Prophecy Resources corporate update
Prophecy Resource Corp. (TSX.V: PCY; OTC: PCYRF; Frankfurt: 3P1) reported the appointment of Rob McEwen to the Company's Advisory Board.
Prophecy Resource Corp. (TSX.V: PCY; OTC: PCYRF; Frankfurt: 3P1) reported the appointment of Rob McEwen to the Company's Advisory Board.
Red Hill Energy Ltd. (Red Hill) (TSX VENTURE:RH) and Prophecy Resource Corp., (Prophecy) (TSX VENTURE:PCY)(OTCBB:PCRYF)(FRANKFURT:3P1) reported announce that their respective Boards of Directors have unanimously approved a letter agreement dated January 20, 2009 ("LOA") in respect of a friendly transaction to combine the companies through an all share transaction. The combined company is hereinafter referred to as "new Prophecy".
Randsburg International Gold Corp. (TSX VENTURE:RGZ) announced today that it has entered into a definitive agreement with Prophecy Resource Corp. (TSX VENTURE:PCY) whereby Prophecy has been granted the option to earn an 80% interest in its Titan Vanadium-Titanium-Iron project located in Ontario, Canada.
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