Prospera Energy Inc. (TSXV:PEI) announced a non-brokered private placement of 7,560,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 378,000 on January 29, 2019. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase a common share at a price of CAD 0.12 per share for a period to and including January 25, 2020. The transaction included participation from Burkhard Franz, Chief Operating Officer of the company for 3,000,000 units, Zigma Inc. for 3,000,000 units. All securities issued in the transaction are subject to a hold period of four months from the date of closing. The company has received acceptance for filing documentation from TSX Venture Exchange.