Prophecy Platinum is pleased to announce that Ursa Major shareholders have approved the business combination detailed in the joint news release dated April 16, 2012. Upon completion of the Transaction, Prophecy will issue 1 common share of Prophecy Platinum Corp. in exchange for every 25 outstanding common shares of Ursa Major Minerals. Based on 79.7 million Ursa common shares outstanding, Prophecy is expected to issue [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/28/12 -- Prophecy Platinum Corp. ("Prophecy" or the "Company") (TSX VENTURE: NKL)(OTCQX: PNIKF)(FRANKFURT: P94P) is pleased to announce the initial results of its 2012 underground drill program on the Company's 100% owned Wellgreen PGM-Ni-Cu Project, located in the Yukon Territory, Canada. Wide and continuous mineralizations were intercepted in all 7 drill hole results [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/25/12 -- Prophecy Platinum Corp. ("Prophecy" or the "Company") (TSX VENTURE: NKL)(OTCQX: PNIKF)(FRANKFURT: P94P) is pleased to provide results of full spectrum 6E (Pt, Pd, Rh, Ru, Os &, Ir) analysis of PGEs on the first batch of samples from the Company's 100% owned Wellgreen PGM-Ni-Cu project, located in the Yukon Territory, Canada.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/10/12 -- Prophecy Platinum Corp. ("Prophecy" or the "Company") (TSX VENTURE: NKL)(OTCQX: PNIKF)(FRANKFURT: P94P) Prophecy Platinum is pleased to announce the results of its preliminary metallurgical tests for its Wellgreen Ni-Cu-PGE project, located in the southwest of Canada's Yukon Territory.
Prophecy Platinum and Ursa Major Minerals are pleased to announce that they have signed a definitive agreement in connection with the business combination announced in their joint news release dated March 1, 2012. Prophecy has agreed to issue one common share for each 25 common shares of Ursa held. The Transaction: The Transaction will be effected by way of court approved statutory plan of arrangement under the Business [...]
Prophecy Platinum and Ursa Major Minerals Incorporated are pleased to announce that they have entered into a binding letter of agreement for a business combination through a proposed all share transaction. Prophecy and Ursa act at arm's length and the Transaction has been negotiated at arm's length.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/06/12 -- Prophecy Platinum Corp. ('Prophecy' or the 'Company') (TSX VENTURE: NKL)(OTCQX: PNIKF)(FRANKFURT: P94P) is pleased to announce the appointment of Mike Sylvestre to its Board of Directors.
Prophecy Platinum is pleased to announce that the Company will commence drilling on its Wellgreen PGE-Ni-Cu project starting the third week of January, 2012. Approximately 9,000 meters of underground drilling have been planned, targeting the infill areas of the existing Wellgreen inferred resource, and potential expansion of the resource southward to fill the pit area currently being designed in the Company's Preliminary [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/30/11 -- Prophecy Platinum Corp. ('Prophecy Platinum' or the 'Company') (TSX VENTURE: NKL)(OTCQX: PNIKF)(FRANKFURT: P94P) is pleased to announce that Prophecy Platinum and Prophecy Coal have entered into an intercompany loan facility (the 'Inter-Co Facility') whereby each company can request a loan from the other company of up to $2 million at an interest rate of 14.4
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/13/11 -- Prophecy Platinum Corp. ('Prophecy Platinum' or the 'Company') (TSX VENTURE: NKL)(OTCQX: PNIKF)(FRANKFURT: P94P) announces that it has diversified its cash holdings by recently purchasing approximately $2 million each in platinum and palladium exchange traded funds. An aggregate of approximately $4 million of PPLT and PALL, both traded on NYSE Arca, was
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/08/11 -- Prophecy Platinum Corp. ('Prophecy Platinum' or the 'Company') (TSX VENTURE: NKL)(OTCQX: PNIKF)(FRANKFURT: P94P) announces the final set of drill results received from its 2011 drilling at ...
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/17/11 -- Prophecy Platinum Corp. ('Prophecy Platinum' or the 'Company') (TSX VENTURE: NKL)(OTCQX: PNIKF)(FRANKFURT: P94P) is pleased to announce the closing of the non-brokered private placement ...