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

    21 July, 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 July, 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 July, 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 June, 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 June, 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 June, 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 April, 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 March, 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 March, 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 February, 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 January, 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 January, 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 January, 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 January, 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 […]

  • Prophecy Sells 10,000 Tonnes of Coal from Ulaan Ovoo to Erdenet Mining Corporation

    28 December, 2016

    Vancouver, British Columbia, December 28, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCF, Frankfurt:1P2N) is pleased to announce that it has signed two coal sales and purchase agreements (the “SPAs”) to sell a total of 16,000 tonnes of coal sourced from its 100%-owned Ulaan Ovoo mine (“Ulaan Ovoo”) in Mongolia. The two purchasers were Erdenet Mining Corporation (“GOK”) (for 10,000 tonnes) and Selenge Energo Heat Plant (“Selenge Energo”) (for […]

  • Prophecy Returns Silver, Zinc, Lead Assays from Latest Pulacayo Chip Sampling Programs

    23 December, 2016

    Vancouver, British Columbia, December 23, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCF, Frankfurt:1P2N) is pleased to announce, further to its press release dated November 24, 2016, the assay results of 22 samples collected from the Company’s most recent Pulacayo underground exploration program. Samples were obtained by continuous chip channel sampling across the width of the vein mineralization at locations one metre apart. ID Agg/t Zn% Pb% Area Method […]

  • Prophecy Signs Toll Milling LOI to Produce Zinc-Silver and Lead-Silver Concentrates from Pulacayo Project, Bolivia

    14 December, 2016

    Vancouver, British Columbia, December 14, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCD, Frankfurt:1P2N) is pleased to announce that it has signed a letter of intent (“LOI”) for toll milling services with the Bolivian company, Empresa Minera Señor de Maica (the “Service Provider”) whereby the Service Provider will provide dedicated toll milling services at its ore processing facility (the “Processing Plant”) located in Potosi, which is a 2.5 hour […]

  • Prophecy Signs LOI to Lease Mining Equipment from Oroscons for its Pulacayo Project, Bolivia

    02 December, 2016

    Vancouver, British Columbia, December 2, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCD, Frankfurt:1P2N) is pleased to announce that it has signed a Letter of Intent (“LOI”) to lease the following mining equipment from the Bolivian company, Oroscons S.R.L. (“Oroscons”), which will be used for open-pit mining at the Company’s Paca deposit, located 7km north of the Pulacayo deposit: Equipment ModelYear Capacity Quantity Loader Cat 966G 2007 4 m3 […]

  • Early Warning Report

    25 November, 2016

    Vancouver, British Columbia, November 25, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCD, Frankfurt:1P2N) announces that John Lee, of Suite 1301, 12 Harcourt Road, Central, Hong Kong, Executive Chairman of the Company, acquired 15,000 shares of Prophecy (the “Acquisition”) through trading in the secondary market (i.e. the Toronto Stock Exchange) on November 24, 2016. Prior to the Acquisition, Mr. Lee beneficially owned 1,112,253 shares, representing approximately 23.14% of the […]

  • Prophecy Explores another Vein System at Pulacayo Project in Bolivia and Issues Shares for Debt

    24 November, 2016

    Vancouver, British Columbia, November 24, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCD, Frankfurt:1P2N) is pleased to announce the exploration of an additional vein system (the “AVS”) at its Pulacayo silver-zinc-lead project in Bolivia. The AVS is located approximately 200 metres west of the Rothschild shaft, at a level of 50 metres above the San Leon adit level (level 0, 4128m). The principal vein measures 1.0 to 1.5 metres […]

  • Prophecy Signs LOI to Sell Pulacayo Lead-Silver and Zinc-Silver Concentrates to Transamine

    22 November, 2016

    Vancouver, British Columbia, November 22, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCD, Frankfurt:1P2N) is pleased to announce that it has signed a Letter of Intent (“LOI”) to sell Pulacayo lead-silver and zinc-silver concentrates to Transamine Trading S.A. (“Transamine”). Prophecy and Transamine (the “Parties”) intend to cooperate to negotiate a definitive sales and purchase agreement (the “SPA”) for Transamine to purchase lead-silver and zinc-silver concentrates (the “Concentrates”) from Prophecy’s […]

  • Early Warning Report

    21 November, 2016

    Vancouver, British Columbia, November 21, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCD, Frankfurt:1P2N) announces that John Lee, of Suite 1301, 12 Harcourt Road, Central, Hong Kong, Executive Chairman of the Company, acquired 13,200 shares of Prophecy (the “Acquisition”) through trading in the secondary market (i.e. the Toronto Stock Exchange) on November 18, 2016. Prior to the Acquisition, Mr. Lee beneficially owned 1,099,053 shares, representing approximately 23.09% of the […]

  • Prophecy Meets Bolivian Minister of Mining and Metallurgy and Early Warning Report

    10 November, 2016

    Vancouver, British Columbia, November 10, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCD, Frankfurt:1P2N) is pleased to report that Bolivia’s Minister of Mining and Metallurgy, César Navarro, met with Prophecy and representatives from other international mining companies operating in Bolivia on November 9, to coordinate and prepare for the Minister’s upcoming participation at the Prospectors & Developers Association of Canada (PDAC) convention to be held in Toronto, Canada from […]

  • Early Warning Report

    09 November, 2016

    Vancouver, British Columbia, November 9, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCD, Frankfurt:1P2) announces that John Lee, of Suite 1301, 12 Harcourt Road, Central, Hong Kong, Executive Chairman of the Company, acquired 5,000 shares of Prophecy (the “Acquisition”) through trading in the secondary market (i.e. the Toronto Stock Exchange) today. Prior to the Acquisition, Mr. Lee beneficially owned 1,082,853 shares, representing approximately 22.75% of the issued and outstanding […]

