Silver Elephant Mining Corp.

Prophecy Development Corp. is pleased to announce the diamond drilling results from Prophecy's 100% controlled Paca silver project in the Potosi department of Bolivia. Borehole PND 110 intersected 89 meters grading 378 g/t Ag-Equivalent starting from 9 meters downhole, including 12 meters grading 1,085 g/t Ag starting at just 16 meters downhole. Phase 1 Drill highlights include: PND107: 54.0 meters of 238 g/t AgEq from [...]

Prophecy Development Corp. is pleased to report that it has closed the private placement previously announced on October 7, 2019. The Placement raised gross cash proceeds of $3,900,000 for Prophecy through the issuance of 9,750,000 common shares of Prophecy, at a price of $0.40 per share. Mr. Eric Sprott, through 2176423 Ontario Ltd., a corporation that is beneficially owned by him, acquired 5,000,000 shares under the [...]

Prophecy Development Corp. announces that it is undertaking a non-brokered private placement involving the issuance of 10 million Common Shares of the Company at a price of $0.40 per Share to raise aggregate gross proceeds of $4,000,000. Company management and directors will purchase 400,000 Shares of the Placement. The Shares will be subject to a minimum hold period of four months plus one day from the date of issue [...]

Prophecy Development Corp. is pleased to announce that the Pulacayo Mining Production Contract between Prophecy and the Corporación Minera de Bolivia , a branch of the Bolivian Ministry of Mining and Metallurgy, was executed on October 3, 2019. Prophecy was notified of final government resolution approving the MPC on Sepember 27, 2019. The MPC grants Prophecy the 100% exclusive right to develop and mine at the [...]

Prophecy Development Corp. . 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. Michael Doolin, CEO of Prophecy states, "We are very excited to restart the development of our 100% controlled Pulacayo-Paca silver deposits in [...]

Prophecy Development Corp. 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. : Silver Elephant through its Bolivian subsidiaries, focuses on developing Prophecy's 100% controlled Pulacayo Paca silver mining project in Bolivia. Nevada Vanadium Mining [...]

Prophecy Development Corp. 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 number of directors was set at 5 and all director nominees, as listed in the Management Information Circular dated July 25, 2019 , were elected as directors of the Company at the Meeting to serve for a [...]

Prophecy Development Corp. is pleased to report that it has closed the private 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 of Prophecy, at a price of $0.20 per Share. Company management and directors purchased 2 million Shares of the Placement and one strategic investor purchased majority of the remainder of the [...]

Prophecy Development Corp. announces that it is undertaking a non-brokered private placement involving the issuance of 13 million Common Shares of the Company at a price of $0.20 per per Share to raise aggregate gross proceeds of $2,600,000. Company management and directors will subscribe 2 million Shares of the Placement. The Shares will be subject to a minimum hold period of four months plus one day from the date of [...]

Prophecy Development Corp. is pleased to announce the formation of two wholly owned Canadian BC subsidiaries; Silver Elephant Mining Corp. and Asia Mining Inc. in order to facilitate potential future spinoffs of the Company’s wholly owned Bolivian silver operation and Mongolian coal operation. John Lee, Prophecy Chairman, states that “We foresee a strong upward performance in silver prices. Silver Elephant is [...]