CALGARY, AB / ACCESSWIRE / May 1, 2020 / Prospera Energy Inc. ("Prospera" or the "Company") (TSXV:PEI)(FRA:OF6A) today announces that the Company is relying on the Alberta Securities Commission ("ASC") Blanket Order 51-517 Temporary Exemption from Certain Corporate Finance Requirements (the "ASC Order") to file its audited financial statements for the year ended December 31, 2019 and the accompanying management's discussion and analysis under National Instrument 51-102 Continuous Disclosure Obligations ("NI 51-102"), CEO and CFO certifications under National Instrument 52-109 Certification of Disclosure in Issuers' Annual and Interim Filings, and statement of reserves data and other information under National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities (collectively, the "Year-end Disclosure") after April 30, 2020.
The Company's management and other insiders are subject to an insider trading black-out policy that reflects the principles in section 9 of National Policy 11-207 Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions.
The Year-end Disclosure is expected to be filed under the Company's profile on SEDAR at www.sedar.com on or about June 1, 2020. Other than as disclosed herein or under the Company's profile on SEDAR at www.sedar.com, the Company confirms that there have been no material business developments since being the filing date of its last interim financial statements.
For further information please contact:
Sarshar Ahmad
Prospera Energy Inc.
700, 1300 - 8th St SW, Calgary, AB T2R 1B2
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SOURCE: Prospera Energy Inc.