Revival Gold

Prophecy Shareholders Pass All Resolutions at 2018 AGM

VANCOUVER, British Columbia--(BUSINESS WIRE)--Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce that all proposed resolutions were approved at the Company’s Annual General Meeting of shareholders held on June 20, 2018 in Vancouver, British Columbia (the “Meeting”). The number of directors was set at four and all director nominees, as listed in the Management Information Circular dated May 8, 2018 (the “Information Circular”), were elected as directors of the Company at the Meeting to serve until the next annual general meeting. According to the proxies received and shares voted in person at the Meeting, the results were as follows:

Director   Votes FOR(1)(2)   Votes WITHHELD(1)(2)  
John Lee   97.02%   2.98%  
Greg Hall   99.36%   0.64%  
Harald Batista   98.07%   1.93%  
Masa Igata   97.85%   2.15%  

Notes:
(1) There were 318,207 non-votes reported by the Scrutineer of the Meeting in respect of the above motion.
(2) The percentages reported in this news release are calculated on the votes cast in person and by proxy at the Meeting which total 799,230 with respect to the above motion.

Davidson & Company LLP, Chartered Accountants have been appointed as auditors of the Company again, for the ensuing year and the directors have been authorized to fix their remuneration.

An ordinary resolution of shareholders was approved with respect to the split of the Company’s issued and outstanding Common shares on a 1 for 10 basis, if and when determined by the Company’s Board of Directors prior to the next general meeting of shareholders, subject to the approval of the Toronto Stock Exchange.

Voting results for all resolutions noted above are reported in the Report on Voting Results as filed under the Company’s SEDAR profile on June 20, 2018.

About Prophecy

Prophecy Development Corp. is a Canadian public company listed on the Toronto Stock Exchange. Prophecy's main objective is to develop the Gibellini primary vanadium mining project in the Battle Mountain region in northeastern Nevada to production. Further information on Prophecy can be found at www.prophecydev.com.

PROPHECY DEVELOPMENT CORP.
ON BEHALF OF THE BOARD

“JOHN LEE”
Executive Chairman

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release. 

GET DAILY NEWS FLOW

Sign Up To Receive All Morning
News To Your Email Inbox

Please review our Disclaimer and Privacy Policy before subscribing.

Silver Elephant Mining

Last Trade: C$0.40
Daily Volume: 249,007
Market Cap: C$80.220M
Silver Elephant's Sunawayo Drills 3 Meters of 421g/t Silver, Multiple Intercepts over 100g/t AgEq
Silver Elephant's Greenfield Silver Discovery: Sunawayo's SWD001 Drills 137 meters of 36 g/t Silver Starting from 0 meters Depth; SWD002 Drills 31m of 67 g/t AgEq
Silver Elephant Mining Completes Acquisition of Minago Nickel Sulphide Project in Thompson Nickel Belt Manitoba, Canada
Silver Elephant Mining Closes $3,750,000 Private Placement Offering
Silver Elephant Mining Announces Private Placement Offering of Up To 10,000,000 Common Shares for Gross Proceeds of Up To $3,750,000
Silver Elephant Mining Named to 2021 OTCQX Best 50
Silver Elephant Mining New Discovery: Drill Intercept 4.0 Meters Grading 393 g/t Silver, 3.79% Lead, 0.88% Zinc (518 g/t AgEq) at Pero Target Within Pulacayo Project
Silver Elephant Mining Signs Definitive Agreement to Acquire Minago Nickel Project in Thompson Nickel Belt Manitoba, Canada
Silver Elephant Mining Commences 2,300 meter Maiden Sunawayo Drilling Program in Bolivia
Silver Elephant Mining Completes 940m Drilling Program at the Pero Target within Pulacayo Project, Assays Pending
Silver Elephant Mining Intercepts 66 Meters of Mineralization Grading 75 g/t Silver Equivalent in New Discovery Zone at Paca
Silver Elephant Mining: First El Triunfo Drill Hole Intercepts 48.9 Meter Mineralization Grading 1.45 g/t Gold Equivalent (0.42 g/t Gold, 35.5 g/t Silver, 1.17% Zinc, and 0.83% Lead) within 98.9 Meters Grading 1.04 g/t AuEq

FIRST COBALT (TSX.V: FCC)

First Cobalt

First Cobalt owns North America's only permitted cobalt refinery. Cobalt refining is a critical component to the development and manufacturing of batteries for electric vehicles and forms a foundational piece of the next generation of North American... LEARN MORE