VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/06/12 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce that Prophecy Power Generation LLC ("Prophecy Power"), a wholly owned subsidiary of Prophecy, has formally submitted its Power Purchase Agreement proposal to the Mongolian government.
The proposed Power Purchase Agreement ("PPA") details the terms [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/16/12 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce the appointment of Mr. Rob Bruggeman as Vice President, Corporate Development. Rob Bruggeman has worked in the brokerage industry in Toronto for over a decade. He was a small cap equity research analyst at a brokerage firm from 2000 to 2005, a desk [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/09/12 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) announces that Ulaan Ovoo, Mongolia, coal mining operations have been temporarily suspended since July 2012 because the current stockpile of coal (187,000 tonnes) is sufficient to meet contractual supply obligations through the balance of 2012. Approximately 80 mining [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/07/12 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to debut Prophecy Power Corp. ("Prophecy Power"), the Company's wholly-owned Mongolian subsidiary focused on the power sector in Mongolia. Prophecy Power, formerly known as East Energy Corp, was incorporated in 2010 with the specific business objective of [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/27/12 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce the following appointments:
Harald Batista to Prophecy's Board of Directors
Mr. Batista is an accomplished entrepreneur with over two decades of international sales and marketing experience. He holds an MBA degree from Santa Clara University in [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/16/12 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) has arranged a $10 million secured debt facility (the "Loan") with Waterton Global Value, L.P. ("Waterton Global"). The funds will be used to complete the purchase of the Tugalgatai, Mongolia coal licenses on which a large coal resource is known to exist as described in [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/18/12 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce that it has entered into a binding Sale and Purchase Agreement (the "Agreement") to acquire assets relating to certain Tugalgatai coal exploration licenses from Tethys Mining LLC ("Tethys"), and subject to approval from the Minerals Resource Authority [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/28/12 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce that the Energy Authority of Mongolia ("EA") has entered into a Cooperation Covenant (the "Covenant") with Prophecy to bring the 600 MW Chandgana Power Project online by 2016.
The EA is the agency which implements governmental policy in the power [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/24/12 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce that it has entered into a coal sales contract with a local Mongolian direct reduced iron (DRI) manufacturing plant (the "Buyer"), for the sale of 22,100 tonnes of thermal coal from the Company's Ulaan Ovoo mine.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/10/12 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) As a result of a review by the British Columbia Securities Commission ("BCSC"), the Company is issuing this news release to clarify certain previous disclosures. On January 17, 2012, the Company issued a news release describing a feasibility study (the "Report") for a [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/08/12 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to provide the following update on its open pit coal operation at its Ulaan Ovoo mine in Mongolia.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/21/12 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) announces that it will extend the expiry dates of certain outstanding warrants as detailed below. The subject warrants were originally issued during March, April and September, 2010 with original expiry dates of 18 months and 2 years. The new expiry dates will provide a [...]
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