VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/16/13 -- Prophecy Coal Corp. ("Prophecy") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to provide the following update regarding its Chandgana coal mine-mouth power plant project (the "Power Project"), located in central Mongolia.
As previously announced by Prophecy, all major permits required for the construction of the Power Plant have been received and [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/16/13 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) announced that it has closed the first tranche of the non-brokered private placement (the "Private Placement") announced on February 7, 2013. The first tranche of the Private Placement raised gross proceeds of $613,560 through the issuance of 4,382,571 units (each a [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/05/13 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce that Prophecy Power Generation LLC, a wholly owned private Mongolian subsidiary of Prophecy Coal Corp., has been granted 532.4 hectares of land to be used for Prophecy's proposed Chandgana Power Plant Construction (the "Land Use Rights"). The Land [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/01/13 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) announces further to the news release dated November 15th, 2012, the Company continues the discussion with Tethys and its representatives regarding the purchase of Tulgalgatai coal licenses (the "Licenses").
Pursuant to the credit agreement (the "Credit Agreement [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/07/13 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) announces that it is undertaking a non-brokered private placement to raise gross proceeds of up to Can. $8,400,000 (the "Placement").
The Placement involves the issuance of up to 60,000,000 units (each a "Unit") at a price of $0.14 per Unit. Each Unit consists of one [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/06/13 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce that it has received indicative terms and conditions issued by a major international bank, (the "Potential Lender"), for a proposed loan (the "Loan") in favour of Prophecy Coal Corp. ("Borrower") for the purpose of funding the development and [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/25/13 -- Prophecy Coal Corp. ("Prophecy Coal" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce that Mr. John Lee has transitioned from his role as Chief Executive Officer ("CEO") of the Company to Executive Chairman of the Board of Directors (the "Board") of the Company.
The Board has determined that the Company has reached a critical [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/05/12 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce that, further to the Company's news release dated November 2, 2012, the Company has filed with the applicable securities regulatory authorities in Canada a technical report entitled "Technical Report, Coal Resources and Preliminary Economic [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/15/12 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce the appointment of Bailiikhuu Dambachultem as Country Adviser, Damdindjav Davaajav as a Project Manager and Bekzod Kasimov as Business Development Manager.
Bailiikhuu Dambachultem - Country Adviser
Mr. Bailiikhuu has over 29 years of privatization [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/14/12 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce that it has entered into a Memorandum of Understanding (the "MOU") with one of the world's largest power generation groups with installed capacity of over 100 gigawatts and annual power generation of over 450,000 gigawatt hours (the "Strategic [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/05/12 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce the appointment of Jeffrey Mason as Chief Financial Officer.
Jeffrey Mason is a Chartered Accountant with over twenty years' experience in financial reporting and has worked with various medium and large publicly-traded mining companies in the area [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/02/12 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce that it has received the NI 43-101 compliant Preliminary Economic Assessment (PEA) on its Chandgana Tal coal mining licenses in central Mongolia. The PEA examines the economics of coal production from the mining licenses and excludes the Chandgana [...]
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