  • Corporate Update and Early Warning Report

    03 November, 2016

    Vancouver, British Columbia, November 2, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCD, Frankfurt:1P2) is pleased to provide the following corporate update: Chandgana Coal-Fired Mine-Mouth Power Plant Project (Mongolia): On December 18, 2015, the Company signed an Engineering, Procurement and Construction (“EPC”) Agreement, Equity Investment Agreement, and Share Purchase Agreement with the China-based, Power Construction Company to invest in, and build the Company’s 600 MW Chandgana power plant (the […]

  • Prophecy Webcast Monday, October 10 and Early Warning Report

    06 October, 2016

    Vancouver, British Columbia, October 6, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCD, Frankfurt:1P2) invites you to attend a special webcast scheduled to take place Monday, October 10 at 11:00am (PDT), 2:00pm (EDT) and 8:00pm (CEST). During this webcast, John Lee, Executive Chairman of Prophecy will go through the Company’s latest presentation and discuss the following: – Previous equity financing where a strategic shareholder participated – Drill program to […]

  • Prophecy Outlines Company Objective, Plans Definition Drilling at Pulacayo and Paca

    29 September, 2016

    Vancouver, British Columbia, September 29, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCD, Frankfurt:1P2N) is pleased to announce the Company’s priority objective at the Pulacayo silver-zinc-lead district project located in southern Bolivia and close to major silver mining projects operated by Coeur Mining Inc. (San Bartolome), Pan American Silver Corp. (San Vicente) and Sumitomo Corporation (San Cristobal). All necessary permits have been obtained in 2013 to mine up to […]

  • Joint News Release Lorraine Copper Acquires from Prophecy OK Copper Project in BC

    22 September, 2016

    September 22, 2016, Vancouver, BC – Lorraine Copper Corp. (“Lorraine Copper”) (TSX-V: LLC) and Prophecy Development Corp. (“Prophecy”) (TSX:PCY, OTC:PRPCD, Frankfurt:1P2N) are pleased to announce that they have entered into an agreement for Lorraine Copper to acquire Prophecy’s 60% interest in the OK (Okeover) copper-molybdenum project located near Powell River on the southern British Columbia coast. Under the terms of the agreement and subject to regulatory approval, Lorraine Copper will issue 2,200,000 […]

  • Prophecy Closes Oversubscribed Placement Grossing $770,393 and Early Warning Report

    29 August, 2016

    Vancouver, British Columbia, August 29, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCD, Frankfurt:1P2N) is pleased to report that the non-brokered private placement of 150,000 units for $570,000 previously announced on August 8, 2016 was oversubscribed. As a result, the Company closed today the private placement of 202,735 units (each a “Unit”) at a price of $3.80 per Unit for gross proceeds of $770,393 (the “Placement”). Each Unit consists […]

  • Prophecy: Paca Returns Chip Sample Results Up to 1500 g/t Silver, 2.49% Zinc and 6.72% Lead

    15 August, 2016

    Vancouver, British Columbia, August 12, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCD, Frankfurt:1P2N) is pleased to announce, further to its press release dated June 16, 2016, the assay results for the first group of 40 samples collected from the Paca exploration program at its Pulacayo project. During the sampling program, 233 samples were collected. However, due to a backlog at the testing laboratory, Prophecy prioritized the 40 most […]

  • Prophecy Announces $570,000 Private Placement

    08 August, 2016

    Vancouver, British Columbia, August 8, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCD, Frankfurt:1P2N) announces that it is undertaking a non-brokered private placement (the “Placement”) involving the issuance of up to 150,000 units (each a “Unit”) at a price of $3.80 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 Commences Paca Exploration and Provides Update on Pulacayo Underground Project

    16 June, 2016

    Vancouver, British Columbia, June 16, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCD, Frankfurt:1P2N) is pleased to announce that it has commenced its sampling program at the Paca deposit within its Pulacayo silver-zinc-lead project in Bolivia. The Pulacayo project is located in southern Bolivia, close to major silver mining projects operated by Coeur Mining Inc. (San Bartolome), Pan American Silver Corp. (San Vicente) and Sumitomo Corporation (San Cristobal). Pulacayo […]

  • Early Warning Report – John Lee Acquires 21.58% of Prophecy

    06 June, 2016

    Vancouver, British Columbia, June 6, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, Frankfurt:1P2) announces that John Lee, of Suite 1301, 12 Harcourt Road, Central, Hong Kong, Executive Chairman of the Company, completed the acquisition of 75,000,000 (pre-consolidation) units (each a “Unit“) at a price of $0.02 per Unit in the Company, pursuant to a private placement (the “Private Placement“) which closed on June 3, 2016 for total consideration of […]

  • Prophecy Shareholders Pass All Resolutions at 2016 AGM and Consolidates Shares

    02 June, 2016

    Vancouver, British Columbia, June 2, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, Frankfurt:1P2) is pleased to announce that all proposed resolutions were approved at the Company’s Annual General Meeting of shareholders held on June 2, 2016 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 18, 2016 (the “Information Circular”), were […]

  • Prophecy to Clear TDB Loan and Issues Shares for Debt

    18 April, 2016

    Vancouver, British Columbia, April 18, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, Frankfurt:1P2) is pleased to announce that it intends to pay off and close out the USD$1.5 million line of credit facility with the Trade and Development Bank of Mongolia at end of this month. The Company has also agreed to issue 2,651,096 Common shares to Nargil Molor, an insider of the company, at a deemed price of […]

