VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 28, 2013) - Prophecy Coal Corp. ("Prophecy" or the Company")(TSX:PCY)(OTCQX:PRPCF)(FRANKFURT:1P2) is pleased to announce that in the last 60 days, it has entered into binding coal sales contracts with a number of buyers which will involve the sale of over 30,000 tonnes of coal per month (annualized rate of over 360,000 tonnes) from the Company's Ulaan Ovoo mine. The buyers [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 12, 2013) - Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX:PCY)(OTCQX:PRPCF)(FRANKFURT:1P2) is pleased to announce that it has entered into two binding coal sale export contracts for the sale of 30,000 tonnes of coal from the Company's Ulaan Ovoo mine to a buyer in Russia. The buyer is a substantial coal trader with annual volume turnover in excess of 2 million [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 1, 2013) - Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX:PCY) (OTCQX:PRPCF) (FRANKFURT:1P2) is pleased to announce the voting results for election of its Board of Directors at the Annual and Special General Meeting of Shareholders held on July 30, 2013 in Vancouver, British Columbia. The director nominees as listed in the Management Information Circular dated June [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 24, 2013) - Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX:PCY)(OTCQX:PRPCF)(FRANKFURT:1P2) reminds shareholders that it is holding its Annual & Special Meeting of Shareholders on July 30, 2013 at 10:00 AM (PDT) at the Board Room - 2nd Floor - 342 Water Street, Vancouver, BC, V6B 1B6. The Company previously obtained an extension from the TSX permitting it to hold its [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 16, 2013) - Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX:PCY)(OTCQX:PRPCF)(FRANKFURT:1P2) announces that it has entered a letter agreement dated July 15, 2013 with Waterton Global Value, L.P. ("Waterton") (the "Amendment"), pursuant to which the parties have amended the Senior Secured Credit Agreement originally entered into on July 16, 2012 as amended on February [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/24/13 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY) (OTCQX: PRPCF) (FRANKFURT: 1P2) is pleased to provide the following update of its Ulaan Ovoo mine.
Since production was suspended in July, 2012 (see the Company's August 9, 2012 news release), management has examined all aspects of the Ulaan Ovoo mine, from mining and transportation to marketing and [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/07/13 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to confirm the closing of a second and final tranche of the private placement which was the subject of its February 7, April 16, and May 31, 2013 news releases (the "Placement").
The second tranche of the Placement closed with the issuance of 8,142,857 units [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/05/13 -- Prophecy Coal Corp. ("Prophecy") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce the signing of a Coal Supply Agreement ("CSA") between Chandgana Coal LLC ("Chandgana Coal") and Prophecy Power Generation LLC ("PPG"), which is developing the 600MW mine mouth Chandgana power plant project ("The Project").
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/31/13 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) provides the following update on the private placement which was the subject of its February 7 and April 16, 2013 news releases (the "Placement").
Prophecy expects shortly to close a second and final tranche of the Placement, which will involve the issuance of 8,142,857 [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/17/13 -- Prophecy Coal Corp. (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) ("Prophecy" or "The Company") is pleased to announce that the Company has received official correspondence from the Head of the Chandgana project working group (the "Working Group") designated by the Mongolian Ministry of Energy, outlining the terms of a tariff agreement reached by the Working Group [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/16/13 -- Prophecy Coal Corp. ("Prophecy") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to provide the following update regarding its Chandgana coal mine-mouth power plant project (the "Power Project"), located in central Mongolia.
As previously announced by Prophecy, all major permits required for the construction of the Power Plant have been received and [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/16/13 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) announced that it has closed the first tranche of the non-brokered private placement (the "Private Placement") announced on February 7, 2013. The first tranche of the Private Placement raised gross proceeds of $613,560 through the issuance of 4,382,571 units (each a [...]
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