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Last C$0.05 CAD
Change Today 0.00 / 0.00%
Volume 255.0K
PCY On Other Exchanges
As of 3:21 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

prophecy development corp (PCY) Snapshot

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52 Week High
09/2/14 - C$0.09
52 Week Low
06/15/15 - C$0.03
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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prophecy development corp (PCY) Details

Prophecy Development Corp. primarily engages in the acquisition, exploration, and development of coal properties in Mongolia. It principally has a 100% interest in the Ulaan Ovoo coal property covering an area of approximately 790 hectares located in Selenge province, Northern Mongolia; a 100% interest in the Chandgana Tal coal property located in the Nyalga coal basin, Mongolia; and a 100% interest in the Khavtgai Uul coal property comprising approximately 1,636 hectares located in the Nyalga coal basin, Mongolia. The company also holds interest in the Okeover copper-molybdenum property located in British Columbia and Titan vanadium-titanium-iron project located in Ontario in Canada; and Pulacayo-Paca silver-lead-zinc property located in south western Bolivia. In addition, it is developing Chandgana power plant, a 600MW coal-fired project in central Mongolia. The company was formerly known as Prophecy Coal Corp. and changed its name to Prophecy Development Corp. in January 2015. Prophecy Development Corp. is headquartered in Vancouver, Canada.

95 Employees
Last Reported Date: 03/31/15

prophecy development corp (PCY) Top Compensated Officers

Executive Chairman and Chief Executive Office...
Total Annual Compensation: --
Chief Financial Officer
Total Annual Compensation: C$104.7K
Chief Geologist
Total Annual Compensation: --
General Counsel and Corporate Secretary
Total Annual Compensation: C$137.5K
Executive Director
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

prophecy development corp (PCY) Key Developments

Prophecy Development Corp. Commences First Phase of Systematic, District Exploration Program at Pulacayo Project

Prophecy Development Corp. announced that it has commenced the first phase of a systematic, district exploration program at its Pulacayo project. After carefully assessing all available mining, sampling and IP survey data, Prophecy has identified four priority target areas: El Abra, Pero, Paca North and Pacamayo to conduct detailed geological mapping, close-spaced sampling and trenching. Approximately 400 samples are expected to be taken and analyzed.

Prophecy Development Corp. Appoints Bekzod Kasimov as Vice-President, Operations

Prophecy Development Corp. announced the appointment of Bekzod Kasimov as Vice-President, Operations of the company effective immediately. Mr. Kasimov has been with the company since September 2012, working as its Business Development Manager. Now based in La Paz, Bolivia, Mr. Kasimov, as Vice-President, Operations, will assemble and manage a team to accelerate the development of the company's Pulacayo project.

Prophecy Development Corp., Annual General Meeting, Jun 24, 2015

Prophecy Development Corp., Annual General Meeting, Jun 24, 2015., at 09:00 Pacific Standard Time. Location: 2nd Floor. Agenda: To receive and consider the audited financial statements of the company for the year ended December 31, 2014, and the auditors' report thereon; to set the number of directors of the company for the ensuing year at five; to elect Directors of the company for the ensuing year; to appoint Davidson & Company LLP as auditors of the company for the ensuing year and to authorize the Directors to fix the auditors' remuneration; to consider an ordinary resolution of disinterested shareholders to approve the allotment and issuance of up to 11,476,819 Debt Settlement Units, as more particularly described in the accompanying Information Circular; to consider an ordinary resolution of shareholders to approve the adoption of a shareholder rights plan, as more particularly described in the accompanying Information Circular; and to transact such other business as may properly come before the meeting.


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