VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/02/10 -- Prophecy Resource Corp. ('Prophecy' or the 'Company') (TSX VENTURE: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) has arranged a secured debt facility of up to $10 million (the 'Loan') with Waterton Global Value, L.P. ('Waterton'). Subject to certain drawdown conditions, the loan may be drawn down in three tranches as follows: (a) $2 million on the closing date, which
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/26/10 -- Prophecy Resource Corp. ('Prophecy' or the 'Company') (TSX VENTURE: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) Referring to the Mine Services Agreement between itself and Leighton Asia Limited, Prophecy announced today that Leighton has established the required infrastructure and deployed all necessary equipment and manpower (on schedule) to execute long term mining
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/20/10 -- Prophecy Resource Corp. ('Prophecy' or the 'Company') (TSX VENTURE: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce that it has nominated Mr. Paul Venter for appointment to its Board of Directors.
Mr. Venter's experiences in regional and international coal operations make him uniquely qualified to serve on Prophecy's Board of Directors. He is an
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/16/10 -- Prophecy Resource Corp. ('Prophecy' or the 'Company') (TSX VENTURE: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) reports today that the Measured and Indicated coal mineral resources within its Chandgana Khavtgai ('Khavtgai') coal project located in east central Mongolia exceeds one billion tonnes of coal.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/21/10 -- Prophecy Resource Corp. ('Prophecy') (TSX VENTURE: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce Company's common shares have been called to trade on the premier tier of the OTC market in the United States, the OTCQX. The ticker symbol is 'PRPCF'. As part of the OTCQX listing process, Prophecy Resource is now included in the Standard & Poors
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/07/10 -- Prophecy Resource Corp. (TSX VENTURE: PCY)(PINK SHEETS: PRPCF)(FRANKFURT: 1P2) ('Prophecy' or the 'Company') announced today that it has as received the first results of a property-wide surface induced polarization ('IP') survey conducted during the late-spring of 2010. To date, results have been modeled for the area coinciding with the Disco deposit that was
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/28/10 -- Prophecy Resource Corp. ('Prophecy' or the 'Company') (TSX VENTURE: PCY)(PINK SHEETS: PRPCF)(FRANKFURT: 1P2) announced today it has commenced an exploration program on its Titan Vanadium/Iron Project. The program comprises 22 line kilometres of linecutting covering over 2.7 square km in 100 m intervals that will extend the current surveyed grid west and
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/21/10 -- A correction is being issued with respect to the release for Prophecy Resource Corp. (TSX VENTURE: PCY)(PINK SHEETS: PRPCF)(FRANKFURT: 1P2) that disseminated today, June 21, 2010 at 9:00 AM ET. The incorrect company name was added to the title. The release is re-issued with the correct title.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/21/10 -- Prophecy Resource Corp. ('Prophecy' or the 'Company') (TSX VENTURE: PCY)(PINK SHEETS: PRPCF)(FRANKFURT: 1P2) is pleased to report the successful completion of its spring exploration program on its 100% owned Chandgana-Khavtgai license in Khentii aimag (province), Mongolia. The work program consisted of 12 drill holes for a total of 2,205 metres including 903
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/15/10 -- Prophecy Resource Corp. ('Prophecy') (TSX VENTURE: PCY)(OTCBB: PRPCF)(FRANKFURT: 1P2) and Northern Platinum Ltd. ('Northern') (TSX VENTURE: NTH) (the 'Companies') are pleased to announce that they have entered into a binding letter of agreement (the 'Agreement') for a Business Combination through a proposed all share transaction (the 'Transaction').
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