Silver Elephant Mining Corp.

Vancouver, British Columbia - Prophecy Development Corp. announces that it is engaged in discussions with advisors regarding spinning off a vanadium royalty and streaming company . It would be a means to provide investors with direct participation in vanadium mining royalties, streaming, and physical vanadium. Under the proposed structure, Prophecy would incorporate VRC as a wholly owned subsidiary—subject to [...]

VANCOUVER, BC / ACCESSWIRE / July 6, 2018 / Prophecy Development Corp. announces that it has closed the first tranche of the non-brokered private placement announced on May 30, 2018 and amended on June 26, 2018. The first tranche of the Placement raised gross cash proceeds of $1,081,690 through the issuance of 386,318 units of Prophecy. Each Unit is comprised of one Common share and one Common share purchase warrant [...]

Vancouver, British Columbia - Prophecy Development Corp. announces further to its news release dated May 30, 2018, that it has amended the terms of the private placement as follows: The amended Placement will now involve the issuance of up to 700,000 units at a price of $2.80 per Unit.  Each Unit consists of one Common share in the capital of the Company and one Share purchase warrant .  Each Warrant continues to entitle [...]

Prophecy Development is pleased to announce the filing of a technical report prepared in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects regarding a preliminary economic assessment for its Gibellini vanadium project in Eureka, Nevada. The PEA is available under the Company's profile on SEDAR at www.sedar.com. Prophecy's news release dated May 29, 2018, summarizes the assumptions [...]

Prophecy Development Corp. is pleased to announce that all proposed resolutions were approved at the Company’s Annual General Meeting of shareholders held on June 20, 2018 in Vancouver, British Columbia . The number of directors was set at four and all director nominees, as listed in the Management Information Circular dated May 8, 2018 , were elected as directors of the Company at the Meeting to serve until the [...]

Prophecy Development Corp. announces that it has secured DTC eligibility for its Common shares that are listed for trading on the OTCQX® Best Market under the ticker symbol “PRPCF” in the United States. About the Depository Trust Company The Depository Trust Company manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and [...]

Prophecy Development Corp. announces that it is undertaking a non-brokered private placement involving the issuance of up to 934,000 units at a price of $3.00 per Unit. Each Unit will consist of one Common share in the capital of the Company and one Share purchase warrant . Each Warrant entitles the holder to acquire an additional Share at a price of $4.00 per Share for a period of three years from the date of issuance [...]

Prophecy Development Corp. is pleased to announce results of a positive preliminary economic assessment study for its Gibellini vanadium project, designed to be an open pit, heap leach operation in Nevada’s Battle Mountain region, about 25 miles south of the town of Eureka. The PEA reported an after tax cumulative cash flow of $601.5 million, an internal rate of return of 50.8%, a net present value of $338.3 million [...]

Prophecy Development Corp. is pleased to announce the submission of its Management’s Plan of Operations for the Gibellini vanadium project to the United States Department of the Interior, Bureau of Land Management, Mount Lewis Field Office and the Reclamation Permit Application to the Nevada Division of Environmental Protection, Bureau of Mining Regulation and Reclamation . The MPO was prepared by SRK Consulting [...]

Prophecy Development Corp. is initiating preparations for its exploration and verification drilling program on the Gibellini vanadium project in Q2 2018. A total of 4,880m of reverse circulation drilling in 64 holes are planned in the following target areas: Gibellini: 33 holes total 2,740 meters The report prepared by Amec Foster Wheeler E&C Services Inc. according to National Instrument 43-101, Standards of Disclosure [...]