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Author: root

Prophecy Commenced Drilling At Pulacayo Paca Silver Project (Core Photos)

September 30, 2019

Vancouver, British Columbia, September 30, 2019 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX: PRPCF, Frankfurt:1P2N) is pleased to announce a 5,000-meter diamond drilling at its Pulacayo Paca silver-zinc-lead deposit in Bolivia has started with first set of assay results expected in early November, 2019. Pictures of core samples are available at www.prophecydev.com. […]

Prophecy Completes Internal Reorganization

September 24, 2019

Vancouver, British Columbia, September 24, 2019 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt:1P2N) announces, further to its news release dated August 19, 2019, the successful completion of its internal reorganization. Prophecy is now the parent company of the following direct subsidiaries: Silver Elephant Mining Corp. (BC, Canada): Silver Elephant […]

Prophecy Shareholders Pass All Resolutions at 2019 AGM

September 12, 2019

Vancouver, British Columbia, September 12, 2019 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to report that all proposed resolutions were approved at the Company’s Annual General Meeting of shareholders held on September 12, 2019 in Vancouver, British Columbia (the “Meeting”). The number of directors was set at 5 and […]

Prophecy Development Closes $2,600,000 Private Placement With Insiders and Strategic Investor

September 9, 2019

Vancouver, British Columbia, September 9, 2019 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX: PRPCF, Frankfurt:1P2N) is pleased to report that it has closed the private placement (the “Placement”) previously announced on August 26, 2019. The Placement raised gross cash proceeds of $2,600,000 through the issuance of 13,000,000 common shares (the “Shares”) of […]

Prophecy Announces $2,600,000 Private Placement

August 26, 2019

Vancouver, British Columbia, August 26, 2019 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCF, Frankfurt:1P2N) announces that it is undertaking a non-brokered private placement (the “Placement”) involving the issuance of 13 million Common Shares of the Company (the “Shares”) at a price of $0.20 per per Share to raise aggregate gross proceeds of […]

Prophecy Incorporates Silver Elephant Mining Corp and Asia Mining Inc, Prepares for Silver Spinoffs

August 19, 2019

Vancouver, British Columbia, August 19, 2019 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce the formation of two wholly owned Canadian BC subsidiaries; Silver Elephant Mining Corp. (“Silver Elephant”) and Asia Mining Inc. (“Asia Mining”) in order to facilitate potential future spinoffs of the Company’s wholly owned Bolivian […]

Prophecy Appoints Marc Leduc as Independent Director

July 23, 2019

Vancouver, British Columbia, July 23, 2019 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX: PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce the appointment of Marc Leduc, P.Eng. as the Company’s Director of the board effective July 22, 2019.  Marc Leduc is a mining engineer and geologist with more than 30 years’ experience involving all aspects […]

Prophecy to Submit Key State Permit Applications by end of Q3 2019 for its Gibellini Vanadium Project

July 19, 2019

Vancouver, British Columbia, July 19, 2019 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to update its objectives for the second half of 2019 for its Gibellini Vanadium Project (the “Gibellini Project”). With the submittal of its updated Plan of Operations/Reclamation Permit Application to the Bureau of Land Management, Mount […]

Prophecy’s Ulaan Ovoo Achieves Record Monthly Coal Production 37,800 tonnes in Mongolia

July 9, 2019

Vancouver, British Columbia, July 9, 2019 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) announces that the Company’s Mongolian Ulaan Ovoo mine achieved record monthly coal production of 37,800 tonnes in June of this year. Ulaan Ovoo mine was commissioned in March 2019, however the operation was stopped in April and May […]

Prophecy Submits Enhanced Plan of Operations for Its Gibellini Vanadium Project On Schedule

July 8, 2019

Vancouver, British Columbia, July 8, 2019 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce the submission of its updated Plan of Operations (the “POO”) through the Company’s US subsidiary for its 100% owned Gibellini vanadium project (the “Gibellini Project”) to the United States Department of the Interior, Bureau […]