Toronto, Ontario–(Newsfile Corp. – December 28, 2023) – Prophecy DeFi Inc. (CSE: PDFI) (“DeFi Prophecy“or the”Farm“) announces that he has granted a mix of two,000,000 choices (“Choices“) to purchase common shares of the Company from a certain officer, director, employee and officer of the Company, exercisable at a value of $0.05 per common share for a period of 5 (5) years from the date grant, in accordance with the terms of the Company’s inventory contingency plan. Additionally, the Company announces that it has canceled 3,292,000 options in accordance with the terms of the Company’s inventory contingency plan. The Elections were granted between March 2021 and December 2021 to certain officers, directors, staff and consultants of the Firm. The canceled elections had train costs ranging from $0.22 to $0.60 and expiration dates ranging from March 2024 to December 2024. The choices were voluntarily transferred by the holders without consideration.
Current shares that may be issued following the options granted are subject to a legal retention period of four months from the date of grant.
About Prophecy DeFi
Prophecy DeFi Inc. (PDFI) is a publicly traded finance company whose primary objective is to position its funds to produce returns from capital appreciation and income. It plans to achieve these goals by bringing together technology start-ups from the blockchain and decentralized finance sectors to fund innovation, elevate business analytics, and create new business opportunities in a cohesive ecosystem.
For additional data, please contact:
John McMahon, CEO
Tel: (416) 764-0314
E-mail: (email protected)
Certain data presented in this press release may include forward-looking data that involves significant identified and unknown hazards and uncertainties. Such forward-looking data is subject to numerous risks and uncertainties, some of which are beyond the Company’s control, including, but not limited to, the impact of basic financial situations, business conditions and dependence on regulatory approvals and the likelihood that the transaction will not be completed. Readers are cautioned that the assumptions used in the preparation of these data, although considered inexpensive at the time of preparation, may prove to be imprecise and, therefore, undue reliance should not be placed on the forward-looking data. Events assumes no obligation to supersede forward-looking data, as in any other case applicable securities regulations may also require it.
Neither Canadian Securities Change nor the Funding Trade Regulatory Group of Canada takes responsibility for the adequacy or accuracy of this release.
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