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    • 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 […]

    • (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

      Download as PDF 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 […]

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

      18 September, 2015

      Download as PDF 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 […]

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

      10 September, 2015

      Download as PDF 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 […]

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

      09 September, 2015

      Download as PDF 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 […]

    • Prophecy Announces $2,000,000 Private Placement

      01 September, 2015

      Download as PDF 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”). […]

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

      27 August, 2015

      Download as PDF 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(%) […]

    • Prophecy Completes First Phase of District Exploration at Pulacayo

      20 August, 2015

      Download as PDF 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, […]

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

      19 August, 2015

      Download as PDF 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 […]

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

      01 August, 2015

      Download as PDF 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 […]

    • Prophecy Starts District Exploration at Pulacayo

      07 July, 2015

      Download as PDF 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 […]

    • Prophecy Shareholders Pass All Resolutions at 2015 AGM

      24 June, 2015

      Download as PDF 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 […]

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

      22 June, 2015

      Download as PDF 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 […]

    • 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

      Download as PDF (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 […]

    • 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

      Download as PDF 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. […]

    • Prophecy Received Approximately $2.34 million from Equipment Sales

      23 May, 2015

      Download as PDF 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”) […]

    • Prophecy to Receive Approximately $2.4 million from Equipment Sales

      14 May, 2015

      Download as PDF 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 […]

    • Prophecy Engages Investor Relations Firm and Grants Options

      08 April, 2015

      Download as PDF 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, […]

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

      02 April, 2015

      Download as PDF 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 […]

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

      27 March, 2015

      Download as PDF 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 […]

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

      16 March, 2015

      Download as PDF (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 […]

    • Prophecy berichtet über Fortschritte beim Grubenkraftwerkprojekt Chandgana in der Mongolei

      16 March, 2015

      Download as PDF 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, […]

    • Prophecy Development Reports Progress on Private Placement

      26 February, 2015

      Download as PDF 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 […]

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

      02 February, 2015

      Download as PDF (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, […]

    • 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

      Download as PDF 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 […]

    • Prophecy Announces Approval of Zeltura Road Feasibility Study

      20 January, 2015

      Download as PDF 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 […]

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

      05 January, 2015

      Download as PDF 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, […]

    • Prophecy Completes Acquisition of Pulacayo-Paca Project

      02 January, 2015

      Download as PDF 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 […]

    • Prophecy Coal Announces Results of Special Meeting

      22 December, 2014

      Download as PDF 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 […]

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

      08 December, 2014

      Download as PDF 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’ […]

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

      05 December, 2014

      Download as PDF (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 […]

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

      05 December, 2014

      Download as PDF 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 […]

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

      17 November, 2014

      Download as PDF 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 […]

    • Clarification Regarding Article Published October 24, 2014

      06 November, 2014

      Download as PDF 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 […]

    • Prophecy and Apogee Sign Definitive Agreement

      04 November, 2014

      Download as PDF 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 to acquire advanced Silver Lead Zinc mining project

      15 October, 2014

      Download as PDF (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 […]

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

      15 October, 2014

      Download as PDF 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 […]

    • Prophecy Coal Announces Zelter Border Approval

      19 September, 2014

      Download as PDF (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 […]

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

      19 September, 2014

      Download as PDF 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 […]

    • Prophecy Coal Consolidates Chandgana Nyalga Coal Basin

      18 August, 2014

      Download as PDF (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 […]

    • Prophecy Coal legt Konzessionen im Kohlebecken Chandgana Nyalga zusammen

      18 August, 2014

      Download as PDF 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 […]

    • Prophecy Coal Announces Amendment of Warrants and Options

      07 July, 2014

      Download as PDF 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 […]

    • Prophecy Coal Announces Resignation of Director

      06 July, 2014

      Download as PDF 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 […]

    • Prophecy Coal Announces Results of AGM

      19 June, 2014

      Download as PDF 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 […]

    • Prophecy Coal Announces Grant of Incentive Stock Options

      04 May, 2014

      Download as PDF 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 […]

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

      24 April, 2014

      Download as PDF 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. […]

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

      08 April, 2014

      Download as PDF 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 […]