  • Prophecy Proposes Issuance of Units for Debt and Share Consolidation

    30 March, 2016

    Vancouver, British Columbia, March 30, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, Frankfurt:1P2) announces that it has entered into a Debt Settlement Agreement with Linx Partners Ltd. (“Linx”), a company controlled by Mr. John Lee, Executive Chairman of Prophecy, and Mr. Lee pursuant to which, the Company has agreed, subject to the approval of shareholders at the Company’s upcoming 2016 Annual General Meeting to be held at 9:00 a.m. […]

  • Prophecy Announces Increase and Amendments to Credit Facility and Issues Shares for Debt

    04 March, 2016

    Vancouver, British Columbia, March 4, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces that it has entered into an agreement to increase and amend the revolving credit facility agreement dated March 12, 2015, as amended (the “Credit Facility”) with Linx Partners Ltd. (“Linx”), a company controlled by Mr. John Lee, Executive Chairman of Prophecy. The previous maximum principal amount of $1.5 million available to the Company under […]

  • Prophecy Voluntarily Delists from OTCQX

    29 January, 2016

    Vancouver, British Columbia, January 29, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces that after a detailed review of the trading volume, costs and administrative requirements related to maintaining the Company’s listing on the OTCQX International, it has voluntarily delisted its Common shares from the OTCQX International effective today. Prophecy’s Common shares continue to be listed on the Toronto Stock Exchange and the Frankfurt Exchange. About Prophecy […]

  • Prophecy Closes $200,000 Private Placement and Issues Shares for Debt

    25 January, 2016

    Vancouver, British Columbia, January 25, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces that it has closed a non-brokered private placement (the “Placement”) involving the issuance of 8,000,000 units (each a “Unit”) at a price of $0.025 per Unit. Each Unit consists of one Common share in the capital of the Company (a “Share”) and one Share purchase warrant (a “Warrant”). Each Warrant entitles the holder to […]

  • Prophecy Signs Non-Binding Joint Development Agreement with Chinese Partner to Invest in Chandgana Power Plant in Mongolia

    22 December, 2015

    (German please click here) Vancouver, British Columbia, December 22, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce today, the signing of a non-binding Joint Development Agreement (“JDA”) with a Chinese partner (the “Strategic Partner”) to invest in the Company’s 600 MW Chandgana power plant in Mongolia. Prophecy Power Generation LLC, a wholly-owned subsidiary of Prophecy, is developing the Chandgana coal-fired power plant project (the […]

  • Prophecy unterzeichnet nicht verbindliche Vereinbarung mit chinesischem Partner zur Investition in das Kraftwerk Chandgana in der Mongolei

    22 December, 2015

    Vancouver, British Columbia – Prophecy Development Corp. („Prophecy“ oder das „Unternehmen“) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) freut sich, heute den Abschluss einer nicht verbindlichen Vereinbarung (Joint Development Agreement: „JDA“) mit einem chinesischen Partner (der „strategische Partner“) über die Investition in das unternehmenseigene 600-MW-Kraftwerk Chandgana in der Mongolei bekanntzugeben. Prophecy Power Generation LLC, eine 100-Prozent-Tochter von Prophecy, entwickelt das Kohlekraftwerkprojekt Chandgana (das „Kraftwerk Chandgana“), das den Bau eines 600-MW-Grubenkohlekraftwerks (4 x 150 MW) in zwei […]

  • Prophecy Raised $250,000 in Private Placement Announced on November 12, 2015

    18 December, 2015

    Vancouver, British Columbia, December 18, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces the closing of the proposed non-brokered private placement previously announced on November 12, 2015. The Company successfully raised gross cash proceeds of $250,000 through the issuance of 6,250,000 units of Prophecy as announced in its November 13, 2015 news release. About Prophecy Prophecy Development Corp. is a Canadian public company listed on the Toronto […]

  • Prophecy Signs EPC and Equity Investment Agreements with China’s SEPCO2 for Chandgana Power Plant in Mongolia

    18 December, 2015

    (German please click here) Vancouver, British Columbia, December 18, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce today, the signing of an Engineering, Procurement and Construction (“EPC”) Agreement, Equity Investment Agreement, and Share Purchase Agreement (collectively, the “Agreements”) with China-based Shandong Electrical Power Construction No.2 Company (“SEPCO2”) to invest in, and build the Company’s 600 MW Chandgana power plant (the “Chandgana Power Plant”) in […]

  • Prophecy unterzeichnet EPC- und Beteiligungsverträge mit SEPCO2 aus China für das Kraftwerk Chandgana in der Mongolei

    18 December, 2015

    Vancouver, British Columbia – Prophecy Development Corp. („Prophecy“ oder das „Unternehmen“) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) freut sich, heute den Abschluss eines EPC-Vertrags (Engineering, Procurement and Construction, in etwa Detail-Planung und Kontrolle, Beschaffungswesen, Ausführung der Bau- und Montagearbeiten), eines Beteiligungsvertrags und eines Aktienkaufvertrags (zusammen die „Verträge“) mit der Shandong Electrical Power Construction No. 2 Company („SEPCO2“) aus China über die Investition in bzw. in den Bau des 600-MW-Kraftwerks Chandgana (das „Kraftwerk Chandgana“) in der […]

