• Prophecy Closes Gibellini Vanadium Project Acquisition and Sets Company Priority

    23 Jun, 2017

    Vancouver, British Columbia, June 23, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) is pleased to announce that it has successfully acquired the Gibellini vanadium project on lease terms described in the Company’s news release dated May 8, 2017. Prophecy is reviewing the Gibellini feasibility study that was prepared for the prior operator, American Vanadium Corp. (“AVC”) by AMEC E&C Services, Inc., with an effective date of August […]

  • Early Warning Report

    16 Jun, 2017

    Vancouver, British Columbia, June 15, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCF, Frankfurt:1P2N) announces that John Lee, of Suite 1301, 12 Harcourt Road, Central, Hong Kong, Executive Chairman of the Company, acquired the following securities of the Company: • 600 shares in the public market on April 6, 2017; • 600 shares in the public market on April 10, 2017; • 30,000 units (each, comprised of one share […]

  • Prophecy Shareholders Pass All Resolutions at 2017 AGM

    13 Jun, 2017

    Vancouver, British Columbia, June 13, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2) is pleased to announce that all proposed resolutions were approved at the Company’s Annual General Meeting of shareholders held on June 13, 2017 in Vancouver, British Columbia (the “Meeting”). The number of directors was set at five and all director nominees, as listed in the Management Information Circular dated April 27, 2017 (the “Information Circular”), […]

  • Prophecy Provides Pulacayo Project Update

    18 May, 2017

    Vancouver, British Columbia, May 18, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) is pleased to announce that it has finalized detailed internal mine plans for the Paca project, initially targeting nearsurface mineralization with a low mining strip ratio. In addition, the Company has executed agreements regarding the sourcing of skilled workers through the local Pulacayo cooperatives for future mining operations at the Pulacayo and Paca projects. Further […]

  • Prophecy Expects to Close Gibellini Project Acquisition in May

    17 May, 2017

    Vancouver, British Columbia, May 17, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) is pleased to provide the following corporate update. Gibellini Vanadium Project: On May 8, 2017, Prophecy entered into a binding letter agreement (the “Letter Agreement”) with arm’s-length, private parties to acquire through lease, the Gibellini vanadium project in Nevada, USA (the “Gibellini Project”). The parties are currently finalizing the definitive agreement and expect to close […]

  • Prophecy to Acquire Advanced Gibellini Vanadium Project in Nevada

    08 May, 2017

    Vancouver, British Columbia, May 8, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) has entered into a binding letter agreement (the “Letter Agreement”) with arm’s-length, private parties (the “Lessor”) to acquire through lease, the Gibellini vanadium project in Nevada, USA (the “Gibellini Project”) with the intent to carry-out mining operations there. Proposed Transaction Summary Under the Letter Agreement, Prophecy will lease the Gibellini mining claims which constitute the […]

  • Prophecy Closes Oversubscribed Private Placement Grossing $413,000

    12 Apr, 2017

    Vancouver, British Columbia, April 12, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) The Company announces that it has closed, subject to TSX approval, a non-brokered private placement (the “Placement”) involving the issuance of 103,250 units (each a “Unit”) at a price of $4.00 per Unit previously announced on March 14, 2017. Each Unit consists of one Common share in the capital of the Company (a “Share”) and […]

  • Prophecy Announces $400,000 Private Placement

    14 Mar, 2017

    Vancouver, British Columbia, March 14, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) announces that it is undertaking a non-brokered private placement (the “Placement”) involving the issuance of 100,000 units (each a “Unit”) at a price of $4.00 per Unit. Each Unit will consist of one Common share in the capital of the Company (a “Share”) and one Share purchase warrant (a “Warrant”). Each Warrant entitles the holder […]

  • Prophecy to Greet Investors at 2017 PDAC Bolivian and Mongolian Forums in Toronto March 5 to 8

    01 Mar, 2017

    Vancouver, British Columbia, March 1, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) is pleased to invite shareholders and investors to the following presentations and receptions to be held at the Metro Toronto Convention Center: Sunday, March 5, 2017 2:00pm to 7:30pm Mongolia: For stability, unlocking the potential Location: Room 206D http://www.pdac.ca/convention/programming/presentation-reception-rooms/sessions/presentation-reception-rooms/mongolia-for-stability-unlocking-the-potential “Organized by Mongolia’s Ministry of Mining and Heavy Industry, in partnership with Mongolian and foreign invested […]

  • Prophecy Consolidates 100% of Titan Vanadium Project

    10 Feb, 2017

    Vancouver, British Columbia, February 10, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) is pleased to announce that it has successfully closed the acquisition of the remaining 20% title interest of Randsburg International Gold Corp. (“Randsburg”) in the patented claims that comprise the Titan vanadium-titanium-iron project (“Titan”) in Ontario, Canada on the terms described in the Company’s news release dated January 27, 2017 (the “Acquisition”). Prior to the […]

  • Prophecy to Consolidate 100% of Titan Vanadium Project in Ontario to Target Vanadium Redox Battery Market

    27 Jan, 2017

    Vancouver, British Columbia, January 27, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) is pleased to announce that it has entered into a definitive agreement (the “Agreement”) with Randsburg International Gold Corp. (“Randsburg”) to acquire Randsburg’s 20% title interest in the patented claims that comprise the Titan vanadium-titanium-iron project (“Titan”) in Ontario, Canada. Prophecy currently owns 80% of Titan prior to this pending transaction. The Titan project is […]

  • Early Warning Report

    16 Jan, 2017

    Vancouver, British Columbia, January 16, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCF, Frankfurt:1P2N) announces that John Lee, of Suite 1301, 12 Harcourt Road, Central, Hong Kong, Executive Chairman of the Company, acquired 30,000 options to purchase shares of Prophecy and 18,000 shares as a performance bonus on January 12, 2017, and acquired 300,000 shares via a debt settlement private placement, and disposed of 450,000 shares through two private […]

  • Prophecy Settles $900,000 of Credit Facility Balance and Closes $150,000 Private Placement

    13 Jan, 2017

    Vancouver, British Columbia, January 13, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) announces that for nominal consideration of $1, Linx Partners Ltd. (“Linx”), a company controlled by John Lee, Executive Chairman of Prophecy, has agreed to accrue and postpone the repayment of any principal, interest and fees due under the $2.5 million revolving credit facility agreement between itself and the Company dated March 12, 2015, as amended […]

  • Prophecy Announces $150,000 Private Placement

    09 Jan, 2017

    Vancouver, British Columbia, January 9, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) announces that it is undertaking a non-brokered private placement (the “Placement”) involving the issuance of up to 50,000 units (each a “Unit”) at a price of $3.00 per Unit. Each Unit will consist of one Common share in the capital of the Company (a “Share”) and one Share purchase warrant (a “Warrant”). Each Warrant entitles […]