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Home DeFi

PROPHECY DEFI ANNOUNCES GRANT OF OPTIONS | 2021-12-31 | Press Releases

admincrypto by admincrypto
January 1, 2022
in DeFi
PROPHECY DEFI ANNOUNCES GRANT OF OPTIONS | 2021-12-31 | Press Releases
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TORONTO, Dec. 31, 2021 /CNW/ – 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.

Prophecy DeFi Inc. logo (CNW Group/Prophecy DeFi Inc.)

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…

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