Prophecy’s Form 20-F Filing Declared Effective by SEC
Prophecy’s Form 20-F Filing Declared Effective by SEC
Vancouver, British Columbia, October 4, 2018 – Prophecy Development Corp.
(“Prophecy” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt:1P2N) announces
that its Form 20-F registration statement, voluntary filed with the United States Securities and
Exchange Commission (the "SEC"), has been declared effective. Registering with the SEC
is a prerequisite for listing equity securities on a national stock exchange in the United States.
Prophecy is subject to the reporting requirements of the United States Securities Exchange
Act of 1934, as ame nded, and as a result will file annual reports and other information with
the SEC. The Form 20-F filing provides investors with detailed information about Prophecy’s
operations, including an overview of the business strategies, risk factors and financial
statements.
The Form 20-F is available for download, either from the Investor section of the Company’s
website at www.prophecydev.com or from the SEC website at www.sec.gov.
About Prophecy
Prophecy is developing the Gibellini project – the only large-scale, open-pit, heap-leach
vanadium project of its kind in North America. Located in Nevada, Gibellini has the largest
NI 43-101 compliant measured and indicated primary vanadium resource known in the USA
and is currently undergoing EPCM and EIS preparation. Further information on Prophecy can
be found at www.prophecydev.com.
PROPHECY DEVELOPMENT CORP.
ON BEHALF OF THE BOARD
“JOHN LEE”
Executive Chairman
For more information about Prophecy, please contact Investor Relations:
+1.888.513.6286
www.prophecydev.com
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.
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this news release, including statements which may contain
words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, or similar
expressions, and statements related to matters which are not historical facts, are forward -
looking information within the meaning of applicable securities laws. Such forward -looking
statements, which reflect management’s expectatio ns regarding Prophecy’s future growth,
results of operations, performance, business prospects and opportunities, are based on
certain factors and assumptions and involve known and unknown risks and uncertainties
which may cause the actual results, performance, or achievements to be materially different
from future results, performance, or achievements expressed or implied by such forward -
looking statements.
These factors should be considered carefully, and readers should not place undue reliance
on the Pro phecy’s forward -looking statements. Prophecy believes that the expectations
reflected in the forward-looking statements contained in this news release and the documents
incorporated by reference herein are reasonable, but no assurance can be given that the se
expectations will prove to be correct. In addition, although Prophecy has attempted to identify
important factors that could cause actual actions, events or results to differ materially from
those described in forward looking statements, there may be other factors that cause actions,
events or results not to be as anticipated, estimated or intended. Prophecy undertakes no
obligation to release publicly any future revisions to forward -looking statements to reflect
events or circumstances after the date of this news or to reflect the occurrence of
unanticipated events, except as expressly required by law.