Prophecy Development Corp. will hold a special meeting of shareholders on March 16, 2020 at 10:00 AM at Suite 2600 - 1066 West Hastings Street, Vancouver, British Columbia, V6E 3X1. At the Special Meeting, shareholders will be asked to approve a change of the Company name to "Silver Elephant Mining Corp." with a new proposed TSX ticker symbol ELEF [...]
Prophecy Development Corp. is pleased to announce that phase two drilling has started at its Pulacayo-Paca silver-zinc-lead project in Bolivia. It is a 5,000-meter program that will consist mainly of wide step-out drilling up to 1.5km west of the current 43-101 Pulacayo resource. That current Pulacayo resource covers 1.4 km in strike and represents [...]
Prophecy Development Corp. announces, further to the Bolivian Tax Claim contingency discussed in the Company's Q3 financial reports. On November 18, 2019 Prophecy received the 18-page Resolution No. 195/2018 issued by the Supreme Court of Bolivia, signed by all of its nine judges. It declares that the contentious tax claim of US$ 6,556,787 brought [...]
Prophecy Development Corp. is pleased to announce the appointment of Ms. Brigitte McArthur as Corporate Secretary of the Company. Ms. McArthur brings over 30 years' experience working with private and publicly trading companies. Previous to joining the Company, Ms. McArthur served as Corporate Secretary of Nevsun Resources Ltd. until being acquired [...]
Prophecy Development Corp. is pleased to announce that it has submitted, through its wholly owned US subsidiary Nevada Vanadium, the applications and Engineering Design Reports for the primary mining permits that govern project construction, operations and closure for its Gibellini Vanadium Project located in Eureka County, Nevada, USA to the [...]
Prophecy Development Corp. is pleased to announce the appointment of Joaquin Merino-Marquez as Company's Vice President, South American Operation, based in Bolivia effective November 1, 2019. Joaquin is a Professional Geologist with 27 years of experience in the mining industry. Prior industry affiliations include roles as Vice President [...]
Prophecy Development Corp. is pleased to announce the appointment of Ron Clayton as an independent director, effective November 4, 2019. Mr. Clayton is a seasoned executive with over 37 years of mine operating experience. He was the CEO of Tahoe Resources and led the successful construction and operation of Tahoe's flagship Escobal silver mine [...]
Prophecy Development Corp. is pleased to announce the diamond drilling results from Prophecy's 100% controlled Paca silver project in the Potosi department of Bolivia. Borehole PND 110 intersected 89 meters grading 378 g/t Ag-Equivalent starting from 9 meters downhole, including 12 meters grading 1,085 g/t Ag starting at just 16 meters downhole [...]
Prophecy Development Corp. is pleased to report that it has closed the private placement previously announced on October 7, 2019. The Placement raised gross cash proceeds of $3,900,000 for Prophecy through the issuance of 9,750,000 common shares of Prophecy, at a price of $0.40 per share. Mr. Eric Sprott, through 2176423 Ontario Ltd., a corporation [...]
Prophecy Development Corp. announces that it is undertaking a non-brokered private placement involving the issuance of 10 million Common Shares of the Company at a price of $0.40 per Share to raise aggregate gross proceeds of $4,000,000. Company management and directors will purchase 400,000 Shares of the Placement. The Shares will be subject to a [...]
Prophecy Development Corp. is pleased to announce that the Pulacayo Mining Production Contract between Prophecy and the Corporación Minera de Bolivia , a branch of the Bolivian Ministry of Mining and Metallurgy, was executed on October 3, 2019. Prophecy was notified of final government resolution approving the MPC on Sepember 27, 2019. The [...]
Prophecy Development Corp. . is pleased to announce a 5,000-meter diamond drilling at its Pulacayo Paca silver-zinc-lead deposit in Bolivia has started with first set of assay results expected in early November, 2019. Pictures of core samples are available at www.prophecydev.com. Michael Doolin, CEO of Prophecy states, "We are very excited to [...]
