Off-market insider buying at Prophecy Development (PCY)

Off-market insider buying at Prophecy Development (T:PCY)

Updated Tuesday Sep 10, 2019 03:04 AM EDT
John Lee, a Senior Officer and Director, acquired 1,350,000 Common Shares without par value on a direct ownership basis at a price of $0.200 through a private transaction on September 6th, 2019. This represents a $270,000 investment into the company's shares and an account share holdings change of 11.2%.

Michael Benjamin Jr. Doolin, CEO and Director, acquired 650,000 Common Shares without par value on a direct ownership basis at a price of $0.200 through a private transaction on September 6th, 2019. This represents a $130,000 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.


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