Prophecy to Greet Investors at 2017 PDAC Bolivian and Mongolian Forums in Toronto March 5 to 8
Prophecy to Greet Investors at 2017 PDAC Bolivian and
Mongolian Forums in Toronto March 5 to 8
Vancouver, British Columbia, March 1, 2017 – Prophecy Development Corp. (“Prophecy” or the
“Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) is pleased to invite shareholders and
investors to the following presentations and receptions to be held at the Metro Toronto Convention
Center:
Sunday, March 5, 2017 2:00pm to 7:30pm
Mongolia: For stability, unlocking the potential
Location: Room 206D
http://www.pdac.ca/convention/programming/presentation-reception-rooms/sessions/presentation-
reception-rooms/mongolia-for-stability-unlocking-the-potential
"Organized by Mongolia’s Ministry of Mining and Heavy Industry, in partnership with Mongolian and
foreign invested exploration and mining companies, the event will focus on: Mongolia’s investment
climate and specific actions to strengthen it; Mongolia’s untapped exploration potential; and exciting
Mongolian discoveries, projects and investment opportunities."
Tuesday, March 7, 2017 8:00am to 12:00pm
Bolivia is a country of great mining tradition
Location: Room 205D
http://www.pdac.ca/convention/programming/presentation-reception-rooms/sessions/presentation-
reception-rooms/bolivia-is-a-country-of-great-mining-tradition
"Organizer: Ministry of Mining and Metallurgy of Bolivia, Public Companies and Private Companies
Bolivia has important mineralogical reservoirs to be explored, transformed and industrialized with minerals
like zinc, silver, lead, tin, gold, semi-precious and precious stones as well as lithium and iron deposits
ranking among the first in the world. We are a country making progress, with a steady growth economy,
generating ample opportunities for investment, offering security and juridical stability. The Bolivian
presentation will be attended by the Minister of Mining and Metallurgy, the highest authority of the mining
and metallurgy sector, who will present a wide outlook of the economy and mining in Bolivia, investment
opportunities in mining projects and the current regulatory framework for foreign investors, accompanied
by technical expositions of public institutions on the potential of the different mining projects in the
country. Private companies will present their experience in the development of successful mining
activities in Bolivia and its perspectives."
Tuesday, March 7, 2017 5pm to 7pm
Prophecy Happy Hour Reception
RSVP [email protected] for location
During the above session, you can meet one-on-one with Prophecy management and get real-time
updates on Prophecy's projects in Bolivia (Silver, Zinc and Lead), Mongolia (Coal and Power), and
Canada (Vanadium and Titanium).
Further to the Company’s news release dated December 28, 2016, Prophecy is pleased to announce that
it has successfully delivered on schedule, a total of 16,000 tonnes of coal from the Company’s existing
Ulaan Ovoo coal stockpiles in Mongolia to Erdenet Mining Corporation (for 10,000 tonnes) and Selenge
Energo Heat Plant (for 6,000 tonnes). Coal sales and deliveries continue weekly to smaller regional heat
plants and are expected to conclude at the end of March.
In addition, the Company continues its preparations for mining at Pulacayo and Paca, with Q2 2017 as
the target production start date. The work will include detailed mine plans, staffing, a concentrate off-take
agreement, a toll milling agreement, equipment leasing, and project financing. A positive production
decision would not be based on a feasibility study of mineral reserves demonstrating economic and
technical viability so would carry increased uncertainty and the risk of failure.
About Prophecy
Prophecy Development Corp. is a Canadia n public company listed on the Toronto Stock Exchange that is
engaged in developing mining and energy projects in Mongolia , Bolivia and Canada. 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 accurac y 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 Pro phecy’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 achievem ents 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 expe ctations 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 fa ctors 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.