PROPHECY DEFI ANNOUNCES GRANT OF OPTIONS

PROPHECY DEFI ANNOUNCES GRANT OF OPTIONS

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

 Prophecy DeFi Inc. (" Prophecy DeFi " or the " Company ") (CSE: PDFI) announces that it has granted an aggregate of 1,400,000 options to purchase common shares of the Company to an officer and consultants of the Company, exercisable at a price of $0.60 per common share for a period of three (3) years from the date of grant, in accordance with the terms of the Company's stock option plan. The common shares issuable upon exercise of the options are subject to a statutory hold period of four months and one day from the date of grant.

About Prophecy DeFi

Prophecy DeFi (CSE: PDFI) officially launched on June 23, 2021 . The Company aims to bring together technology start-ups in the Blockchain and DeFi sectors to fund innovation, elevate industry research, and create new business opportunities in a coherent ecosystem.

www.prophecydefi.com

Forward-Looking Information


Certain information set forth in this news release may contain forward-looking information that involves substantial known and unknown risks and uncertainties. This forward-looking information includes, among others, statements regarding the expected use of proceeds of the Offering. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking information. No assurance can be given that any of the events anticipated by the forward-looking information will transpire or occur or, if any of them do so, what benefits the Company will derive therefrom. The forward-looking information is made as of the date of this news release and the Company undertakes no obligation to update forward-looking information except as otherwise may be required by applicable securities law.


Neither the Canadian Securities Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

SOURCE Prophecy DeFi Inc.

Cision View original content to download multimedia: https://www.newswire.ca/en/releases/archive/December2021/31/c6760.html

News Provided by Canada Newswire via QuoteMedia

PDFI:CC
The Conversation (0)
Stacks of 100-dollar bills under blue digital financial graphs and indicators, Text reads: 2.5%, 1.8%.

Bitwise’s Matt Hougan Lays Out Five Forces That Will Drive Crypto’s Next Cycle

Bitwise Asset Management Chief Investment Officer Matt Hougan outlined what he believes will power a new bull cycle in crypto, one he said has the potential to be more durable than the boom-and-bust runs that preceded it.Bitwise, founded in 2017, is one of the larger crypto-focused asset... Keep Reading...
Dome of neoclassical building with arched windows and US flag flying in front.

Crypto Market Update: Senate Blocks CLARITY Act in Close Vote

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.Here's a quick recap of the crypto landscape for Wednesday (September 16) as of 10:00 p.m. UTC.Bitcoin price updateBitcoin price chartEther and altcoin price updateToday's crypto news... Keep Reading...
Gold stablecoin against stock ticker backdrop.

Crypto Market Update: Coinbase Partners with Moov on Stablecoins

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.Here's a quick recap of the crypto landscape for Monday (September 14) as of 10:00 a.m. UTC.Bitcoin price updateBitcoin price chartEther and altcoin price updateToday's crypto news to... Keep Reading...
Gold Bitcoin and Cardano coins on electronic circuit board with blurred warm lights in the background.

Crypto Market Update: Senate Republicans Unveil Revised CLARITY Act Ahead of Vote

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.Here's a quick recap of the crypto landscape for Friday (September 11) as of 10:00 p.m. UTC.Bitcoin price updateBitcoin price chartEther and altcoin price updateToday's crypto news to... Keep Reading...
Chris Turner.

Chris Turner on Building Interoperability for Real-World Assets

Tokenization is shifting from hype to infrastructure, but adoption is limited because platforms can't communicate seamlessly across jurisdictions, exchanges and compliance frameworks. Without shared standards, tokenized real-world assets become isolated inside proprietary systems, restricting... Keep Reading...
Red grid background with downward red arrows and fluctuating white line graph.

Crypto Market Update: Hunter Biden's LAPTOP Token Flops on Debut

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.Here's a quick recap of the crypto landscape for Wednesday (September 9) as of 10:00 p.m. UTC.Bitcoin price updateBitcoin price chartEther and altcoin price updateToday's crypto news... Keep Reading...

Interactive Chart

Latest Press Releases

Related News