Vancouver, British Columbia - Prophecy Development Corp. has received an independent technical report titled “Gibellini Vanadium Project Nevada, USA NI 43-101 Technical Report” with an effective date of November 10, 2017 prepared by Amec Foster Wheeler E&C Services Inc. on the Gibellini vanadium project which has been filed under the Company’s profile on the System for Electronic Document Analysis and [...]
Vancouver, British Columbia (FSCwire) - Prophecy Development Corp. (the "Company" or "Prophecy") (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) has received an updated technical report on its 100% owned, Titan vanadium-iron-titanium property (the "Property") located at Flett and Angus Townships, 120 kilometres northeast of Sudbury, Ontario. The Property consists of 262 contiguous hectares comprising 17 patented claims, with [...]
Vancouver, British Columbia (FSCwire) - Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) announces that it has closed the second and final tranche of its non-brokered private placement previously announced on August 25, 2017, increased on September 1, 2017, and further increased on October 4, 2016 (the “Placement”). The second and final tranche of the Placement raised gross [...]
Prophecy Development announces that John Lee, of Suite 1301, 12 Harcourt Road, Central, Hong Kong, Executive Chairman of the Company, acquired the following securities of the Company: 68,000 options on September 1, 2017; and 100,000 special warrants (each, convertible upon shareholder approval, into one unit comprised of one Common share and one half of one warrant) via private placement on September 20, 2017 [...]
Vancouver, British Columbia (FSCwire) - Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) announces that it has closed the first tranche of the $5,757,360 non-brokered private placement (the “Placement”) announced on August 25, 2017 and increased on September 1, 2017. The first tranche of the Placement raised gross cash proceeds of $4,539,390 through the issuance of 667,968 [...]
Vancouver, British Columbia (FSCwire) - Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) announces that it intends to increase the size of the private placement (the “Placement”) previously announced for $3,108,000 on August 25, 2017, now to a maximum of $5,757,360. The Placement will now involve the issuance of up to 888,000 units (the “Units”) and up to 900,000 special [...]
Vancouver, British Columbia (FSCwire) - Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) announces that it is undertaking a non-brokered private placement (the “Placement”) involving the issuance of up to 888,000 units (each a “Unit”) at a price of $3.50 per Unit. Each Unit will consist of one Common share in the capital of the Company (a “Share”) and one half of one Share [...]
Vancouver, British Columbia (FSCwire) - This press release replaces the press release disseminated August 25, 2017 at 7:35PM ET. The corrected press release is below: Prophecy to Acquire Mountain of Gold Project in Madagascar Vancouver, British Columbia, August 25, 2017 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) has entered into a binding [...]
Vancouver, British Columbia (FSCwire) - Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) has entered into a binding letter agreement (the “Letter Agreement”) with an arm’s-length party (the “Seller”) to acquire the Dabolava gold project located in the Republic of Madagascar (the “Dabolava Project”). The Seller [...]
Vancouver, British Columbia (FSCwire) - Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK: PRPCF, Frankfurt:1P2N) As a result of a review by the British Columbia Securities Commission, Prophecy is issuing the following news release to retract certain disclosures previously made regarding its Gibellini, Pulacayo and Titan properties. Gibellini Property The Company retracts all disclosure relating to [...]
Prophecy Development has entered into a binding letter agreement with Fairmont Resources to acquire the fully-permitted Buttercup Iron-Titanium-Vanadium project in Quebec. Prophecy is initiating discussions with several potential dense aggregate buyers and has targeted for production to commence by the end of 2017, should commercial terms be reached with an off taker.*
Vancouver, British Columbia (FSCwire) - Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) is pleased to announce that it has successfully acquired through lease, the Louie Hill vanadium project in Nevada, USA (the “Louie Hill Project”) from arm’s-length, private parties (the “Lessors”) with the intent to carry-out mining [...]