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    • Prophecy Development Corp. Announces C$5.5 Million Bought Deal Financing

      01 November, 2018

      Download as PDF NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Vancouver, British Columbia (November 1, 2018) – Prophecy Development Corp. (“Prophecy” or the “Company”) announced today that it has entered into an agreement with BMO Capital Markets (“BMO”), under which BMO has agreed to buy on a bought deal basis 12,000,000 common shares of the Company (the “Common Shares”), at a price of $0.46 per […]

    • Prophecy Appoints Ron Espell as VP, Environmental and Sustainability to Lead Gibellini Vanadium Project’s Permitting

      29 October, 2018

      Download as PDF Vancouver, British Columbia, October 29, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce the appointment of Ron Espell as the Company’s Vice-President, Environmental and Sustainability, effective November 14, 2018, to lead the environmental permitting efforts for the Gibellini vanadium project (“Gibellini”). Mr. Espell will report to Gerald Panneton, the Company’s President and CEO. Mr. Espell is a highly-regarded specialist in US […]

    • Prophecy Received US$100,000 of Advance Royalty Payment from Ulaan Ovoo Mine Lease, Lessee Eyeing Mine Start

      16 October, 2018

      Download as PDF Vancouver, British Columbia, October 16, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce that the Company has executed a lease agreement (the “Lease”) with an arms-length private Mongolian company (the “Lessee”) whereby the Lessee plans to perform mining operations at Prophecy’s Ulaan Ovoo coal mine, and will pay Prophecy US$2 (the “Production Royalty”) for every tonne of coal shipped from the […]

    • Gerald Panneton Appointed as Prophecy’s President and CEO

      10 October, 2018

      Download as PDF Vancouver, British Columbia, October 10, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce the appointment of Gerald Panneton as the Company’s President and new Chief Executive Officer, effective October 10, 2018, replacing John Lee, who will remain as Chairman of the Board of Directors of the Company. Mr. Panneton is a geologist with over 30 years experience in mineral exploration and […]

    • Prophecy’s Form 20-F Filing Declared Effective by SEC

      04 October, 2018

      Download as PDF Vancouver, British Columbia, October 4, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt:1P2N) announces that its Form 20-F registration statement, voluntary filed with the United States Securities and Exchange Commission (the “SEC”), has been declared effective. Registering with the SEC is a prerequisite for listing equity securities on a national stock exchange in the United States. Prophecy is subject to the reporting requirements […]

    • Prophecy Signs Gibellini Memorandum of Agreement with the Bureau of Land Management

      02 October, 2018

      Download as PDF Vancouver, British Columbia, October 2, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce that it has signed a Memorandum of Agreement (the “MOA”) for voluntary cost recovery with the Bureau of Land Management, Mount Lewis Field Office (the “BLM”) to expedite Gibellini permitting efforts. Prophecy and the BLM have agreed in principal to a fixed cost structure that will have Prophecy […]

    • Prophecy Contracts NewFields to Advance Permitting/EIS for Gibellini Vanadium Project, Sets Project Timetable

      24 August, 2018

      Download as PDF Vancouver, British Columbia, August 24, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce that it has engaged NewFields Companies, LLC (“NewFields”), an environmental, engineering, and construction management consulting firm to advance permitting and environmental impact statement (the “EIS”) preparation for the Gibellini vanadium project (the “Project”). Prophecy’s and NewFields’ teams will work closely with the Bureau of Land Management (the “BLM”), […]

    • Prophecy Secures Long Term Water Supply for Construction and Operation of Gibellini Vanadium Project

      20 August, 2018

      Download as PDF Vancouver, British Columbia, August 20, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce that it has secured water supply for the Gibellini vanadium project’s (the “Project”) construction and operation. The Company has signed a 10-year Water Lease Agreement (the “Agreement”) with the owner of a private ranch, located approximately 14.5 km from the Project. The Agreement can be extended for any […]

    • Prophecy Issues Request for Proposal for Gibellini Vanadium Project EPCM and Sets Project Timetable

      15 August, 2018

      Download as PDF Vancouver, British Columbia, August 15, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) issued a request for proposal (the “RFP”) from qualified bidders for engineering, procurement, construction and management services (the “EPCM”) for operations at its Gibellini vanadium project (the “Project”). The Project is designed to be an open pit, heap leach operation in Nevada’s Battle Mountain region, and is located about 27 miles south […]

    • Prophecy Announces Appointment of New Director and Closing of Private Placement

