Brief: Prophecy Development Corp Announces $2.6 Million Private Placement
26/08/2019 20:49
Aug 26 (Reuters) - Prophecy Development Corp PCY.TO :
* PROPHECY DEVELOPMENT CORP ANNOUNCES $2.6 MILLION PRIVATE
PLACEMENT
* PROPHECY DEVELOPMENT CORP - UNDERTAKING NON-BROKERED
PRIVATE
PLACEMENT INVOLVING ISSUANCE OF 13 MILLION COMMON SHARES OF CO
AT $0.20/SHARE
* PROPHECY DEVELOPMENT CORP - CO MANAGEMENT AND DIRECTORS
WILL
SUBSCRIBE 2 MILLION SHARES OF PLACEMENT
* PROPHECY DEVELOPMENT CORP - PROCEEDS OF PLACEMENT ARE
EXPECTED
TO BE USED TO DEVELOP PROPHECY’S MINERAL PROJECTS
Source text - (http://bit.ly/2NADIW2)
Further company coverage: PCY.TO
((Reuters.Briefs@thomsonreuters.com;))
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