $8 Million Equity Financing
CALGARY, ALBERTA (February 14, 2017) – Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) (TSX: PPR) is pleased to announce that it has entered into an agreement to acquire strategic assets in the Greater Red Earth area of northern Alberta (the “Assets”) for cash consideration of $41 million, subject to customary adjustments (the “Acquisition”). …