Passing of Burkhard Franz, President and CEO

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Kelowna, British Columbia, Canada, August 19, 2019: Prospera Energy Inc. ("Prospera") regretfully advises of the sudden unexpected passing of its President and Chief Executive Officer, Burkhard Franz, in Kelowna on Sunday, August 18.

Sarshar Ahmad, who has been a senior consulting geologist to the Corporation, will serve as interim President and CEO.

About Prospera

Prospera is a Canadian natural resource company engaged in the acquisition, exploration, development and exploitation of oil and gas properties in Western Canada.

For further information:

Sarshar Ahmad, Interim President and Chief Executive Officer Email: sahmad@prosperaenergy.com
Tel: (403) 457-9010
Website: www.prosperaenergy.com

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