Download as PDF Vancouver, British Columbia, June 21, 2022 – Silver Elephant Mining Corp. (“Silver Elephant” or the “Company”) (TSX:ELEF, OTCQX:SILEF, Frankfurt:1P2N) that its wholly-owned subsidiary, Mega Thermal Coal Corp. (“Mega Coal”), is preparing to commence Mongolia coal production at its Ulaan Ovoo project in Q4 2022. Mega Coal is commissioning Ulaan Ovoo in collaboration with its Mongolian partner, who owns and operates a mining fleet at Ulaan Ovoo that is able […]
Download as PDF Vancouver, British Columbia, April 4, 2022 – Silver Elephant Mining Corp. (“Silver Elephant”) (TSX:ELEF, OTCQX:SILEF, Frankfurt:1P2N) and Battery Metals Royalties Corp. (“Battery”) announce that they have entered into a binding letter of intent (the “LOI”) pursuant to which Battery proposes to acquire a 45% equity interest of Silver Elephant’s wholly owned Mega Thermal Coal Corp. (formerly Asia Mining Inc.) (“Mega Coal”), which owns and operates the Ulaan Ovoo and Chandgana thermal coal mines in Mongolia […]
Download as PDF Vancouver, British Columbia, March 18, 2020 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce that it has changed its name to Silver Elephant Mining Corp. Effective at the start of trading on March 19, 2020, Silver Elephant Mining Corp. will commence trading on the Toronto Stock Exchange under the new symbol “ELEF”. The Company has made application with FINRA in the US […]
Download as PDF Vancouver, British Columbia, March 17, 2020 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to report that all proposed resolutions were approved at the Company’s Special Meeting of shareholders held on March 16, 2020, in Vancouver, British Columbia (the “Meeting”). Voting Results were as follows: MATTERS VOTED UPON VOTING RESULTS 1. Ratification of Previously Granted Stock Options Votes in Favour 9,926,518 (67.45%) Votes Against […]
Download as PDF Vancouver, British Columbia, September 24, 2019 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt:1P2N) announces, further to its news release dated August 19, 2019, the successful completion of its internal reorganization. Prophecy is now the parent company of the following direct subsidiaries: Silver Elephant Mining Corp. (BC, Canada): Silver Elephant through its Bolivian subsidiaries, focuses on developing Prophecy’s 100% controlled Pulacayo Paca silver mining […]
Download as PDF Vancouver, British Columbia, July 9, 2019 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) announces that the Company’s Mongolian Ulaan Ovoo mine achieved record monthly coal production of 37,800 tonnes in June of this year. Ulaan Ovoo mine was commissioned in March 2019, however the operation was stopped in April and May due to the late approval of 2019 environmental plan; this approval has been issued […]
Download as PDF Vancouver, British Columbia, March 18, 2019 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) 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 and video are […]
Download as PDF Vancouver, British Columbia, March 7, 2019 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) 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, fundraising and the Company’s overall strategic direction. […]
Download as PDF NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, B.C. (November 22, 2018) – Prophecy Development Corp. (“Prophecy” or the “Company”) is pleased to announce that it has closed its previously announced bought deal financing for aggregate gross proceeds of C$5,520,000 (the “Offering”). BMO Nesbitt Burns Inc. (the “Underwriter”) purchased, on a bought deal basis, 12,000,000 common shares of the Company (the “Common […]
Download as PDF Vancouver, British Columbia, October 16, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce that the Company has executed a lease agreement (the “Lease”) with an arms-length private Mongolian company (the “Lessee”) whereby the Lessee plans to perform mining operations at Prophecy’s Ulaan Ovoo coal mine, and will pay Prophecy US$2 (the “Production Royalty”) for every tonne of coal shipped from the […]
Download as PDF Vancouver, British Columbia August 19, 2015 – Prophecy Development Corp. (“Prophecy”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce further to its press release dated March 16, 2015, the following updates on its projects in Mongolia: Chandgana Mine Mouth Power Plant Project Background: Prophecy Power Generation LLC (“PPG”), a wholly-owned subsidiary of Prophecy, is developing the Chandgana coal-fired power plant project (“Chandgana Power Plant”) which includes the construction of a […]