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Toronto, Ontario–(Newsfile Corp. – August 3, 2023) – Prophecy DeFi Inc. (CSE: PDFI) (“Prophecy DeFi” or the “Firm“), publicizes that it has settled an mixture of $105,000 of indebtedness owed to sure collectors by means of the issuance of an mixture of 700,000 frequent shares (every, a “Widespread Share“) within the capital of the Firm at a worth of $0.15 per Widespread Share (the “Debt Settlement“).
All Widespread Shares issued in reference to the Debt Settlement are topic to a statutory maintain interval of 4 months plus a day from the date of issuance in accordance with relevant securities laws.
About Prophecy DeFi
Prophecy DeFi (CSE: PDFI) supplies retail and institutional buyers with entry to the decentralized finance sector by bridging the hole between DeFi and conventional finance. Prophecy DeFi invests in numerous DeFi and Internet 3.0 startups to create new enterprise alternatives in a coherent ecosystem.
For additional info, please contact:
John McMahon, CEO
Tel: (416) 764-0314
Electronic mail: jmcmahon@prophecydefi.com
Ahead-Wanting Data
Sure info set forth on this information launch could include forward-looking info that includes substantial identified and unknown dangers and uncertainties. This forward-looking info is topic to quite a few dangers and uncertainties, sure of that are past the management of the Firm, together with, however not restricted to, the affect of common financial situations, trade situations, and dependence upon regulatory approvals and the likelihood that the completion of the transaction could not happen. Readers are cautioned that the assumptions used within the preparation of such info, though thought-about affordable on the time of preparation, could show to be imprecise and, as such, undue reliance shouldn’t be positioned on forward-looking info. The events undertake no obligation to replace forward-looking info besides as in any other case could also be required by relevant securities legislation.
Neither the Canadian Securities Trade nor the Funding Trade Regulatory Group of Canada accepts accountability for the adequacy or accuracy of this launch.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES
To view the supply model of this press launch, please go to https://www.newsfilecorp.com/release/176002
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