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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Prophecy Platinum provides additional information in relation to the results announced on June 18, 2012 from the independent NI 43-101 compliant Preliminary Economic Assessment prepared by Tetra Tech Wardrop, for its 100% owned Wellgreen Ni-Cu-PGM project, located in the Yukon. In line with pricing assumptions used by comparable issuers, the [...]
Prophecy Platinum is pleased to announce that the acquisition of Ursa by Prophecy was completed on July 16, 2012. The last day of trading of the common shares of Ursa on the TSX will be July 18, 2012. Following the transaction, Prophecy will have a total of approximately 58,705,461 common shares issued and outstanding, as well as options and [...]
S&P Dow Jones Indices Canadian Index Operations announces the following index changes as a result of the quarterly S&P/TSX Preferred Share Index and S&P/TSX Venture Select Index Reviews. These changes will be effective at the open on Monday, July 23, 2012S&P/TSX Preferred Share Index ADDITIONSSymbolIssue NameCUSIPCU.PR.DCanadian Utilities Limited [...]
Prophecy Platinum is pleased to announce further results of its 2012 underground drill program on the Company's 100% owned Wellgreen PGM-Ni-Cu Project, located in the Yukon Territory, Canada. WU12-528, WU12-529 and WU12-536 intercepted mineralized widths ranging from 46.8 metres (WU12-536) and up to 191.1 metres (WU12-528) with composited grades in [...]
