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Gibellini (Primary Vanadium)

0.5% vanadium doubles the strengths of steel.

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Vanadium redox battery poised to be the leading choice for grid scale energy storage.

Vanadium

Critical element for high tech and aerospace alloys.

Vanadium Batteries

Vanadium redox battery poised to be the leading choice for grid scale energy storage
  • Prophecy Expands Gibellini Staking and Outlines Vanadium Business Strategy

    05 Dec, 2017

    Vancouver, British Columbia, December 5, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) is pleased to announce that it has significantly expanded the land position at its Gibellini project, located in Nevada’s Battle Mountain region, about 25 miles south of the town of Eureka. Staking A total of 198 new claims have been staked immediately adjacent to the Gibellini project covering 4091 acres that are sufficient to enable […]

  • Prophecy Closes-Out Credit Facility

    28 Nov, 2017

    Vancouver, British Columbia, November 28, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) is pleased to announce that it has closed-out its revolving credit facility agreement dated March 12, 2015, as amended (the “Credit Facility”) with Linx Partners Ltd. (“Linx”), a company wholly-owned and controlled by John Lee, Executive Chairman of Prophecy. The Company is now debt-free and sufficiently funded to carry-out feasibility and permitting work for its […]

  • Prophecy Reports 2.08 Million Tonnes of Indicated Resource Grading: 455 g/t Silver, 3.19% Zinc, 2.18% Lead (594 g/t Ag...

    22 Nov, 2017

    Vancouver, British Columbia, November 22, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) has received an independent technical report with an effective date of October 20, 2017 titled “Updated Mineral Resource Estimate and Technical Report for the Pulacayo Project” (the “Report”). The Report was prepared by Mercator Geological Services Limited (“Mercator”) on the Company’s Pulacayo project (the “Project”) and has been filed under the Company’s profile on the […]

  • Prophecy Reports Measured and Indicated Mineral Resource for Gibellini Primary Vanadium Project in Nevada

    20 Nov, 2017

    Vancouver, British Columbia, November 20, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) has received an independent technical report titled “Gibellini Vanadium Project Nevada, USA NI 43-101 Technical Report” with an effective date of November 10, 2017 (the “Report”) prepared by Amec Foster Wheeler E&C Services Inc. on the Gibellini vanadium project (the “Project”) which has been filed under the Company’s profile on the System for Electronic Document […]

  • Prophecy Reports 46 Million Tonnes at 0.24% Vanadium and 14.88% TiO2 Inferred Resource at Titan, Gibellini Resource Estimate Currently...

    08 Nov, 2017

    Vancouver, British Columbia, November 8, 2017 – Prophecy Development Corp. (the “Company” or “Prophecy“) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) has received an updated technical report on its 100% owned, Titan vanadium-iron-titanium property (the “Property“) located at Flett and Angus Townships, 120 kilometres northeast of Sudbury, Ontario. The Property consists of 262 contiguous hectares comprising 17 patented claims, with access to water, roads and electrical power. The technical report was prepared by Mine Development Associates […]

  • Prophecy Closes $1,858,325 Final Tranche of Private Placement, Schedules Special Meeting of Shareholders and Engages Advisors

    16 Oct, 2017

    Vancouver, British Columbia, October 16, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) announces that it has closed the second and final tranche of its non-brokered private placement previously announced on August 25, 2017, increased on September 1, 2017, and further increased on October 4, 2016 (the “Placement”). The second and final tranche of the Placement raised gross cash proceeds of $1,858,325 through the issuance of 116,578 units […]

  • Early Warning Report

    26 Sep, 2017

    Vancouver, British Columbia, September 26, 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: 68,000 options on September 1, 2017; and 100,000 special warrants (each, convertible upon shareholder approval, into one unit comprised of one Common share and one half of one warrant) via […]

  • Prophecy Closes $4,539,390 First Tranche of Private Placement

    20 Sep, 2017

    Vancouver, British Columbia, September 20, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) announces that it has closed the first tranche of the $5,757,360 non-brokered private placement (the “Placement”) announced on August 25, 2017 and increased on September 1, 2017. The first tranche of the Placement raised gross cash proceeds of $4,539,390 through the issuance of 667,968 units (the “Units”) and 629,000 special warrants (the “Special Warrants”) of […]

  • Prophecy Increases Size of Private Placement to $5,757,360

    01 Sep, 2017

    Vancouver, British Columbia, September 1, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) announces that it intends to increase the size of the private placement (the “Placement”) previously announced for $3,108,000 on August 25, 2017, now to a maximum of $5,757,360. The Placement will now involve the issuance of up to 888,000 units (the “Units”) and up to 900,000 special warrants (the “Special Warrants”) including any finder’s fees […]

  • Prophecy Announces $3,108,000 Private Placement

    25 Aug, 2017

    Vancouver, British Columbia, August 25, 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 888,000 units (each a “Unit”) at a price of $3.50 per Unit. Each Unit will consist of one Common share in the capital of the Company (a “Share”) and one half of one Share purchase warrant (a “Warrant”). […]

  • Prophecy to Acquire Mountain of Gold Project in Madagascar

    25 Aug, 2017

    This press release replaces the press release disseminated August 25, 2017 at 7:35PM ET. The corrected press release is below: Vancouver, British Columbia, August 25, 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 an arm’s-length party (the “Seller”) to acquire the Dabolava gold project located in the Republic of Madagascar (the “Dabolava Project”). Transaction Summary Under the […]

  • Prophecy Retracts Technical Disclosure

    25 Aug, 2017

    Vancouver, British Columbia, August 25, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK: PRPCF, Frankfurt:1P2N) As a result of a review by the British Columbia Securities Commission, Prophecy is issuing the following news release to retract certain disclosures previously made regarding its Gibellini, Pulacayo and Titan properties. Gibellini Property The Company retracts all disclosure relating to resources, mining, processing, and economic assessment contained in its June 22, 2017 Gibellini […]

  • Prophecy to Acquire Fourth Vanadium Project – Targets Production in 2017

    21 Jul, 2017

    Vancouver, British Columbia, July 21, 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 Fairmont Resources Inc. (“Fairmont”) to acquire the fully-permitted Buttercup Iron-Titanium-Vanadium (Fe-Ti-V) project in Quebec, Canada (the “Buttercup Project”). Prophecy is initiating discussions with several potential dense aggregate buyers and has targeted for production to commence by the end of 2017, should commercial terms be […]

  • Prophecy Acquires Louie Hill Project in Nevada for Third Vanadium Transaction in 2017

    13 Jul, 2017

    Vancouver, British Columbia, July 13, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) is pleased to announce that it has successfully acquired through lease, the Louie Hill vanadium project in Nevada, USA (the “Louie Hill Project”) from arm’s-length, private parties (the “Lessors”) with the intent to carry-out mining operations there. Transaction Summary Under the mineral lease agreement, Prophecy has leased the Louie Hill mining claims which constitute the […]

  • Prophecy Provides Update on Titan and Gibellini Vanadium Projects

    11 Jul, 2017

    Vancouver, British Columbia, July 11, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) is pleased to provide the following updates on its vanadium projects: Titan The Titan vanadium-titanium-iron project (“Titan”) is located in eastern Ontario, approximately 120km east-northeast of Sudbury. The property is located in close proximity to necessary infrastructure such as 8km from a railway station, 18km from a highway, 2.5km from a major transmission line, and […]

  • 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 […]