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Prophecy DeFi Announces Closing of Debt Settlement

by admin
August 3, 2023
in DeFi
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Prophecy DeFi Announces Closing of Debt Settlement
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Toronto, Ontario–(Newsfile Corp. – August 3, 2023) – Prophecy DeFi Inc. (CSE: PDFI) (“Prophecy DeFi” or the “Firm“), declares that it has settled an mixture of $105,000 of indebtedness owed to sure collectors by the issuance of an mixture of 700,000 frequent shares (every, a “Frequent Share“) within the capital of the Firm at a value of $0.15 per Frequent Share (the “Debt Settlement“).

All Frequent Shares issued in reference to the Debt Settlement are topic to a statutory maintain interval of 4 months plus a day from the date of issuance in accordance with relevant securities laws.

About Prophecy DeFi

Prophecy DeFi (CSE: PDFI) offers retail and institutional traders with entry to the decentralized finance sector by bridging the hole between DeFi and conventional finance. Prophecy DeFi invests in various DeFi and Internet 3.0 startups to create new enterprise alternatives in a coherent ecosystem.

www.prophecydefi.com

For additional info, please contact:

John McMahon, CEO
Tel: (416) 764-0314
E mail: jmcmahon@prophecydefi.com

Ahead-Trying Data

Sure info set forth on this information launch might comprise forward-looking info that includes substantial recognized and unknown dangers and uncertainties. This forward-looking info is topic to quite a few dangers and uncertainties, sure of that are past the management of the Firm, together with, however not restricted to, the influence of basic financial circumstances, trade circumstances, and dependence upon regulatory approvals and the likelihood that the completion of the transaction might not happen. Readers are cautioned that the assumptions used within the preparation of such info, though thought-about cheap on the time of preparation, might show to be imprecise and, as such, undue reliance shouldn’t be positioned on forward-looking info. The events undertake no obligation to replace forward-looking info besides as in any other case could also be required by relevant securities legislation.

Neither the Canadian Securities Alternate nor the Funding Business Regulatory Group of Canada accepts accountability for the adequacy or accuracy of this launch.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES

To view the supply model of this press launch, please go to https://www.newsfilecorp.com/release/176002



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Tags: announcesclosingdebtDeFiProphecySettlement
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