  • Prophecy’s Pulacayo Project Receives Toll Milling Offers

    24 November, 2015

    Vancouver, British Columbia, November 24, 2015 Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to provide the following update on progress at its Pulacayo project: The Pulacayo silver-zinc-lead project is located in southern Bolivia, close to major silver mining projects operated by Coeur Mining, Inc. (San Bartolome), Pan American Silver Corp. (San Vicente), and Sumitomo Corporation (San Cristobal). Pulacayo is fully permitted for mining and processing up to […]

  • Prophecy Closes $250,000 First Tranche of Private Placement

    13 November, 2015

    Vancouver, British Columbia, November 13, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces that it has closed the first tranche of the $1,000,000 non-brokered private placement announced on November 12, 2015 (the “Placement”). The first tranche of the Placement raised gross cash proceeds of $250,000 through the issuance of 6,250,000 units of Prophecy. Each unit is comprised of one Common share and one Common share purchase warrant […]

  • Prophecy Announces $1,000,000 Private Placement

    12 November, 2015

    Vancouver, British Columbia, November 12, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces that it is undertaking a non-brokered private placement (the “Placement”) involving the issuance of up to 25,000,000 units (each a “Unit”) at a price of $0.04 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 […]

  • Prophecy Development Corp. files Technical Report for Mineral Resource Estimate for the Pulacayo Project’s Paca Silver-Zinc-Lead Deposit

    05 November, 2015

    Vancouver, British Columbia, November 5, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce that it has filed a technical report prepared in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects (“NI 43-101”) related to an independent mineral resource estimate for the Company’s Paca silver-zinc-lead deposit, that was prepared in accordance with the CIM Definition Standards on Mineral Resources and Mineral Reserves […]

  • Prophecy Closes Private Placement Announced on September 1, 2015 with Gross Proceeds of $556,000

    04 November, 2015

    Vancouver, British Columbia, November 4, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces the cancellation of the remainder of the proposed $2,000,000 private placement previously announced in its September 1, 2015 news release. The Company successfully raised gross cash proceeds of $556,000 through the issuance of 11,120,000 units of Prophecy as announced in its September 30, 2015 news release. About Prophecy Prophecy Development Corp. is a Canadian […]

  • Prophecy Closes $556,000 First Cash Tranche of Private Placement

    30 September, 2015

    Vancouver, British Columbia, September 30, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces that it has closed the first cash tranche of the non-brokered private placement announced on September 1, 2015 (the “Placement”). The first tranche of the Placement raised gross cash proceeds of $556,000 through the issuance of 11,120,000 Units of Prophecy. Each Unit is comprised of one Common share and one Common share purchase warrant […]

  • (Graphs included) Prophecy Reports 1.26 Million Tonnes of Inferred Resource Grading 444 g/t Ag Eq. (363 g/t Silver, 0.98%...

    21 September, 2015

    Vancouver, British Columbia, September 21, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce receipt of an independent mineral resource estimate for the Paca deposit, part of the Company’s Pulacayo silver-zinc-lead project, prepared in accordance with the CIM Definition Standards on Mineral Resources and Mineral Reserves referenced in National Instrument 43-101, Standards of Disclosure for Mineral Projects (“NI 43-101”). The effective date of the mineral […]

  • Prophecy: Pacamayo Underground Samples Assayed Between Ag 2,548 g/t and 7,380 g/t

    18 September, 2015

    Vancouver, British Columbia, September 18, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce further to its press release dated August 27, 2015, the assay results of the three Pacamayo samples where the silver grade was reported as >1500 g/t. These samples have undergone reanalysis using the fire assay and gravimetric finish method which has a greater upper detection limit and have returned the following […]

  • Prophecy Reports up to 64.39% Silver Recovery from Pulacayo Tailings Piles

    10 September, 2015

    Vancouver, British Columbia, September 10, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) has received results from preliminary metallurgical test work conducted on samples collected from various tailings piles at its Pulacayo project that resulted from historic mining and processing. Quality and recovery of the final lead and zinc concentrates from differential flotation tests TailingsPile atPulacayo Head grades Lead finalconcentrate Zinc finalconcentrate Lead finalconcentraterecovery Zinc finalconcentraterecovery Lead finalconcentrateweight […]

  • Prophecy: Pero Surface Samples Assayed up to Ag 181 g/t, Pb 4.32 % and Sb 0.65 %

    09 September, 2015

    Vancouver, British Columbia, September 9, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce further to its press release dated August 27, 2015, the assay results of the second batch of surface samples collected from the Pero target during its district exploration program at its Pulacayo project. The assayed samples are not representative of the sample population. Sample Target Sampling Method Interval Ag(g/t) Zn(%) Pb(%) […]

  • Prophecy Announces $2,000,000 Private Placement

    01 September, 2015

    Vancouver, British Columbia, September 1, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces that it is undertaking a non-brokered private placement (the “Placement”) involving the issuance of up to 40,000,000 units (each a “Unit”) at a price of $0.05 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 […]

  • Prophecy: Pacamayo, Paca North and El Abra Return Anomalous Silver, Zinc, Lead and Antimony Assay Results

    27 August, 2015

    Vancouver, British Columbia, August 27, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce further to its press release dated August 20, 2015, the assay results of the first group of 30 samples collected from the district exploration program at its Pulacayo project. The assayed samples are not representative of the sample population. Sample Target Sampling Method Interval Ag(g/t) Cu(%) Pb(%) Sb(%) Zn(%) Au(g/t) Ag […]

