MarketWatch / marketwire: Prophecy Coal Arranges $9 Million Private Placement

Prophecy Coal Corp. announces that the Company has arranged a non-brokered private placement of approximately 20,000,000 shares at a price of $0.45 per share to raise aggregate gross proceeds of $9,000,000. Company insiders and existing shareholders have subscribed for a majority of this financing. Finder’s fees may be payable in connection with the financing in accordance with the policies of the TSX Exchange. To read the full article, click hereProphecy Coal Arranges $9 Million Private Placement

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