VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/13/12 -- Prophecy Platinum Corp. ("Prophecy" or the "Company") (TSX VENTURE: NKL)(OTCQX: PNIKF)(FRANKFURT: P94P) is pleased to announce further results of its 2012 drill program on the Company's 100% owned Wellgreen PGM-Ni-Cu Project, located in the southwestern part of Yukon, Canada. Four surface holes and four underground holes all intercepted significant mineralized [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/12/12 -- Prophecy Platinum Corp. ("Prophecy" or the "Company") (TSX VENTURE: NKL)(OTCQX: PNIKF)(FRANKFURT: P94P) is pleased to announce an updated Mineral Resource estimate for the Shakespeare Deposit Underground East Zone prepared by P&E Mining Consultants Inc. ("P&E") of Brampton, Ontario. The Shakespeare Nickel Deposit is located 70 km west of Sudbury, Ontario [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/11/12 -- Prophecy Platinum Corp. ("Prophecy" or the "Company") (TSX VENTURE: NKL)(OTCQX: PNIKF)(FRANKFURT: P94P) is pleased to announce further results of its 2012 drill program on the Company's 100% owned Wellgreen PGM-Ni-Cu Project, located in the southwestern part of Yukon, Canada. Four surface holes and four underground holes all intercepted significant mineralized [...]
Prophecy Platinum reports the Company has closed a non-brokered private placement of 2,500,000 units at a price of $1.20 per Unit for total gross proceeds of $3 million as announced on August 24, 2012. To provide further details, the placement price reservation was filed with the TSX Venture Exchange on August 20, when the share price closed at $1.17. The single subscriber is an accredited strategic shareholder, who also [...]
Prophecy Platinum reports the Company has arranged a non-brokered private placement of 2,500,000 units at a price of $1.20 per Unit for total gross proceeds of $3 million. The entire placement was subscribed by an existing shareholder. Each Unit comprised one common share and a half (1/2) share purchase warrant. Each whole warrant entitles the holder thereof to acquire one additional common share at a price of $2.00 per [...]
Prophecy Platinum 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 analyst and proprietary trader in the Institutional Equities Division of a large Canadian financial institution from 2005 to 2010, and [...]
Prophecy Platinum is pleased to announce further results of its 2012 underground infill drill program on the Company's 100% owned Wellgreen PGM-Ni-Cu Project, located in the Yukon Territory, Canada. The five holes received and reported all intercepted significant mineralized widths, ranging from 94.2 metres (WU12-535) and up to 284.4 metres (WU12-521). Each hole reported ended in mineralization and was stopped due to [...]
Prophecy Platinum is pleased to announce the results of ongoing metallurgical testing for its Wellgreen Project located in the southwestern Yukon Territory. Metallurgical tests completed at SGS Laboratories under the direction of metallurgist Mr. Mike Ounpuu indicate separate nickel-PGE-cobalt concentrates grading up to 12.9% nickel and copper-PGE-gold concentrates grading up to 23.2% copper can be produced from [...]
Prophecy Platinum is pleased to announce the following appointments: Wesley J. Hall to Board of Directors. Wesley Hall is a graduate of the Institute of Corporate Directors (ICD) with nearly 20 years' experience in Corporate Governance and Shareholder Communications. Mr. Hall founded Kingsdale Shareholder Services Inc. (2003) and Kingsdale Communications Inc. (2009) with the aim of providing clients with an effective and [...]
Prophecy Platinum and the Kluane First Nation are pleased to announce that they have concluded a cooperation and benefits agreement to support Prophecy's exploration program and environmental studies for the development of its flagship Wellgreen Project in southwestern Yukon. The Agreement, which is comprehensive in nature, includes provisions for employment and training opportunities for KFN citizens, contracting [...]
Prophecy Platinum reports the Company has closed non-brokered private placement of units and flow through shares totaling just over $7.25 million. 5,067,208 Units were issued at a price of $1.20 per Unit to generate gross proceeds of approximately $6,080,650. Each Unit comprised one common share and a half (1/2) share purchase warrant exercisable until July 31, 2014. Each whole warrant entitled the holder thereof to [...]
Prophecy Platinum reports pursuant to press releases dated June 21 and June 25, 2012, the Company has amended and scheduled today to close non-brokered private placement of units and flow through shares totaling $7.25 million. 5,067,208 Units will be sold at a price of $1.20 per Unit to generate gross proceeds of approximately $6,080,650. Each Unit comprises of one common share and a half (1/2) share purchase warrant [...]