Prairie Provident Resources Inc. announced the appointment of Ryan Rawlyk as President, effective January 1, 2024. Mr. Rawlyk currently serves as Chief Operating Officer and has been with the Company since September 2021. Mr. Rawlyk will succeed Patrick McDonald, who has served as Interim Chief Executive Officer since December 2022 and will continue to serve as Chairman of the Board of Directors. The Board of Directors has formed a committee (the "Executive Committee") consisting of directors Dale Miller
(Chair), Patrick McDonald and Glenn Hamilton. The significant industry experience within the Executive
Committee is intended to provide operational, financial and transactional direction as the Company continues to
refocus after the recapitalization completed earlier this year. The Company also announces the resignation of Ajay Sabherwal as a director of the Company.