Multiple buying at Prophecy Development (PCY)

Multiple buying at Prophecy Development (T:PCY)

Masateru Igata, a Director, acquired 250,000 Common Shares without par value on an indirect ownership basis for registered holder Sophir Asia Limited at a price of $0.460 through a prospectus or prospectus exempt offering on November 22nd, 2018. This represents a $115,000 investment into the company's shares and an account share holdings change of 28.4%.

On the same terms, John Lee, a Senior Officer and Director, acquired 200,000 Common Shares without par value on a direct ownership basis. This represents a $92,000 investment into the company's shares and an account share holdings change of 1.5%. Gerald Panneton, CEO and Director, also acquired 200,000 Common Shares without par value on a direct ownership basis. This represents an account share holdings change of 16.4%. Finally, Louis Dionne, a Director, acquired 50,000 Common Shares without par value on a direct ownership basis. This represents a $23,000 investment into the company's shares and an account share holdings change of greater than 100%.

Prophecy Development is in the Uranium Sub Industry Group under the Energy Sector.

Prophecy Development Corp, formerly Prophecy Coal Corp, is a Canada-based company that is mainly engaged in the acquisition, exploration and development of mineral and energy projects. The Company's main objective is to develop the Gibellini primary vanadium mining project in the Battle Mountain region in northeastern Nevada to production. The Company owns interest in the following projects: vanadium projects located in North America including the Gibellini vanadium project which is comprised of the Gibellini and Louie Hill vanadium deposits and associated claims located in the State of Nevada, the United States and the Titan vanadium-titanium-iron project comprised of the Titan vanadium-titanium-iron deposit and related claims located in the Province of Ontario, Canada; the Pulacayo Paca silver-lead-zinc property which is comprised of the Pulacayo and Paca silver-lead-zinc deposits and related concessions located in Bolivia, as well as other projects. Prophecy Development Corp. (PCY) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to regulatory filings yesterday, four insiders have invested a total amount of $322,000.