VANCOUVER, British Columbia, December 31, 2021 (GLOBE NEWSWIRE) – Prophecy Potash Corp. (the “Company”) (CSE: NUGT) is pleased to announce that, pursuant to a resolution of the directors, it will change its name from “Prophecy Potash Corp.” to “Alpha Copper Corp.” (the “Name change“). The Company expects that the name change and a change in its ticker symbol will take place on January 4, 2022. The Company’s common shares will continue to trade on the Canadian Securities Exchange under its new ticker symbol, ALCU, as of the market opens on January 4, 2022. The Company’s new CUSIP is 02074D108 and its new ISIN is CA02074D1087.
Completion of the name change is subject to receipt of all required regulatory approvals. In accordance with the provisions of Business Corporations Act (British Columbia) and the Articles of the Company, shareholder approval for the name change is not required and, therefore, the Company is not seeking shareholder approval for the name change. Shareholders of the Company are not required to exchange their existing share certificates for new certificates bearing the new name of the Company. The Name Change does not affect the shareholding structure of the Company or the rights of the shareholders of the Company, and no further action is required from the existing shareholders.
ON BEHALF OF THE BOARD OF DIRECTORS
Further information on the Company is available under its profile on the SEDAR website, www.sedar.com. A new corporate website at www.alphacuivre.com Will be available soon.
Neither CSE Exchange nor its Regulation Services Provider (as that term is defined in the policies of CSE Exchange) accepts responsibility for the adequacy or accuracy of this version.
Statements included in this announcement, including statements regarding our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as “forward-looking statements”. Forward-looking statements may be identified by words such as “anticipates”, “believes”, “intends”, “believes”, “expects” and similar expressions. The Company cautions readers that forward-looking statements, including, but not limited to, those relating to the future operations and business prospects of the Company, are subject to certain risks and uncertainties which could cause actual results to differ materially. and those indicated in forward-looking statements.