Eodway less than 2 years now since this company has been around they have raised monies at will and has Not been a problem at all. Last years fundraising for the drilling season closed in June, why are you continually patting yourself on the back...you spew out whiney garbage about how smart you are about telling management how and when to raise money...you are like a child with your weekly whine. Grow up and realize that the money in the bank now, 2 million about a month ago is plenty to last about 6 months.
here are all the fundraising we have done...notice ALL the options and warrants are "out of the money" so..........with the management just coming on board and fully in place about Nov 12, and the last fundraising still part of the prior flow through shares...when do you think they should have raised money? they are now at the point of fully understanding that we have the chance to literally double, maybe triple what we have as a deposit. The individual(s) that have invested in these deals below are not selling their shares and going away...they knew this would be a long term investment...and they are now licking their chops at this next round coming out...not one of their warrants are in the money...some at the 3.00 may expire worthless, as well as others, if this is the case we actually have "less" fully diluted shares" .
your weekly whining and back slaps get you no where!
we do not need immediate, self gratification, funding for a quick fix...we need long term stable funding to get this deposit threw the entire stages up to mine financing. does not have to come until late June.
Glencore has Polymet. https://www.glencorexstrataplc.com/
Antofagosta has Duluth Metals. https://www.antofagasta.co.uk/home.html
Trafigura (or the like) should have NKL. https://www.trafigura.com/
Prophecy Platinum Closes $10 Million Private Placement
Vancouver, British Columbia, November 17, 2011: Prophecy Platinum Corp. ("Prophecy Platinum" or the "Company") (TSX-V: NKL, OTC-QX: PNIKF, Frankfurt: P94P) is pleased to announce the closing of the non-brokered private placement previously announced on November 1, 2011 and increased on November 3, 2011. The Company has issued 3,709,489 common shares for total gross proceeds of $10,015,620.30.
Insiders and Company management subscriptions accounted for approximately 25% of the placement. Finder's fees of 6% of the proceeds placed, payable in cash, were paid on portions of the placement.
The shares issued are subject to a hold periods expiring on March 16, 2012 and March 17, 2012. Proceeds of the placement will be applied to the Company's flagship PGM-Ni-Cu Wellgreen project in the Yukon and its other properties, in addition to general working capital.
Prophecy Platinum Arranges $11.25 Million Non-Brokered Private Placement
Vancouver, British Columbia, June 25, 2012: Prophecy Platinum Corp. ("Prophecy" or the "Company") (TSX-V: NKL, OTC-QX: PNIKF, Frankfurt: P94P) announces that the Company has arranged a non-brokered private placement of 5,000,000 units at a price of $2.25 per share to raise aggregate gross proceeds of $11,250,000. It has canceled the overnight-marketed offering of special warrants announced on June 21, 2012.
Each private placement unit will be comprised of one share and one share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to acquire one additional common share (a "Warrant Share") at a price of $3.00 per Warrant Share for a period of 24 months.
Prophecy Platinum Closes $7.25 million Placement
Vancouver, B.C. , July 31, 2012 - Prophecy Platinum Corp. ("Prophecy" or the "Company") (TSX-V: NKL, OTC-QX: PNIKF, Frankfurt: P94P) reports the Company has closed a non-brokered private placement of units (each a "Unit") and flow through shares (each a "FT Share") totaling just over $7.25 million.
5,067,208 Units were issued at a price of $1.20 per Unit to generate gross proceeds of approximately $6,080,650. Each Unit comprised one common share and a half (1/2) share purchase warrant exercisable until July 31, 2014. Each whole warrant entitled the holder thereof to acquire one additional common share at a price of $1.50 per share in the first year of the warrant term and $2.00 per share in the second year of the warrant term. The warrants are subject to 30 day accelerated conversion if the closing price of the Company's shares on the TSX Venture Exchange is $2.80 or above for a period of 10 consecutive days. 807,655 FT Shares were issued at a price of $1.45 per FT Share to generate gross proceeds of approximately $1,171,100. Finder's fees of 6.5% of the proceeds placed, payable in cash, were paid on portions of the placement. The securities issued are subject to a hold periods expiring on December 1, 2012.
Prophecy Platinum Closes $3 Million Placement
Vancouver, B.C., August 30, 2012 – Prophecy Platinum Corp. ("Prophecy" or the “Company”) (TSX-V: NKL, OTC-QX: PNIKF, Frankfurt: P94P) reports the Company has closed a non-brokered private placement of 2,500,000 units (each a “Unit”) at a price of $1.20 per Unit for total gross proceeds of $3 million as announced on August 24, 2012.
To provide further details, the placement price reservation was filed with the TSX Venture Exchange on August 20, when the share price closed at $1.17. The single subscriber is an accredited strategic shareholder, who also subscribed to a major portion of the Company’s previous private placement on July 31.
Prophecy Platinum Closes Private Placement of Flow-Through Shares
VANCOUVER, British Columbia, December 27, 2012 – Prophecy Platinum Corp. ("Prophecy” or the “Company”) is pleased to announce that the Company has closed a non-brokered private placement (the “Private Placement”) of 1,135,635 common shares of the Company, issued on a “flow-through” basis (each a “FT Share”) at a price of $1.10 per FT Share, for gross proceeds totalling approximately $1.24 million.
The gross proceeds of the Private Placement will be applied primarily to the continuing exploration of the Company’s flagship Wellgreen PGM-Ni-Cu property located in the Yukon Territory, and also for exploration on the balance of the Canadian projects in the Company’s mineral portfolio.