Prophecy Resource and Pacific Coast Nickel are pleased to announce that further to their announcement on April 4, 2011, both Companies have each set a shareholder meeting date of May 31, 2011 to approve the sale of Prophecy's Wellgreen PGM Ni-Cu and Lynn Lake Nickel projects to PCNC. The sale of the Projects will be implemented by way of a plan of arrangement under the Business Corporations Act (British Columbia) (the [...]
Pacific Coast Nickel is pleased to announce that it has entered into a Binding Agreement to acquire a 100% interest in the Burwash Property from Strategic Metals. The Burwash Property is located immediately east of Prophecy Resource Wellgreen project, known to host extensive nickel-copper-platinum group metal (PGM) mineralization. The Burwash Property is accessible by an 8km all weather road connected to the Alaska [...]
Prophecy Resource and Pacific Coast Nickel, and collectively with Prophecy, the are pleased to announce that further to their announcements on January 18, 2011 and February 17, 2011, they have signed the definitive arrangement agreement to sell Prophecy's Wellgreen PGM Ni-Cu and Lynn Lake Nickel projects to PCNC.
Pursuant to the Arrangement Agreement, the transaction will be implemented by way of a plan of arrangement [...]
Prophecy Resource and Pacific Coast Nickel are pleased to announce that PCNC will resume trading at market open on March 2. On February 17, Pacific Coast Nickel Corp. and Prophecy Resource Corp. entered into an amending agreement in respect of the binding letter of agreement dated January 17, 2011 whereby PCNC will acquire Prophecy's Nickel PGM projects by issuing 450 million common shares to Prophecy. The Amending [...]