$20 Million Private Placement for Prophecy Platinum Corp.

Prophecy Platinum Corp.(TSXV:NKL) announced that it will be undertaking a $20 million brokered private placement. The placement will consist of special warrants at a price of $2.25 and flow-through warrants at a price of $2.50 per unit.

As quoted in the press release:

Each Special Warrant will entitle the holder thereof, upon exercise of each Special Warrant, to receive, without payment of additional consideration, one common share of the Company (a “Special Warrant Share”) and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder thereof to acquire one additional common share (a “Warrant Share”) at a price of $3.00 per Warrant Share for a period of 24 months.

Click here to read the Prophecy Platinum Corp. (TSXV:NKL) press release

See this press release on Marketwire
Click here to see the Prophecy Platinum Corp. (TSXV:NKL) profile

Get the Latest Platinum Investing Stock Information

Get the latest information about companies associated with Platinum Investing delivered directly to your inbox.

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Platinum Report Cover small 

Get Our Expert Guide to Platinum Investing FREE!

  Download this FREE Special Report, Why Invest in Platinum Stocks? What the Future Could Hold for Lonmin, the AMCU and South African Platinum Production.

Leave a Reply