  • Prophecy Completes First Phase of District Exploration at Pulacayo

    20 August, 2015

    Vancouver, British Columbia, August 20, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce further to its press release dated July 7, 2015, that it has completed the first phase of its systematic, district exploration program at its Pulacayo project. Detailed geological mapping and close-spaced sampling from surface trenches and underground tunnels were conducted at four priority target areas: El Abra, Pero, Paca North and […]

  • Prophecy Provides Updates on its Chandgana Power Plant and Ulaan Ovoo Mining Project in Mongolia

    19 August, 2015

    Vancouver, British Columbia August 19, 2015 – Prophecy Development Corp. (“Prophecy”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce further to its press release dated March 16, 2015, the following updates on its projects in Mongolia: Chandgana Mine Mouth Power Plant Project Background: Prophecy Power Generation LLC (“PPG”), a wholly-owned subsidiary of Prophecy, is developing the Chandgana coal-fired power plant project (“Chandgana Power Plant”) which includes the construction of a 600 MW (4X150 […]

  • Prophecy Development Corp. files Technical Report for Mineral Resource Estimate at Pulacayo Silver-Zinc-Lead Project

    01 August, 2015

    Vancouver, British Columbia, July 31, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce that it has filed a technical report prepared in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects (“NI 43-101”) related to an independent mineral resource estimate for the Company’s Pulacayo silver-zinc-lead project, that was prepared in accordance with the CIM Definition Standards on Mineral Resources and Mineral Reserves […]

  • Prophecy Starts District Exploration at Pulacayo

    07 July, 2015

    Vancouver, British Columbia, July 7, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce that it has commenced the first phase of a systematic, district exploration program at its Pulacayo project. Various Pulacayo regional exploration programs were carried out in the past, including an IP survey in 2009 which detected several near-surface strong to medium chargeability anomalies. After carefully assessing all available mining, sampling and […]

  • Prophecy Shareholders Pass All Resolutions at 2015 AGM

    24 June, 2015

    Vancouver, British Columbia, June 24, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX: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 24, 2015 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 May 11, 2015 (the “Information Circular”), […]

  • Prophecy Appoints Vice-President, Operations, Grants Stock Options and Issues Settlement Shares

    22 June, 2015

    VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/22/15 — Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce the appointment of Bekzod Kasimov as Vice-President, Operations of the Company effective immediately. Mr. Kasimov has been with the Company since September 2012, working as its Business Development Manager. Now based in La Paz, Bolivia, Mr. Kasimov, as Vice-President, Operations, will assemble and manage a team to accelerate the […]

  • Prophecy Reports 1.27 Million Tonnes of Indicated Resource Grading 530 g/t Silver, 3.63% Zinc, 2.51% Lead (688 g/t Ag...

    18 June, 2015

    (German please click here) Vancouver, British Columbia, June 18, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce receipt of an independent mineral resource estimate for the Company’s Pulacayo silver-zinc-lead project, prepared in accordance with the CIM Definition Standards for Mineral Resources and Mineral Reserves referenced in National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). The effective date of the estimate […]

  • Prophecy meldet angezeigte Ressource im Umfang von 1,27 Mio.Tonnen mit 530 g/t Silber, 3,63 % Zink und 2,51 %...

    18 June, 2015

    Vancouver, British Columbia, 18. Juni 2015 – Prophecy Development Corp.(„Prophecy“ oder das „Unternehmen“) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) freut sich, den Erhalt einer unabhängigen Mineralressourcenschätzung für das unternehmenseigene Silber-Zink-Blei-Projekt Pulacayo bekanntzugeben. Die Mineralressourcenschätzung wurde in Übereinstimmung mit den Begriffsbestimmungen des CIM für Mineralressourcen und Mineralreserven, die in der kanadischen Rechtsvorschrift National Instrument 43-101 – Standards of Disclosure for Mineral Projects („NI 43-101“) enthalten sind, angefertigt. Die Schätzung gilt zum 16. Juni2015. Die Lagerstätte Pulacayo […]

  • Prophecy Received Approximately $2.34 million from Equipment Sales

    23 May, 2015

    Vancouver, British Columbia, May 22, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces further to its news release dated May 14, 2015 that Prophecy, through its wholly-owned subsidiary Red Hill Mongolia LLC, has closed the sale of substantially all of its mining and transportation equipment from the Company’s Ulaan Ovoo mine and received a total of MNT 3,707,542,000 (equivalent to approximately $2,340,000) (the “Proceeds”) based on today’s […]

  • Prophecy to Receive Approximately $2.4 million from Equipment Sales

    14 May, 2015

    Vancouver, British Columbia, May 14, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces that through its wholly-owned subsidiary, Red Hill Mongolia LLC, it has entered into a purchase agreement with an arm’s-length party in Mongolia to sell substantially all of its mining and transportation equipment at the Company’s Ulaan Ovoo mine for total proceeds of approximately $2.4 million subject to various currency exchange rates (the “Proceeds”). The […]

  • Prophecy Engages Investor Relations Firm and Grants Options

    08 April, 2015

    Vancouver, British Columbia, April 8, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce that it has engaged Cor Capital Inc. (“Cor Capital”) to provide investor relations and shareholder communications services for the Company effective April 1, 2015. In addition to responding to all investor and shareholder inquiries, Cor Capital will focus on introducing Prophecy to institutional investors, large asset money managers, investment advisors and […]

  • Prophecy Engages Mercator Geological Services Limited to Prepare Technical Reports for Pulacayo, Paca and Tailings Piles

