| Press Release |
September 2, 2010
Prophecy Secures $10 Million Loan to Advance Ulaan Ovoo Coal Mine, Mongolia
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August 26, 2010
Prophecy provides update on Ulaan Ovoo Mine preparation, Mongolia
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August 20, 2010
Prophecy Appoints Mr. Paul Venter to its Board of Directors
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August 16, 2010
Prophecy Reports Measured 524.3 Mt and Indicated 545.7 Mt Coal Resources at Chandgana Khavtgai, Mongolia (Drill Map Included)
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August 12, 2010
Prophecy Resource to Loan Northern Platinum $50,000
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July 21, 2010
Prophecy Resource Corp. Lists on OTCQX Market in the USA and Xetra in Germany
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July 16, 2010
Prophecy and Northern Platinum Ltd. Sign Definitive Agreement, Northern Shareholder Meeting Set For September 3
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July 7, 2010
Prophecy Detects Strong IP Anomaly At Its Disco Nickel-Copper-Cobalt Deposit, In Lynn Lake, Manitoba (diagrams included)
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Past news
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Management
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John Lee CEO and Co-Chairman
Arnold Armstrong Co-Chairman
Mark Lotz Chief Financial Officer
Scott Parsons VP of Corporate Development
Cliff Starke VP of Marketing
Mel Klohn P.Geo Director
Stuart W. Rogers Director
Paul Venter Director
Greg Hall Director
Paul McKenzie Director
Rob McEwen Advisor
Harald Batista Advisor
Dr. George Gale Advisor
Dr. John M. Morganti P.Geo Advisor
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John Lee, CEO and Co-Chairman
Since 2001 John Lee has been a mining analyst and accredited investor in the resource sector. In 2004 John founded Mau Capital Management and has researched hundreds of mining companies and personally met with dozens of management teams.
Possessing degrees in economics and engineering from Rice University Mr. Lee is a CFA holder and sought after speaker at major resource conferences, including Mines and Money, China Mining, Terrapinn, and Cambridge House. John has gained invaluable insights by living in three continents and making frequent globe-spanning site visits and also shares his thoughts and analysis on various online news websites such as Kitco.com.
Arnold Armstrong, Co-Chairman
Mr. Armstrong is an accomplished Canadian businessman and the former Chairman of
and CEO of SKN Resources (now Silvercorp Metals Inc. SVM- NYSE). He is the founder
and remains a partner in Armstrong Simpson, a successful Canadian law firm. Mr.
Armstrong has extensive experiences in areas of corporate finance, mergers and
acquisitions and has a long history of success in the mining industry.
Mark Lotz, Chief Financial Officer
Mr. Mark Lotz is a Chartered Accountant with the Institute of Chartered Accountants of B.C. He is an experienced business leader in the Canadian financial sector, most recently he acted as both President and CEO of Gateway Securities Inc.
Mr. Lotz has sixteen years experience in senior finance and administration positions in addition to public accounting experience beginning with Coopers & Lybrand (now Pricewaterhouse Coopers). He served as Chief Financial Officer with Golden Capital Securities and as an examiner for the Vancouver Stock Exchange. His experiences with publicly traded corporations include positions with Tan Range Exploration Ltd. (now Tanzanian Royalty Exploration Corporation), Platinum Group Metals Ltd., and Derek Oil and Gas Ltd.
Scott Parsons, VP of Corporate Development
Mr. Parsons came to the public sector after a 20 year successful marketing and corporate development career in the private and government sectors. His experience includes extensive public relations, marketing, branding, and the development of corporate strategies for emerging and established companies. For the last several years, Mr. Parsons has assumed the role of VP of Corporate Development for Prophecy Resource Corp. and International Enexco, two Canadian-based junior exploration companies.
Cliff Starke, VP of Marketing
Mr. Cliff Starke has an extensive background in sales and marketing that includes positions with both Blackmont Capital Inc. (now Macquarie Private Wealth) and Dundee Wealth Inc. of Toronto. Since 2007 Mr. Starke has brokered significant financings for a number of both public and private mining and energy companies some of which he Mr. Starke retains personal investments in.