    • Prophecy Receives Updated Chandgana Preliminary Economic Assessment

      03 April, 2014

      Download as PDF 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 […]

    • Prophecy Coal Announces Adoption of Advance Notice Policy and Majority Voting Policy

      27 March, 2014

      Download as PDF Vancouver, British Columbia, March 27, 2014 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces that its Board of Directors (the “Board”) has adopted an advance notice policy (the “Advance Notice Policy’) effective March 25, 2014. The Company intends to seek approval from shareholders at the next annual meeting of the Company to amend the Company’s articles to provide direction and a framework for the procedures […]

    • Prophecy Coal Announces the Passing of Michael J. Deats

      27 February, 2014

      Download as PDF Vancouver, British Columbia, February 27, 2014 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is saddened to announce the passing of Michael Julius Deats, an independent member of the Company’s Board of Directors, Audit Committee and Corporate Governance and Compensation Committee on February 18, 2014. Mr. Deats was appointed to the Prophecy Board of Directors in December 2010 and had a distinguished career as a mining […]

    • Prophecy Coal Grants Stock Options

      11 February, 2014

      Download as PDF Vancouver, British Columbia, February 11, 2014 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces that on February 3, 2014, it granted, in aggregate, 500,000 stock options (“Options”) to an officer of the Company. The Options have been granted pursuant to the terms of the Company’s Stock Option Plan, which was approved by shareholders at the Company’s annual general and special meeting of shareholders that was […]

    • Prophecy Coal Reports Preliminary Fourth Quarter Coal Production and Operation Update

      10 February, 2014

      Download as PDF Germany click here Vancouver, British Columbia, February 10, 2014 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to follow up its announcement of November 4, 2013, and report its preliminary figures on coal production and sales volumes from its 100% owned Ulaan Ovoo mine (“Ulaan Ovoo”) in Mongolia for the fourth quarter ended December 31, 2013:   October 31, 2013 November 30, 2013 December […]

    • Prophecy Coal Appoints New Corporate Secretary and Grants Stock Options

      04 February, 2014

      Download as PDF Vancouver, British Columbia, February 4, 2014 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce the appointment of Tony S.K. Wong as Corporate Secretary and General Counsel effective February 3, 2014. Mr. Wong is a lawyer who has practiced law throughout Canada for over 12 years. Mr. Wong replaces Pat Purdy as Prophecy’s Corporate Secretary. The Board of Directors thanks Ms. Purdy for […]

    • Prophecy Coal Corporate Update

      20 January, 2014

      Download as PDF Vancouver, British Columbia, January 20, 2014 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) Pursuant to shareholder approval granted at the Company’s 2013 Annual General and Special Meeting held on July 30, 2013, and further to its new release on December 30, 2013, the Company announces that it has issued a second tranche of 1,013,750 bonus shares in the capital of the Company to certain directors, […]

    • Prophecy Coal Corporate Update

      30 December, 2013

      Download as PDF Vancouver, British Columbia, December 30, 2013 – Prophecy Coal Corp. (“Prophecy”or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) Further to its News Releases of April 16, 2013, May 31, 2013, and June 6, 2013, the Company announced the issuance of an aggregate of 4,460,857 common shares upon the exercise of an aggregate of 12,525,429(the “Adjustment Warrants”), including 1,460,857 common shares issued on the exercise of 4,382,572 Adjustment Warrants (the “First Tranch […]

    • Prophecy Coal Clarifies Technical Disclosure

      19 December, 2013

      Download as PDF Vancouver, British Columbia, December December 19, 2013 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, 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. On June 18, 2012, Prophecy announced that it had entered into a binding Sale and Purchase Agreement (the “Agreement”) to acquire assets relating to certain Tugalgatai coal exploration […]

    • Prophecy Coal Pays off Outstanding Loan

      08 November, 2013

      Download as PDF Vancouver, British Columbia, November 8, 2013 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces that it has sold 18,525,000 Common shares of Prophecy Platinum Corp. previously owned by the Company in a private sale to arms length purchasers. Proceeds from the sale were used to fully pay out the secured loan from Waterton Global Value L.P. After closing the private sale, the Company owns approximately […]