    02 April, 2015

    Vancouver, British Columbia, April 2, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce that it has completed a review of prior technical studies on the Pulacayo and Paca deposits. In light of investors’ focus on mine profitability in lieu of production quantity, the Company announces that it has engaged Mercator Geological Services Limited (“Mercator”) to: 1) complete an updated mineral resource estimate in accordance […]

  • Prophecy Announces $1.5 million Credit Facility and Expiry of Private Placement

    27 March, 2015

    Vancouver, British Columbia, March 27, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces that it has entered into a revolving credit facility agreement (the “Credit Facility”) with Linx Partners Ltd., a company controlled by a director of Prophecy. A maximum principal amount of CAD$1.5 million is available to the Company under the Credit Facility, which will be in place for one year, with an option to extend […]

  • Prophecy Reports Progress on Chandgana Mine Mouth Power Plant Project in Mongolia

    16 March, 2015

    (German please click here) Vancouver, British Columbia March 16, 2015 – Prophecy Development Corp. (“Prophecy”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce the following update on its flagship Chandgana Mine Mouth Power Plant Project in central Mongolia. Project Background: Prophecy Power Generation LLC (“PPG”), a wholly-owned subsidiary of Prophecy, is developing the Chandgana coal-fired power plant project (“Chandgana Power Plant”) which includes the construction of a 600 MW (4X150 MW) coal-fired mine-mouth […]

  • Prophecy berichtet über Fortschritte beim Grubenkraftwerkprojekt Chandgana in der Mongolei

    16 March, 2015

    VANCOUVER, BRITISH COLUMBIA–(16. März 2015) – Prophecy Development Corp.(„Prophecy“) (TSX:PCY)(OTCQX:PRPCF)(FRANKFURT:1P2) freut sich, einen Überblick über die aktuellen Entwicklungen seines Vorzeigeprojekts, des Grubenkraftwerkprojekts Chandgana, in der Zentralmongolei bereitzustellen. Projekthintergrund: Prophecy Power Generation LLC („PPG“), eine 100 %-Tochter von Prophecy, entwickelt das Kohlekraftwerkprojekt Chandgana (das „Kohlekraftwerk Chandgana“). Dieses Projekt umfasst den Bau eines 600 MW-Grubenkohlekraftwerks (4 x 150 MW) in zwei Phasen. Das geplante Kraftwerk soll neben der Kohlenlagerstätte Chandgana Tal, für das Chandgana […]

  • Prophecy Development Reports Progress on Private Placement

    26 February, 2015

    Vancouver, British Columbia, February 25, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces that it continues to make progress towards the completion of the $3,596,000 non-brokered private placement previously announced on December 8, 2014 (the “Placement”). On February 14, 2015, the Toronto Stock Exchange (“TSX”) approved the Placement subscriber as an insider of the Company. The Company will issue a further announcement when the Placement closes. Closing […]

  • Prophecy’s Pulacayo Tailings Piles Samples Assayed up to 1,200g/t Ag, 7g/t Au, 154.5g/t In (Indium)

    02 February, 2015

    (German please click here) Vancouver, British Columbia, February 2, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce the assay results received January 22, 2015 from ALS Minerals Ltda., for samples obtained during the reconnaissance sampling program of tailings piles materials. Please refer to the Company’s news release dated December 5, 2014. The tailings piles are the remaining materials from processing ore, extracted from the […]

  • Prophecys Probenahmen beim Abraum am Projekt Pulacayo ergaben bis zu 1.200 g/t Ag, 7 g/t Au und 154,5 g/t...

    02 February, 2015

    VANCOUVER, BRITISH COLUMBIA–(2. Februar 2015) – Prophecy Development Corp. („Prophecy“ oder das „Unternehmen“) (TSX:PCY)(OTCQX:PRPCF) (FRANKFURT:1P2) ist erfreut, die zum 22. Januar 2015 von ALS Minerals Ltda. vorgelegten Untersuchungsergebnisse der Proben, die im Zuge des Bewertungsprogramms der historischen Halden beim Projekt Pulacayo entnommen wurden, bekanntzugeben. Siehe Pressemitteilung des Unternehmens vom 5. Dezember 2014. Bei den Halden handelt es sich um die Rückstände aus der Aufbereitung des Erzes, das zwischen 1850 und 1950 im […]

  • Prophecy Announces Approval of Zeltura Road Feasibility Study

    20 January, 2015

    Vancouver, British Columbia, January 20, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce the approval, via Resolution No. 16, of the Ministry of Roads and Transportation of Mongolia for the Road Feasibility study previously submitted by the Company for the construction of a 17km road to connect Prophecy’s Ulaan Ovoo mine to the Zeltura Russian border. In September 2014, the Border Ports National Council […]

  • Prophecy Coal Corp. Announces Change of Name to Prophecy Development Corp.

    05 January, 2015

    Vancouver, British Columbia, January 5, 2015 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces today that it has changed its name to “Prophecy Development Corp.” The Company’s shareholders approved the name change at the Company’s special meeting held on December 19, 2014. All materials necessary to effect the name change have been filed with the Toronto Stock Exchange (“TSX”) and, subject to final TSX approval, it is anticipated […]

  • Prophecy Completes Acquisition of Pulacayo-Paca Project

    02 January, 2015

    Vancouver, British Columbia, January 2, 2015 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce that it has successfully acquired Apogee Minerals Bolivia S.A., ASC Holdings Limited and ASC Bolivia LDC (which hold ASC Bolivia LDC Sucursal Bolivia, the holder of Apogee Silver Ltd.’s (“Apogee”) (TSX.V:APE) mining joint venture interest in the Pulacayo-Paca project) (collectively, the “Apogee Subsidiaries”) from Apogee on the terms described in the […]

