Prairie Operating Co. Announces Registered Direct Offering of Series F Convertible Preferred Stock and Warrants to Purchase Common Stock

Preferred Stock Offering Announcement: Prairie Operating Co. has entered into a Securities Purchase Agreement to issue 150,000 shares of Series F Convertible Preferred Stock, which will provide holders with a cumulative dividend of 12% per annum. The proceeds from this offering will help fund the acquisition of oil and gas assets from Bayswater Exploration and Production.

Use of Proceeds and Future Plans: The company plans to utilize the net proceeds from both the Preferred Stock Offering and a concurrent common stock offering for the Bayswater Acquisition and other corporate purposes, including development programs and debt repayment.