      14 August, 2018

      Download as PDF Vancouver, British Columbia, August 14, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce that effective today, Daniel Fidock has been appointed as a member of the Board of Directors of the Company. Mr. Fidock is based in Asia. For the majority of his career, Mr. Fidock has been an international corporate executive in the information and technology arena for the last […]

    • Prophecy Technology Partner NWME Produces 98.6% Pure V2O5 (Vanadium Pentoxide) from Gibellini Samples, Aims for 99.5% V2O5 Next Run

      14 August, 2018

      Download as PDF Vancouver, British Columbia, August 14, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce the results from the metallurgical tests conducted by Northwest Nonferrous Metals Mining Group Co., Ltd. (“NWME”) on samples collected from the Company’s Gibellini Vanadium Project (the “Project”). Samples were collected by NWME’s technical team during their visit to the Project’s site in February 2018, with tests performed at […]

    • Prophecy Announces 10-for-1 Stock Split

      20 July, 2018

      Download as PDF Vancouver, British Columbia, July 19, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) announces following conditional acceptance by the Toronto Stock Exchange (“TSX”), and approval by the Company’s shareholders at its Annual General Meeting held on June 20, 2018, that the Company intends to split the issued and outstanding common shares (the “Shares” and each, a “Share”) in the capital of the Company, on the […]

    • Prophecy Presentation Now Available for On-Demand Viewing

      16 July, 2018

      Download as PDF The Company invites individual and institutional investors as well as advisors to log-on to VirtualInvestorConferences.com to view presentation Vancouver, British Columbia, July 16, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) based in Canada, focused on vanadium mining, today announced that the July 12 presentation from John Lee, Executive Chairman, is now available for on-demand viewing at VirtualInvestorConferences.com. Vanadium is used in batteries, aerospace, and […]

    • Prophecy Webcast, Live, at VirtualInvestorConferences.com July 12

      09 July, 2018

      Download as PDF The Company invites individual and institutional investors as well as advisors to attend interactive real-time virtual VirtualInvestorConferences.com Vancouver, British Columbia, July 9, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N), based in Canada, focused on vanadium mining, today announced that John Lee, Executive Chairman, will present live at VirtualInvestorConferences.com on July 12, 2018. Vanadium is used in batteries, aerospace, and steel rebars, and vanadium pentoxide […]

    • Prophecy Proposes to Spin Off Vanadium Royalty Co to Finance Construction of Gibellini Vanadium Project

      09 July, 2018

      Download as PDF Vancouver, British Columbia, July 9, 2018 – Prophecy Development Corp. (“Prophecy” or “the Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) announces that it is engaged in discussions with advisors regarding spinning off a vanadium royalty and streaming company (“VRC”). It would be a means to provide investors with direct participation in vanadium mining royalties, streaming, and physical vanadium. Under the proposed structure, Prophecy would incorporate VRC as a wholly owned subsidiary—subject to […]

    • Prophecy Closes $1,081,690 First Tranche of Private Placement

      06 July, 2018

      Download as PDF Vancouver, British Columbia, July 6, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) announces that it has closed the first tranche of the non-brokered private placement (the “Placement”) announced on May 30, 2018 and amended on June 26, 2018. The first tranche of the Placement raised gross cash proceeds of $1,081,690 through the issuance of 386,318 units (the “Units”) of Prophecy. Each Unit is comprised […]

    • Prophecy Amends Private Placement and Expects to Close First Tranche in Early July

      26 June, 2018

      Download as PDF Vancouver, British Columbia, June 26, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) announces further to its news release dated May 30, 2018, that it has amended the terms of the private placement (the “Placement”) as follows: The amended Placement will now involve the issuance of up to 700,000 units (each a “Unit”) at a price of $2.80 per Unit. Each Unit consists of one […]

    • Prophecy Files Preliminary Economic Assessment for Gibellini Vanadium Project

      25 June, 2018

      Download as PDF Vancouver, British Columbia, June 25, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce the filing of a technical report prepared in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects (“NI 43-101”) regarding a preliminary economic assessment (the “PEA”) for its Gibellini vanadium project in Eureka, Nevada. The PEA is available under the Company’s profile on SEDAR at www.sedar.com. […]

