Mr. John McMahon reports

PROPHECY DEFI ANNOUNCES CLOSING OF UNIT OFFERING

Prophecy Defi Inc., further to its news release dated Dec. 24, 2025, has closed its non-brokered private placement through the issuance of seven million units at a price of five cents per unit.

Each unit consists of one common share and one common share purchase warrant. Each common share purchase warrant is exercisable into one additional common share at a price of 10 cents for a period of five years from the closing date.

Proceeds from the private placement will be used by the company for working capital and for other general and administrative costs. All securities issued pursuant to the private placement are subject to a four-month hold period from the date of issue.

About Prophecy Defi Inc.

Prophecy Defi Inc. is a publicly traded investment company, the primary objective of which is to invest its funds for the purpose of generating returns from capital appreciation and income. It plans to accomplish these goals by bringing together technology start-ups in the blockchain and decentralized finance sectors to finance innovation, elevate industry research and create new business opportunities in a coherent ecosystem.

We seek Safe Harbor.