Prophecy Platinum Corp. (TSXV:NKL,OTCQX:PNIKF,FWB:P94P) announced the closing of the non-brokered private placement previously announced on November 1, 2011 and increased on November 3, 2011.
As quoted in the press release:
Insiders and Company management subscriptions accounted for approximately 25% of the placement. Finder’s fees of 6% of the proceeds placed, payable in cash, were paid on portions of the placement.
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