Prophecy Development Appoints Mining Veteran Ron Clayton as Director
Prophecy Development Appoints Mining Veteran Ron Clayton as
Director
Vancouver, British Columbia, November 4, 2019 – Prophecy Development Corp.
(“Prophecy” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2N) is pleased to
announce the appointment of Ron Clayton as an independent director, effective November 4,
2019.
Mr. Clayton is a seasoned executive with over 37 years of mine operating experience. He was
the CEO of Tahoe Resources and led the successful construction and operation of Tahoe’s
flagship Escobal silver mine, which at its peak (2015 to 2017) produced over 20 million ounces
of s ilver annually. Tahoe was acquired by Pan American Silver Corp for US$1.07 billion in
February 2019.
Michael Doolin, Prophecy’s CEO stated: “I had great pleasure to work with Ron in the past. His
expert input will be invaluable as Prophecy advances Pulacayo silver mine from resource
expansion, mine development through to production.”
Prior to his 8-year tenure at Tahoe, Mr. Clayton was senior vice president for operations and
general manager of several underground mines for Hecla Mining Company.
Mr. Clayton earned a Bachelor of Science degree in mining engineering from the Colorado
School of Mines and is a graduate of the Tuck School of Business Executive Program at
Dartmouth College.
About Prophecy
Prophecy is developing the Pulacayo silver project in Bolivia and the Gibellini vanadium project
in Nevada. Further information on Prophecy can be found at www.prophecydev.com.
PROPHECY DEVELOPMENT CORP.
ON BEHALF OF THE BOARD
Michael Doolin
CEO
For more information about Prophecy, please contact Investor Relations:
+1.604.569.3661 ext. 101
www.prophecydev.com
Neither the Toronto Stock Exchange nor its regulation services provider (as that term is defined
in the policies of the T oronto 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 expectations 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 u ncertainties
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 Prophecy’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 these 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 for ward-
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.