Silver Elephant Mining Corp.

Vancouver, British Columbia (FSCwire) - Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) announces that for nominal consideration of $1, Linx Partners Ltd. (“Linx”), a company controlled by John Lee, Executive Chairman of Prophecy, has agreed to accrue and postpone the repayment of any principal, interest and fees due under the $2.5 million revolving credit facility agreement [...]

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 50,000 units (each a “Unit”) at a price of $3.00 per Unit. Each Unit will consist of one Common share in the capital of the Company (a “Share”) and one Share purchase [...]

Vancouver, British Columbia (FSCwire) - Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCF, Frankfurt:1P2N) is pleased to announce that it has signed two coal sales and purchase agreements (the “SPAs”) to sell a total of 16,000 tonnes of coal sourced from its 100%-owned Ulaan Ovoo mine (“Ulaan Ovoo”) in Mongolia. The two purchasers were Erdenet Mining Corporation (“GOK”) (for 10,000 tonnes) and [...]

Vancouver, British Columbia (FSCwire) - Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCF, Frankfurt:1P2N) is pleased to announce, further to its press release dated November 24, 2016, the assay results of 22 samples collected from the Company’s most recent Pulacayo underground exploration program. Samples were obtained by continuous chip channel sampling across the [...]

Vancouver, British Columbia (FSCwire) - Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCD, Frankfurt:1P2N) is pleased to announce that it has signed a letter of intent (“LOI”) for toll milling services with the Bolivian company, Empresa Minera Señor de Maica (the “Service Provider”) whereby the Service Provider will provide dedicated toll [...]

Vancouver, British Columbia (FSCwire) - Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCD, Frankfurt:1P2N) is pleased to announce that it has signed a Letter of Intent (“LOI”) to lease the following mining equipment from the Bolivian company, Oroscons S.R.L. ("Oroscons"), which will be used for open-pit mining at the Company’s Paca deposit, located 7km [...]

Prophecy Development announces that John Lee, of Suite 1301, 12 Harcourt Road, Central, Hong Kong, Executive Chairman of the Company, acquired 15,000 shares of Prophecy through trading in the secondary market on November 24, 2016. Prior to the Acquisition, Mr. Lee beneficially owned 1,112,253 shares, representing approximately 23.14% of the issued and outstanding shares of the Company. As a result of the Acquisition, Mr [...]

Vancouver, British Columbia (FSCwire) - Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCD, Frankfurt:1P2N) is pleased to announce the exploration of an additional vein system (the "AVS") at its Pulacayo silver-zinc-lead project in Bolivia. The AVS is located approximately 200 metres west of the Rothschild shaft, at a level of 50 metres above the San Leon adit level (level [...]

Vancouver, British Columbia (FSCwire) - Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTC:PRPCD, Frankfurt:1P2N) is pleased to announce that it has signed a Letter of Intent ("LOI") to sell Pulacayo lead-silver and zinc-silver concentrates to Transamine Trading S.A. ("Transamine"). Prophecy and Transamine (the "Parties") intend to cooperate to negotiate a definitive sales and purchase agreement (the [...]

Prophecy Development announces that John Lee, of Suite 1301, 12 Harcourt Road, Central, Hong Kong, Executive Chairman of the Company, acquired 13,200 shares of Prophecy through trading in the secondary market on November 18, 2016. Prior to the Acquisition, Mr. Lee beneficially owned 1,099,053 shares, representing approximately 23.09% of the issued and outstanding shares of the Company. As a result of the Acquisition, Mr [...]