    • Prophecy Shareholders Pass All Resolutions at 2018 AGM

      21 June, 2018

      Download as PDF Vancouver, British Columbia, June 20, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce that all proposed resolutions were approved at the Company’s Annual General Meeting of shareholders held on June 20, 2018 in Vancouver, British Columbia (the “Meeting”). The number of directors was set at four and all director nominees, as listed in the Management Information Circular dated May 8, 2018 […]

    • Prophecy Shares Listed on OTCQX under PRPCF Now DTC Eligible

      08 June, 2018

      Download as PDF Vancouver, British Columbia, June 8, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) announces that it has secured DTC eligibility for its Common shares that are listed for trading on the OTCQX® Best Market under the ticker symbol “PRPCF” in the United States. About the Depository Trust Company The Depository Trust Company (DTC) manages the electronic clearing and settlement of publicly traded companies. Securities that […]

    • Prophecy Announces $2,802,000 Private Placement

      30 May, 2018

      Download as PDF Vancouver, British Columbia, May 30, 2018 – 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 934,000 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”). […]

    • Prophecy Announces Positive Preliminary Economic Assessment Study for the Gibellini Vanadium Project

      29 May, 2018

      Download as PDF Vancouver, British Columbia, May 29, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce results of a positive preliminary economic assessment study (the “PEA”) for its Gibellini vanadium project, designed to be an open pit, heap leach operation in Nevada’s Battle Mountain region, about 25 miles south of the town of Eureka. The PEA reported an after tax cumulative cash flow of […]

    • Prophecy Submits Plan of Operations for the Gibellini Vanadium Project on Schedule

      09 May, 2018

      Download as PDF Vancouver, British Columbia, May 9, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce the submission of its Management’s Plan of Operations (the “MPO”) for the Gibellini vanadium project (the “Gibellini Project”) to the United States Department of the Interior, Bureau of Land Management, Mount Lewis Field Office (the “BLM”) and the Reclamation Permit Application to the Nevada Division of Environmental Protection, […]

    • Prophecy Development Corp. Prepares to Drill Gibellini Vanadium Project

      30 April, 2018

      Download as PDF Vancouver, British Columbia, April 30, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is initiating preparations for its exploration and verification drilling program on the Gibellini vanadium project in Q2 2018. A total of 4,880m of reverse circulation drilling in 64 holes are planned in the following target areas: Gibellini: 33 holes total 2,740 meters The report (the “Technical Report”) prepared by Amec Foster Wheeler […]

    • Prophecy Granted Right to Buy Out Nevada Gibellini Vanadium Claims

      23 April, 2018

      Download as PDF Vancouver, British Columbia, April 23, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) announces an amendment to the Gibellini mineral lease agreement dated June 22, 2017 (the “MLA”), whereby Prophecy has been granted the right to cause the current holder (the “Lessor”) of the Gibellini mineral claims (which Prophecy is currently leasing) to transfer their title to the claims to Prophecy. Mineral Lease Agreement Background: […]

    • Prophecy Gains Gibellini Vanadium Project Data Access, On Schedule to Submit Plan of Operations and Baseline Studies

      18 April, 2018

      Download as PDF Vancouver, British Columbia, April 18, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce that it has signed an agreement (the “Agreement”) with Monitor Ventures Inc. (“Monitor”) for the right to access and use information related to the Gibellini vanadium project (the “Gibellini Data Pack”) which was commissioned, compiled and held by Monitor. Monitor (previously known as American Vanadium Corp. from 2010 […]

    • Prophecy’s Gibellini Vanadium Project to Undergo Streamlined NEPA Review Process (US Secretary of the Interior Order No. 3355)

      28 March, 2018

      Download as PDF Vancouver, British Columbia, March 28, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce that following a meeting between the Company and staff of the Battle Mountain District-Mt. Lewis field office of the Bureau of Land Management (the “BLM”) on March 23, 2018, Prophecy’s Gibellini vanadium project (the “Gibellini Project”) will be one of the first projects to undergo National Environmental Policy […]

    • Prophecy Receives Interest on Ulaan Ovoo Project and Provides Update on Progress in Bolivia

      20 March, 2018

      Download as PDF Vancouver, British Columbia, March 20, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to provide the following updates on its Pulacayo and Paca silver-lead-zinc projects in Bolivia, and Ulaan Ovoo and Chandgana Projects in Mongolia. Bolivia: A delegation led by the Bolivian Minister of Mining and Metallurgy attended the Prospectors & Developers Association of Canada (PDAC) mining conference in Toronto earlier this month. […]