    • Prophecy Extends Date For Sale Of Prophecy Platinum Corp. Shares

      06 November, 2013

      Download as PDF Vancouver, British Columbia, November 6, 2013: Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2) Further to its news release of October 17, 2013 the Company advises that the closing date for the sale of Prophecy Platinum shares has been extended to November 8, 2013 by agreement between the parties. Proceeds of the sale will be used to repaying outstanding debt due to Waterton Global […]

    • Prophecy Coal Resumes Operations at the Ulaan Ovoo Coal Mine

      04 November, 2013

      Download as PDF (Germany click here) Vancouver, British Columbia, November 4, 2013 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce that the Company has resumed mining operations at its Ulaan Ovoo (100% interest) coal mine in Mongolia. The mine restart plan has been on time and on budget. The road condition from the mine to the Sukhbaatar rail siding is normal and coal is being […]

    • Prophecy Accepts Offer to Purchase Additional Shares

      24 October, 2013

      Download as PDF Vancouver, British Columbia, October 24, 2013: Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2) announces that it in addition to the 17,300,000 shares being purchased, as announced on October 17, 2013, the Company has accepted an offer to purchase an additional 1,225,000 shares of Prophecy Platinum Corp. Closing of the purchase and sale has been scheduled for October 30, 2013. About Prophecy Coal Prophecy […]

    • Prophecy Accepts Offer to Purchase Prophecy Platinum Corp. Shares

      17 October, 2013

      Download as PDF Vancouver, British Columbia, October 17, 2013 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces that it has accepted an offer to purchase 17,300,000 shares of Prophecy Platinum Corp.(“PPC”) representing 22.42% of the issued and outstanding shares of PPC. Closing of the purchase and sale has been scheduled for October 29, 2013. The purchase and sale agreement is subject to termination by the purchaser in the […]

    • Prophecy Coal Signs Additional Coal Off-take Agreement

      07 October, 2013

      Download as PDF (Germany click here) Vancouver, British Columbia, October 7 2013 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce that it has entered into a coal sale contract (the “Contract”) for the sale of 30,000 tonnes of coal per month from the Company’s Ulaan Ovoo mine (the “Mine”) to a buyer at the Mine gate. Under this Contract, 30,000 tonnes of coal per month […]

    • Prophecy Comments on Information Leaks

      25 September, 2013

      Download as PDF VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sep 25, 2013) – Prophecy Coal Corp. (“Prophecy”) (PCY.TO)(PRPCF)(1P2.F) – The Company has learned that correspondence it received from the Toronto Stock Exchange has been improperly disclosed to the public. The Company is in the process of preparing a response to this correspondence. If any material information arises from this exchange of correspondence, the Company will disclose such information in a timely manner. About Prophecy […]

    • Prophecy Coal Appoints New Chief Financial Officer and Corporate Secretary

      20 September, 2013

      Download as PDF VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sep 20, 2013) – Prophecy Coal Corp. (“Prophecy” or the “Company”) (PCY.TO)(PRPCF)(1P2.F) is pleased to announce that it has made the following appointments effective immediately: Irina Plavutska, CGA: Chief Financial Officer Ms. Plavutska is a professional accountant with over 20 years of diverse international experiences in financial reporting, auditing, and accounting. She is a member of Certified General Accountants Association of British Columbia. Ms. Plavutska […]

    • Prophecy Coal Signs Multiple Coal Offtake Agreements, Aims to Restart Mining at Ulaan Ovoo in November.

      28 August, 2013

      Download as PDF (Germany Click here) VANCOUVER, BRITISH COLUMBIA–(Marketwire – August 28, 2013) – Prophecy Coal Corp. (“Prophecy” or the Company”)(TSX:PCY)(OTCQX:PRPCF)(FRANKFURT:1P2) is pleased to announce that in the last 60 days, it has entered into binding coal sales contracts with a number of buyers which will involve the sale of over 30,000 tonnes of coal per month (annualized rate of over 360,000 tonnes) from the Company’s Ulaan Ovoo mine. The buyers include […]

    • Prophecy Coal Signs Binding Coal Off-takes and Non-Binding MOU to Recommence Exports to Russia.

