Prophecy Shareholders Pass All Resolutions at 2018 AGM
Prophecy Shareholders Pass All Resolutions at 2018 AGM
Vancouver, British Columbia, June 20, 2018 – 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, 201 8 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 & Com pany LLP, Cha rtered 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
2
“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 Stoc k Exchange) accepts responsibility for the adequacy
or accuracy of this release.
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