    • Prophecy and Northwest Nonferrous Metals Mining Group Enter Technical Advisory and Cooperation Agreement to Advance Gibellini Vanadium Project

      12 March, 2018

      Download as PDF Vancouver, British Columbia, March 12, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce it has entered into a technical advisory and cooperation agreement with Northwest Nonferrous Metals Mining Group Co., Ltd. (“NWME”) to advance the Gibellini vanadium project located in the mining-friendly Battle Mountain region in northeastern Nevada, USA. The scope of work for NWME includes technical design and engineering of […]

    • Prophecy Begins Trading on OTCQX Market under PRPCF

      27 February, 2018

      Download as PDF Vancouver, British Columbia, February 27, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce that the Company’s Common shares have begun trading on the premier tier of the OTC Markets Group in the United States: the OTCQX® Best Market. The ticker symbol is “PRPCF”. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com. Dorsey & […]

    • Prophecy Appoints VP Operations, VP Exploration, and Environmental Permitting Consultant to Develop Gibellini Vanadium Project

      26 February, 2018

      Download as PDF Vancouver, British Columbia, February 26, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) is pleased to announce the following executive management appointments: Michael Drozd, Vice-President, Operations Based in Elko, Nevada (within 110 miles of the Company’s Gibellini project), Mr. Drozd has 40 years of experience in underground and open pit mining operations, hydrometallurgical and mineral processing facilities, mining project development, metallurgical research and development, and […]

    • Prophecy Acquires Additional Mining Claims Adjacent to its Gibellini Vanadium Project, Resumes Environmental Work

      15 February, 2018

      Download as PDF Vancouver, British Columbia, February 15, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) is pleased to announce that it has successfully acquired an additional 105 unpatented lode mining claims (the “Additional Claims”) located adjacent to its existing Gibellini project in Eureka County, Nevada, through the arm’s-length acquisition of 1104002 B.C. Ltd., a privately held company incorporated in British Columbia, and its subsidiary, a privately held […]

    • Prophecy Receives Batch Metallurgical Testing Results from Titan Samples

      31 January, 2018

      Download as PDF Vancouver, British Columbia, January 31, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) announces further to its news release updating the status of the Company’s Titan property dated July 11, 2017, that Prophecy has now received results from batch metallurgical testing of samples obtained from its Titan property. The Company’s 100% owned, Titan vanadium-iron-titanium property (the “Titan Property”) is located at Flett and Angus Townships, […]

    • Prophecy Shareholders Pass All Resolutions at Special Meeting

      18 December, 2017

      Download as PDF Vancouver, British Columbia, December 18, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2) is pleased to announce that shareholders of the Company approved all of the proposed resolutions at the Company’s Special Meeting of shareholders held on December 15, 2017 in Vancouver, British Columbia. An ordinary resolution of the shareholders of the Company was approved with respect to the issuance of 1,139,711 units (the “Units” […]

    • Prophecy Expands Gibellini Staking and Outlines Vanadium Business Strategy

      05 December, 2017

      Download as PDF 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 […]

    • Prophecy Closes-Out Credit Facility

      28 November, 2017

      Download as PDF 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 […]

    • 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 November, 2017

      Download as PDF 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 […]

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

      20 November, 2017

      Download as PDF 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 […]

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

      08 November, 2017

      Download as PDF 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 […]

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

      16 October, 2017

      Download as PDF 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 […]

    • Early Warning Report

      26 September, 2017

      Download as PDF 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 […]

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

      20 September, 2017

      Download as PDF 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 […]

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

      01 September, 2017

      Download as PDF 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 […]

    • Prophecy Announces $3,108,000 Private Placement

      25 August, 2017

      Download as PDF 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 […]

    • Prophecy to Acquire Mountain of Gold Project in Madagascar

      25 August, 2017

      Download as PDF 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 […]

    • Prophecy Retracts Technical Disclosure

      25 August, 2017

      Download as PDF 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 […]

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

      21 July, 2017

      Download as PDF 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 […]

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

      13 July, 2017

      Download as PDF 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 […]

    • Prophecy Provides Update on Titan and Gibellini Vanadium Projects

      11 July, 2017

      Download as PDF 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 […]

    • Prophecy Closes Gibellini Vanadium Project Acquisition and Sets Company Priority

      23 June, 2017

      Download as PDF 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 […]

    • Early Warning Report

      16 June, 2017

      Download as PDF 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 […]

    • Prophecy Shareholders Pass All Resolutions at 2017 AGM

      13 June, 2017

      Download as PDF 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 […]

