Prophecy Development Corp. is pleased to announce that the Company has received guidance regarding expected permitting timelines following Prophecy meeting with regulators in late April 2019. The Company estimates Q1 2020 as the target date for publication of the Notice of Intent to prepare an Environment Impact Statement in the Federal Register [...]
Prophecy Development Corp. is pleased to announce that it has submitted, through its wholly owned US subsidiary, the requisite baseline studies for its Gibellini Vanadium Project located in Eureka County, Nevada, USA to both the Bureau of Land Management and the Nevada Division of Environmental Protection . In consultation with the BLM and NDEP [...]
Prophecy Development Corp. is pleased to announce vanadium assay results from its Fall 2018 exploration reconnaissance program on its Gibellini vanadium project, located in Eureka County, Nevada, USA. The 155 assays are taken from three prospective exploration areas all within 5km to existing Gibellini vanadium NI43-101 compliant resource pit [...]
Prophecy Development Corp. announces Mongolian Ulaan Ovoo Mine start up in March and approximately 21,000 tonnes of coal production and sales. Multiple local and international consumers have expressed interest to buy Ulaan Ovoo coal; Prophecy is pleased with the rate of progress and plans to report quarterly sales and operational update. Pictures [...]
Prophecy Development Corp. is pleased to announce the appointment of Michael Doolin as the Company's Chief Operating Officer and interim Chief Executive Officer, effective April 1, 2019. In this role, Mr. Doolin will manage Prophecy's worldwide operations while collaborating with Prophecy's executive chairman John Lee on investor marketing [...]
Prophecy Development Corp. today announced that Gerald Panneton has resigned as the President & Chief Executive Officer and as a director of the Company effective February 15, 2019. The Company thanks Gerald for his service and wishes him the best in his future endeavours. John Lee, Chairman and former Chief Executive Officer of the Company, has [...]
Prophecy Development Corp. announces that it has retained Amec Foster Wheeler E&C Services Inc. to undertake updating of the mineral resource and mining section for the Company's upcoming Feasibility Study to be completed to the standards of National Instrument 43-101 for its Gibellini vanadium project located in Nevada, USA. The FS is anticipated [...]
Prophecy Development Corp. is pleased to provide a project update for its Gibellini vanadium project, located in Eureka County, Nevada, USA. The Company's objective for 2019 is to continue advancing its flagship vanadium project towards development and production. Gibellini is the most advanced primary vanadium deposit in the United States, with a [...]
Prophecy Development Corp. is pleased to announce that since October 31, 2018, it has received additional gross aggregate proceeds of $1,338,168 from the exercise of 3,445,420 previously outstanding warrants . This is in addition to the previously announced bought deal prospectus offering of $5.52 million per the Company's news release of November [...]
Financialnewsmedia.com News Commentary Vanadium has been on a run as one of the more valuable metals as evidence of its potency and utility in the energy efficient battery market becomes increasingly more obvious as well as growing demand due to a number of factors currently existing in the global economic climate. What used to be one of the [...]
Not for Distribution to U.S. News Wire Services or Dissemination in the United States Prophecy Development Corp. is pleased to announce that it has closed its previously announced bought deal financing for aggregate gross proceeds of C$5,520,000 . BMO Capital Markets purchased, on a bought deal basis, 12,000,000 common shares of the Company at a [...]
Not for distribution to U.S. news wire services or dissemination in the United States Prophecy Development Corp. announced today that it has entered into an agreement with BMO Capital Markets , under which BMO has agreed to buy on a bought deal basis 12,000,000 common shares of the Company , at a price of $0.46 per Common Share for gross proceeds [...]