Author: root

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 […]

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 […]

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 […]

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, […]

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 […]

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 […]

(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 […]

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 […]

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, […]

(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”) […]