Stocks in play: Prairie Provident Resources Inc.

Has reached agreements with its lenders providing for the renewal of its current credit facilities, an issue of $11.4 million U.S. principal amount of six-year senior subordinated notes with proceeds applied against its revolving facility, amendments to its existing credit agreements to, among other things, reduce cash interest costs and reset financial covenants, and an issue of warrants to purchase up to 34,292,360 common shares (representing 19.9% of the total number of shares outstanding) at a price of $0.0192 per share. Prairie Provident Resources Inc. shares T.PPR are trading unchanged at $0.02.

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