      12 August, 2013

      Download as PDF ( Germany click here ) Vancouver, British Columbia, August 12 2013 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce that it has entered into two binding coal sale export contracts for the sale of 30,000 tonnes of coal from the Company’s Ulaan Ovoo mine to a buyer in Russia. The buyer is a substantial coal trader with annual volume turnover in excess […]

    • Prophecy Announces AGM Voting results.

      01 August, 2013

      Download as PDF Vancouver, British Columbia, August 1, 2013: Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2) is pleased to announce the voting results for election of its Board of Directors at the Annual and Special General Meeting of Shareholders held on July 30, 2013 in Vancouver, British Columbia. The director nominees as listed in the Management Information Circular dated June 27, 2013 were elected as directors […]

    • Prophecy Annual & Special Meeting of Shareholders on July 30, 2013

      24 July, 2013

      Download as PDF Vancouver, British Columbia, Vancouver, British Columbia, July 23, 2013: Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2) reminds shareholders that it is holding its Annual & Special Meeting of Shareholders on July 30, 2013 at 10:00 AM (PDT) at the Board Room – 2nd. Floor – 342 Water Street, Vancouver, BC, V6B 1B6. The Company previously obtained an extension from the TSX permitting it […]

    • Prophecy Extends Loan Agreement with Waterton Global Value, L.P.

      15 July, 2013

      Download as PDF Vancouver, British Columbia, July 15, 2013: Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2) announces that it has entered a letter agreement dated July 15, 2013 with Waterton Global Value, L.P. (“Waterton”) (the “Amendment”), pursuant to which the parties have amended the Senior Secured Credit Agreement originally entered into on July 16, 2012 as amended on February 1, 2013 by a Waiver Agreement (such […]

    • Prophecy Coal Provides Ulaan Ovoo Mine Update (Map Included)

      24 June, 2013

      Download as PDF Prophecy Coal Provides Ulaan Ovoo Mine Update Click here for map VANCOUVER, BRITISH COLUMBIA –June 24, 2012 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY) (OTCQX:PRPCF) (FRANKFURT:1P2) is pleased to provide the following update of its Ulaan Ovoo mine. Since production was suspended in July, 2012 (see the Company’s August 9, 2012 news release), management has examined all aspects of the Ulaan Ovoo mine, from mining and transportation […]

    • Prophecy Closes Final Tranche of Private Placement

      07 June, 2013

      Download as PDF Vancouver, British Columbia, June 6, 2013: Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2) is pleased to confirm the closing of a second and final tranche of the private placement which was the subject of its February 7, April 16, and May 31, 2013 news releases (the “Placement”). The second tranche of the Placement closed with the issuance of 8,142,857 units (each a “Unit”) […]

    • Chandgana Coal Project Signs 25 year Coal Off-take Agreement

      05 June, 2013

      Download as PDF [German] Vancouver, British Columbia, June 5, 2013: Prophecy Coal Corp. (“Prophecy”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2) is pleased to announce the signing of a Coal Supply Agreement (“CSA”) between Chandgana Coal LLC (“Chandgana Coal”) and Prophecy Power Generation LLC (“PPG”), which is developing the 600MW mine mouth Chandgana power plant project (“The Project”). Chandgana Coal and PPG are both wholly owned subsidiaries of Prophecy, a Canadian company listed […]

    • Prophecy Provides Update on Closing of $1.14 million Final Tranche of Private Placement

      31 May, 2013

      Download as PDF Vancouver, British Columbia, May 31, 2013: Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2) provides the following update on the private placement which was the subject of its February 7 and April 16, 2013 news releases (the “Placement”). Prophecy expects shortly to close a second and final tranche of the Placement, which will involve the issuance of 8,142,857 units (each a “Unit”) of the […]