  • Prophecy Coal Announces Results of Special Meeting

    22 December, 2014

    Vancouver, British Columbia, December 22, 2014 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce that the shareholders of the Company approved the proposed Name Change resolution at the Company’s Special Meeting of shareholders held on December 19, 2014 in Vancouver, British Columbia. Voting results for resolution noted above have been reported in the Report on Voting Results as filed on SEDAR on December 19, 2014. […]

  • Prophecy Coal Announces $3,596,000 Private Placement with Strategic Asian Partner

    08 December, 2014

    Vancouver, British Columbia, December 8, 2014 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces that it is undertaking a non-brokered private placement to raise gross proceeds of CAD$3,596,000 (the “Placement”). The Placement involves the issuance of 62 million common shares of the Company (the “Shares”) at a price of $0.058 per Share to TBF Capital Management Group (HK) Limited (“TBF”), a corporation that is arms’ length to the […]

  • Prophecy Provides Background on Pulacayo Property and Commences Evaluation of Historic Tailings

    05 December, 2014

    (German please click here) Vancouver, British Columbia, December 5, 2014 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce that it is commencing an extensive evaluation of mineral potential in the tailings from the Pulacayo-Paca project located in Bolivia. As announced on November 4, 2014, Prophecy entered into a definitive agreement with Apogee Silver Ltd. (“Apogee”) to acquire the property through the acquisition of the wholly-owned […]

  • Prophecy stellt Hintergrundinformationen für das Konzessionsgebiet Pulacayo bereit und nimmt die Bewertung der historischen Halden auf

    05 December, 2014

    Vancouver, British Columbia, 5. Dezember 2014 – Prophecy Coal Corp. („Prophecy“ oder das „Unternehmen“) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) ist erfreut, bekanntzugeben, dass es die umfassende Bewertung des Mineralpotenzials der Halden des Projekts Pulacayo-Paca in Bolivien aufgenommen hat. Wie am 4. November 2014 bekanntgegeben wurde, unterzeichnete Prophecy mit Apogee Silver Ltd. („Apogee“) eine endgültige Vereinbarung über den Erwerb des Konzessionsgebiets durch die Akquisition von 100 %-Tochtergesellschaften von Apogee, die wiederum im Besitz des Konzessionsgebiets […]

  • Prophecy Special Meeting of Shareholders on December 19, 2014 to Approve Name Change

    17 November, 2014

    Vancouver, British Columbia, November 17, 2014 – Prophecy Coal Corp.(“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) will hold a special meeting of shareholders on December 19, 2014 at 8:30 AM (PST) (the “Special Meeting”) at the Board Room – 2nd Floor, 342 Water Street, Vancouver, BC, V6B 1B6. At the Special Meeting, shareholders will be asked to approve an amendment to the Company’s Articles to change the name of the Company to […]

  • Clarification Regarding Article Published October 24, 2014

    06 November, 2014

    Vancouver, British Columbia, November 6, 2014: Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2) wishes to clarify that an article published under the title “Prophecy Coal Poised to Replicate Silvercorp’s Growth Through Acquisition” on October 24, 2014, was not issued by the Company, but rather, a third party – Market One Media Group (“MMG”). Greg Hall is an independent director of both Prophecy and MMG. Mr. Hall […]

  • Prophecy and Apogee Sign Definitive Agreement

    04 November, 2014

    Vancouver, British Columbia, November 4, 2014 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce that it has signed a definitive agreement (the “Definitive Agreement”) with Apogee Silver Ltd. (“Apogee”) (TSX.V:APE) (with Prophecy, the “Companies”) in connection with the proposed transaction announced in the Companies’ respective news releases dated October 15, 2014 (the “Prior News Releases”). Under the terms of the proposed transaction, Prophecy will acquire […]

  • Prophecy to acquire advanced Silver Lead Zinc mining project

    15 October, 2014

    (German please click here) Vancouver, British Columbia, October 15, 2014 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) has entered into a binding letter agreement (the “Letter Agreement”) with Apogee Silver Ltd. (“Apogee”) (TSX.V: APE) to acquire the Pulacayo-Paca silver-lead-zinc mining project in Bolivia (the “Pulacayo Project”). Transaction Summary Under the Letter Agreement, Prophecy will acquire Apogee’s subsidiaries: Apogee Minerals Bolivia S.A. and ASC Bolivia LDC (which in turn, […]

  • Prophezeiung zu fortgeschrittenen Silber-Zink-Blei Bergbau-Projekt zu erwerben

    15 October, 2014

    VANCOUVER, BRITISH COLUMBIA–(15. Oktober 2014) – Prophecy Coal Corp. („Prophecy“ oder das „Unternehmen“) (PCY.TO)(PRPCF)(1P2.F) hat eine verbindliche schriftliche Vereinbarung (die „Vereinbarung“) mit Apogee Silver Ltd. („Apogee“) (TSX VENTURE: APE) hinsichtlich des Erwerbs des Silber-Blei-Zink-Bergbauprojekts Pulacayo-Paca in Bolivien (das „Projekt Pulacayo“) geschlossen. Übersicht über die Transaktion Gemäß der Vereinbarung wird Prophecy wird die Tochtergesellschaften von Apogee – Apogee Minerals Bolivia S.A. und ASC Bolivia LDC, deren Tochter wiederum ASC Bolivia LDC Sucursal Bolivia […]