    • Prophecy Provides Pulacayo Project Update

      18 May, 2017

      Download as PDF 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 […]

    • Prophecy Expects to Close Gibellini Project Acquisition in May

      17 May, 2017

      Download as PDF 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 […]

    • Prophecy to Acquire Advanced Gibellini Vanadium Project in Nevada

      08 May, 2017

      Download as PDF 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 […]

    • Prophecy Closes Oversubscribed Private Placement Grossing $413,000

      12 April, 2017

      Download as PDF 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 […]

    • Prophecy Announces $400,000 Private Placement

      14 March, 2017

      Download as PDF 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 […]

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

      01 March, 2017

      Download as PDF 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 […]

    • Prophecy Consolidates 100% of Titan Vanadium Project

      10 February, 2017

      Download as PDF 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”). […]

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

      27 January, 2017

      Download as PDF 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 […]

    • Early Warning Report

      16 January, 2017

      Download as PDF 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 […]

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

      13 January, 2017

      Download as PDF 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, […]

    • Prophecy Announces $150,000 Private Placement

      09 January, 2017

      Download as PDF 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”). […]

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

      28 December, 2016

      Download as PDF 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 […]

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

      23 December, 2016

      Download as PDF 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% […]

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

      14 December, 2016

      Download as PDF 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 […]

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

      02 December, 2016

      Download as PDF 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 […]

    • Early Warning Report

      25 November, 2016

      Download as PDF 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 […]

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

      24 November, 2016

      Download as PDF 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 […]

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

      22 November, 2016

      Download as PDF 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 […]

    • Early Warning Report

      21 November, 2016

      Download as PDF 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 […]

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

      10 November, 2016

      Download as PDF 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 […]

    • Early Warning Report

      09 November, 2016

      Download as PDF 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 […]

    • Corporate Update and Early Warning Report

      03 November, 2016

      Download as PDF 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 […]

    • Prophecy Webcast Monday, October 10 and Early Warning Report

      06 October, 2016

      Download as PDF 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 – […]

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

      29 September, 2016

      Download as PDF 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 […]

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

      22 September, 2016

      Download as PDF 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 […]

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

      29 August, 2016

      Download as PDF 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”). […]

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

      15 August, 2016

      Download as PDF 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 […]

    • Prophecy Announces $570,000 Private Placement

      08 August, 2016

      Download as PDF 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 […]

    • Prophecy Commences Paca Exploration and Provides Update on Pulacayo Underground Project

      16 June, 2016

      Download as PDF 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 […]

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

      06 June, 2016

      Download as PDF 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 […]

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

      02 June, 2016

      Download as PDF 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 […]

    • Prophecy to Clear TDB Loan and Issues Shares for Debt

      18 April, 2016

      Download as PDF 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 […]

    • Prophecy Proposes Issuance of Units for Debt and Share Consolidation

      30 March, 2016

      Download as PDF 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 […]

    • Prophecy Clarifies Technical Disclosure

      24 March, 2016

      Download as PDF Vancouver, British Columbia, March 24, 2016 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, Frankfurt:1P2) As a result of a review by the British Columbia Securities Commission, Prophecy is issuing the following news release to clarify our disclosure. The Company made the following non-compliant statements regarding its Pulacayo Project in its January 12, 2016 corporate presentation (the “Presentation”), and in the Mine Plan Summary (“MP Summary”) and Pulacayo-Paca […]

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

      04 March, 2016

      Download as PDF 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 […]

    • Prophecy Voluntarily Delists from OTCQX

      29 January, 2016

      Download as PDF 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 […]

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

      25 January, 2016

      Download as PDF 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 […]

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

      22 December, 2015

      Download as PDF (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 […]

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

      22 December, 2015

      Download as PDF 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 […]

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

      18 December, 2015

      Download as PDF 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 […]

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

      18 December, 2015

      Download as PDF (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 […]

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

      18 December, 2015

      Download as PDF 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 […]

    • Prophecy’s Pulacayo Project Receives Toll Milling Offers

      24 November, 2015

      Download as PDF 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 […]

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

      13 November, 2015

      Download as PDF 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 […]

    • Prophecy Announces $1,000,000 Private Placement

      12 November, 2015

      Download as PDF 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”). […]

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

      05 November, 2015

      Download as PDF 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 […]

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

      04 November, 2015

      Download as PDF 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. […]

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

      30 September, 2015

      Download as PDF 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 […]

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