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Author: root

Prophecy to Receive Approximately $2.4 million from Equipment Sales

May 14, 2015

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

Prophecy Engages Investor Relations Firm and Grants Options

April 8, 2015

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

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

March 27, 2015

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

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

March 16, 2015

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

Prophecy berichtet über Fortschritte beim Grubenkraftwerkprojekt Chandgana in der Mongolei

March 16, 2015

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

Prophecy Development Reports Progress on Private Placement

February 25, 2015

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

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

February 2, 2015

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

Prophecys Probenahmen beim Abraum am Projekt Pulacayo ergaben bis zu 1.200 g/t Ag, 7 g/t Au und 154,5 g/t In (Indium)

February 2, 2015

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

Prophecy Announces Approval of Zeltura Road Feasibility Study

January 20, 2015

Vancouver, British Columbia, January 20, 2015 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce the approval, via Resolution No. 16, of the Ministry of Roads and Transportation of Mongolia for the Road Feasibility study previously submitted by the Company for the construction of a 17km road to connect […]

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

January 5, 2015

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