  • Prophecy Coal Announces Zelter Border Approval

    19 September, 2014

    (German please click here). Vancouver, British Columbia, September 19, 2014 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce the approval of the Company’s General Development Plan (the “GDP”) for the Zeltura border port in Selenge province, Mongolia. Based on Article 17.4.5 of the Mongolian Border Control and Ports of Entry and Customs Law, Provision No. 4.8 of the Border Ports National Council of Mongolia (the […]

  • Prophecy Coal gibt bekannt, dass der Entwicklungsplan für den mongolisch-russischen Grenzhafen Zeltura genehmigt wurde

    19 September, 2014

    VANCOUVER, BRITISH COLUMBIA–(Marketwire – 19. September 2014) – Prophecy Coal Corp. („Prophecy“ oder das „Unternehmen“) (TSX:PCY) (OTCQX:PRPCF) (FRANKFURT:1P2) freut sich bekannt zu geben, dass der vom Unternehmen eingereichte Entwicklungsplan (General Development Plan/„GDP“) für den Grenzhafen Zeltura in der mongolischen Provinz Selenge genehmigt wurde. Auf Basis der einschlägigen Gesetze und Bestimmungen (Artikel 17.4.5 des Mongolian Border Control and Ports of Entry and Customs Law, Bestimmung Nr. 4.8 der Charter des Border Ports National […]

  • Prophecy Coal Consolidates Chandgana Nyalga Coal Basin

    18 August, 2014

    (German please click here). Vancouver, British Columbia, August 18, 2014 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce that it has entered into binding agreements with Cosmo Coal LLC (“Cosmo”) to: 1. Consolidate the assets of Prophecy’s wholly-owned subsidiary, Chandgana Coal LLC (“Chandgana Coal”) with the assets of Tugalgatai Mining LLC (“Tugalgatai”), which is a wholly-owned subsidiary of Cosmo, into: Chandgana Tugalgatai Coal LLC, a […]

  • Prophecy Coal legt Konzessionen im Kohlebecken Chandgana Nyalga zusammen

    18 August, 2014

    VANCOUVER, BRITISH COLUMBIA–(18. August 2014) – Prophecy Coal Corp. („Prophecy“ oder das „Unternehmen“) (PCY.TO)(PRPCF)(1P2.F) freut sich bekannt zu geben, dass mit Cosmo Coal LLC („Cosmo“) folgende verbindliche Vereinbarungen getroffen wurden 1. Zusammenlegung der Konzessionen von Prophecys 100 %-Tochter Chandgana Coal LLC („Chandgana Coal“) mit den Konzessionen von Tugalgatai Mining LLC („Tugalgatai“), einer 100 %-Tochter von Cosmo, zur neu gegründeten mongolischen Gesellschaft Chandgana Tugalgatai Coal LLC, an der Prophecy zu 51 % und […]

  • Prophecy Coal Announces Amendment of Warrants and Options

    07 July, 2014

    Vancouver, British Columbia, July 7, 2014 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces that it has applied to the TSX for approval to amend the terms of 1,064,215 share purchase warrants (the “Old Warrants”) of the Company held by various investors that are at arm’s-length from the Company’s management and directors. The Old Warrants were originally issued to the investors pursuant to a private placement of 3,831,511 […]

  • Prophecy Coal Announces Resignation of Director

    06 July, 2014

    Vancouver, British Columbia, July 4, 2014 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces the resignation of Mr. Chuluunbaatar Baz as a director of the Company so he may devote his time to other business matters. The Company wishes to thank Mr. Baz for the valuable and lasting contributions he has made to the Company over the years, and appreciates his dedication and service while he was with […]

  • Prophecy Coal Announces Results of AGM

    19 June, 2014

    Vancouver, British Columbia, June 19, 2014 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX: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 19, 2014 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 May 1, 2014 (the “Information Circular”), […]

  • Prophecy Coal Announces Grant of Incentive Stock Options

    04 May, 2014

    Vancouver, British Columbia, May 2, 2014 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces that on May 1, 2014, it granted in aggregate, 7,135,000 incentive stock options (“Options”) to various directors, officers, employees and consultants of the Company. As part of its continuous review, the Company cancelled over the past three months a total of 14,980,000 stock options with various exercise prices and further allowed 1,056,800 stock options […]

  • Prophecy Coal Announces New Member of Board of Directors and Executive Director of Subsidiary

    24 April, 2014

    Vancouver, British Columbia, April 24, 2014 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce that on April 23, 2014 Masa Igata was appointed as a member of Board of Directors of the Company. Mr. Igata has more than 25 years’ experience working in Asian financial markets and is the founder and CEO of Frontier Securities, the first foreign investment bank in Mongolia. Previously, he was […]

  • Prophecy Coal Corp. Announces Annual Results and Outlook for 2014

    08 April, 2014

    Germany click here Vancouver, British Columbia, April 8, 2014: Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2) is pleased to announce its annual results for fiscal 2013 as disclosed in its annual Financial Statements and Management’s Discussion and Analysis with the following highlights and outlook for 2014: Ulan Ovoo During the year, the Company sold approximately 125,000 tonnes of coal with total sales revenue of approximately of […]

  • Prophecy Receives Updated Chandgana Preliminary Economic Assessment

    03 April, 2014

    Vancouver, British Columbia, April 3, 2014: Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2) announces that, further to its December 19, 2013 news release clarifying the Company’s technical disclosure, the Company has today filed on SEDAR a revised National Instrument 43-101 compliant technical report on its Chandgana Tal coal mining licenses in central Mongolia dated effective November 30, 2012, titled "Technical Report, Coal Resources and Preliminary Economic […]