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ELEF.TO ·

Prophecy Coal Announces Resignation of Director

Management Changes

Vancouver, British Columbia, July 4, 2014 – Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) announces the resignation of Mr. Chuluunbaatar Baz as a director of the Company so he may devote his time to other business matters. The Company wishes to thank Mr. Baz for the valuable and lasting contributions he has made to the Company over the years, and appreciates his dedication and service while he was with Prophecy.

About Prophecy Coal

Prophecy Coal Corp. is a Canadian company listed on the Toronto Stock Exchange engaged in developing energy projects in Mongolia. Further information on Prophecy Coal can be found at www.prophecycoal.com.

PROPHECY COAL CORP.

ON BEHALF OF THE BOARD

“JOHN LEE”

Executive Chairman

For more information about Prophecy, please contact Investor Relations:

Mirza Rahimani +1.604.563.0699 +1.888.513.6286 [email protected] www.prophecycoal.com