Prophecy Coal 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 been filed with the Toronto Stock Exchange ("TSX") and, subject to final TSX approval, it is anticipated that the Company's common shares will commence trading on the [...]
Prophecy Coal is pleased to announce that it has successfully acquired Apogee Minerals Bolivia S.A., ASC Holdings Limited and ASC Bolivia LDC (which hold ASC Bolivia LDC Sucursal Bolivia, the holder of Apogee Silver Ltd.'s mining joint venture interest in the Pulacayo-Paca project) from Apogee on the terms described in the Company's news release dated November 4, 2014. Shareholders of Apogee overwhelmingly approved the [...]
Prophecy Coal is pleased to announce that the shareholders of the Company approved the proposed Name Change resolution at the Company's Special Meeting of shareholders held on December 19, 2014 in Vancouver, British Columbia. Voting results for resolution noted above have been reported in the Report on Voting Results as filed on SEDAR on December 19, 2014.
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 8, 2014) - Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX:PCY)(OTCQX:PRPCF)(FRANKFURT:1P2) announces that it is undertaking a non-brokered private placement to raise gross proceeds of CAD$3,596,000 (the "Placement"). The Placement involves the issuance of 62 million common shares of the Company (the "Shares") at a price of $0.058 per Share to TBF Capital Management [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 5, 2014) - Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX:PCY)(OTCQX:PRPCF)(FRANKFURT:1P2) is pleased to announce that it is commencing an extensive evaluation of mineral potential in the tailings from the Pulacayo-Paca project located in Bolivia. As announced on November 4, 2014, Prophecy entered into a definitive agreement with Apogee Silver Ltd. ("Apogee") to [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 17, 2014) - Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX:PCY)(OTCQX:PRPCF)(FRANKFURT:1P2) will hold a special meeting of shareholders on December 19, 2014 at 8:30 AM (PST) (the "Special Meeting") at the Board Room - 2nd Floor, 342 Water Street, Vancouver, BC, V6B 1B6. At the Special Meeting, shareholders will be asked to approve an amendment to the Company's [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 7, 2014) - Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX:PCY)(OTCQX:PRPCF)(FRANKFURT:1P2) wishes to clarify that an article published under the title "Prophecy Coal Poised to Replicate Silvercorp's Growth Through Acquisition" on October 24, 2014, was not issued by the Company, but rather, a third party - Market One Media Group ("MMG"). Greg Hall is an independent [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 4, 2014) - Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX:PCY)(OTCQX:PRPCF)(FRANKFURT:1P2) is pleased to announce that it has signed a definitive agreement (the "Definitive Agreement") with Apogee Silver Ltd. ("Apogee") (TSX VENTURE:APE) (with Prophecy, the "Companies") in connection with the proposed transaction announced in the Companies' respective news releases [...]
VANCOUVER, British Columbia, Oct. 24, 2014 (GLOBE NEWSWIRE) -- The vast majority of silver production is not purchased for investment. More than 50% is used in industrial applications such as the manufacture of cars, electronics and even synthetic fibres such as polyester. That said the price has dropped from US$46.50 in April 2011 to US$17.50 now. The demand for industrial use will only pick up. iPads and iPhones alone [...]
VANCOUVER, British Columbia, Oct. 16, 2014 (GLOBE NEWSWIRE) -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX:PCY) (OTCQX:PRPCF) (Frankfurt:1P2) has entered into a binding letter agreement (the "Letter Agreement") with Apogee Silver Ltd. ("Apogee") (TSX-V:APE) to acquire the Pulacayo-Paca silver-lead-zinc mining project in Bolivia (the "Pulacayo Project"). Transaction Summary Under the Letter Agreement, Prophecy [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 15, 2014) - Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX:PCY)(OTCQX:PRPCF)(FRANKFURT:1P2) has entered into a binding letter agreement (the "Letter Agreement") with Apogee Silver Ltd. ("Apogee") (TSX VENTURE:APE) to acquire the Pulacayo-Paca silver-lead-zinc mining project in Bolivia (the "Pulacayo Project"). Transaction Summary Under the Letter Agreement, Prophecy [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 19, 2014) - Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX:PCY) (OTCQX:PRPCF) (FRANKFURT:1P2) is pleased to announce the approval of the Company's General Development Plan (the "GDP") for the Zeltura border port in Selenge province, Mongolia. Based on Article 17.4.5 of the Mongolian Border Control and Ports of Entry and Customs Law, Provision No. 4.8 of the Border [...]