    • Prophecy Reaches 25-year Tariff Agreement for The Chandgana Power Project

      17 May, 2013

      Download as PDF [Listen | German] Vancouver, British Columbia, May 17, 2013: Prophecy Coal Corp. (“Prophecy” or “The Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2) is pleased to announce that the Company has received official correspondence from the Head of the Chandgana project working group (the “Working Group”) designated by the Mongolian Ministry of Energy, outlining the terms of a tariff agreement reached by the Working Group and Prophecy Power Generation LLC […]

    • Prophecy Closes First Tranche of Private Placement

      16 April, 2013

      Download as PDF Vancouver , British Columbia, April 16, 2013: Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2) announced that it has closed the first tranche of the non-brokered private placement (the “Private Placement”) announced on February 7, 2013. The first tranche of the Private Placement raised gross proceeds of $613,560 through the issuance of 4,382,571 units (each a “Unit”) of the Company, of which each Unit […]

    • Prophecy Provides Update on Chandgana Power Plant Project

      16 April, 2013

      Download as PDF Vancouver, British Columbia, April 16, 2013: Prophecy Coal Corp. (“Prophecy”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2) is pleased to provide the following update regarding its Chandgana coal mine-mouth power plant project (the “Power Project”), located in central Mongolia. As previously announced by Prophecy, all major permits required for the construction of the Power Plant have been received and required studies have been completed, including land use rights, geotechnical study, […]

    • Prophecy Obtains Power Plant Land Use Rights

      05 March, 2013

      Download as PDF Vancouver, British Columbia, March 5, 2013: Prophecy Coal Corp. (“Prophecy” or the “Company”)(TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2) is pleased to announce that Prophecy Power Generation LLC, a wholly owned private Mongolian subsidiary of Prophecy Coal Corp., has been granted 532.4 hectares of land to be used for Prophecy’s proposed Chandgana Power Plant Construction (the “Land Use Rights”). The Land Use Rights were granted pursuant to the Law on […]

    • Prophecy Provides Update on Tugalgatai Transaction

      01 March, 2013

      Download as PDF Vancouver, British Columbia, March 1, 2013: Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2) announces further to the news release dated November 15th, 2012, the Company continues the discussion with Tethys and its representatives regarding the purchase of Tulgalgatai coal licenses (the “Licenses”). Pursuant to the credit agreement (the “Credit Agreement”) between Prophecy and the Company’s creditor, Waterton Global Value, L.P. (“Waterton”), the expiry […]

    • Prophecy Announces Private Placement with An Asian Strategic Partner

      07 February, 2013

      Download as PDF Vancouver, British Columbia, February 7, 2013: 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 up to Can. $8,400,000 (the “Placement”). The Placement involves the issuance of up to 60,000,000 units (each a ‘Unit”) at a price of $0.14 per Unit. Each Unit consists of one common share (a “Share”) […]

    • Prophecy Receives Non-Binding Project Financing Indicative Term Sheet and Letter of Intent on a Project Equity Investment

      06 February, 2013

      Download as PDF Vancouver, British Columbia, February 6, 2013: Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2)  is pleased to announce that it has received indicative terms and conditions issued by a major international bank, (the “Potential Lender”), for a proposed loan (the “Loan”) in favour of Prophecy Coal Corp. (“Borrower”) for the purpose of funding the development and construction of the Chandgana Tal 4X150MW Power Plant […]

    • Prophecy Coal Announces Executive Chairman Appointment and Director Resignation

      25 January, 2013

      Download as PDF Vancouver, British Columbia, January 25, 2013: Prophecy Coal Corp. (“Prophecy Coal” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2) is pleased to announce that Mr. John Lee has transitioned from his role as Chief Executive Officer (“CEO“) of the Company to Executive Chairman of the Board of Directors (the “Board”) of the Company. The Board has determined that the Company has reached a critical stage and now requires […]

    • Review & Update Letter From Prophecy Coal CEO and Chairman

      22 January, 2013

      Download as PDF Dear all, I would like to first extend to you my best wishes for a happy and prosperous new year. Before sharing with you my outlook for 2013, I’d like to reflect on the development milestones of the proposed 600MW Chandgana Power Plant Project achieved in 2012: Signed Cooperation Covenant with the Mongolian Energy Authority to supply electricity by 2016 Received final quotation from Equipment Procurement Construction (EPC) bidders […]

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