Mel Klohn, P.Geo Director
Mr. Klohn's Work experience includes 10 years as Project Manager and Exploration Vice President for Yamana Gold Inc. and 25 years for Exxon. At Exxon,he worked worked in a variety of positions including Senior Research Specialist, Senior Staff Geologist and Senior Exploration Geologist, with exploration activities directed toward a variety of commodities including coal, petroleum, uranium, gold and polymetallic minerals, and he was responsible for that company's last successful coal exploration venture prior to the divestiture of its coal interests beginning in the late-1980s.
Stuart W. Rogers, Director
Stuart W. Rogers has been involved in the public venture capital markets since 1987, and has served as a director of client companies listed on the TSX Venture Exchange, the Toronto Stock Exchange, NASDAQ Small Cap and NASD OTC Bulletin Board. Currently, Mr. Rogers serves as the President of MAX Resource Corp. , which is listed on the TSX Venture Exchange, OTC BB and Frankfurt Exchange
Paul Venter, Director
Mr. Venter is an industry recognized and seasoned professional with over 30 years experience in the mining-, power generating-, and transport industry. In 2006 he extended his focus to expand the business of a major strategic player in the coal and power generating industry in Russia, China and Mongolia. Mr. Venter holds a MDP (Mining) and various commercial qualifications, he was accepted as a member of the IRT (SA) in 1983.
Greg Hall, Director
Mr. Hall is an independent business advisor to the mining industry. For over 30 years, Mr. Hall has focused on significant international exploration, development, and mining ventures, and all aspects of their structuring and finance. He is a director of Silvercorp Metals Inc (NYSE: SVM, TSX: SVM), China's largest primary silver producer and the lowest cost silver producer among its industry peers. His
previous positions include: Director at Haywood Securities Inc.; Vice-President,
Canaccord Capital Corporation; and Senior Vice-President of Leede Financial
Markets Inc. He is a graduate of the Rotman School of Management,
University of Toronto, SME Enterprise Board Program, and a Member of
the Institute of Corporate Directors.
Paul McKenzie, Director
Mr. McKenzie has over 20 years experience working in international equities markets. His experiences include acquiring, selling, financing and developing multiple international mineral and energy projects in North America, South America and Asia. In his career he has acted as Director, Vice President and President of several resource companies. Mr. McKenzie also previously worked as a licensed equity trader at Brink Hudson Lefever in Vancouver, British Columbia.
Rob McEwen, Advisor
Mr. McEwen is a leading Canadian mining industry entrepreneur. He is the Chairman and CEO of US Gold Corp (NYSE.A UXG, TSX UXG) and Minera Andes Inc. (TSX: MAI). Mr. McEwen was the founder and former Chairman and CEO of Goldcorp Inc., where it's Red Lake Mine in northwestern Ontario, Canada is still considered to be the richest gold mine in the world. During his tenure at Goldcorp, Mr. McEwen transformed the company from a collection of small companies into a mining powerhouse, growing its market capitalization from US $50 million to approximately $8 billion. More importantly, the shares of the company produced a compounded annual growth rate of 32%. Mr. McEwen is a recipient of the Order of Canada, Canada's highest civilian honor and a philanthropist concentrating his efforts at the McEwen Center for Regenerative Medicine, a leading centre for stem cell biology and regenerative medicine.
Harald Batista, Advisor
Mr. Batista is an accomplished entrepreneur with over 2 decades of sales and marketing experience. He holds an MBA degree from Santa Clara University in California and is a member of the prominent Batista family in Brazil that includes Eliezer Batista, the founder of Vale do Rio Doce Company (now Vale Inco) and Eike Batista, the founder of EBX Group. EBX Group focuses on investment opportunities in infrastructure and natural resources, sectors in which Brazil presents important competitive differentials. These investments are focused on MMX (mining), MPX (energy), LLX (logistics), OGX (oil and gas) and OSX (oil services). MMX, OGX, MPX and LLX are listed on Brazil's Novo Mercado - at the Sao Paulo Stock Exchange (BOVESPA). The combined market capitalization of EBX Group companies exceeds US $150 billion.
Dr. George Gale, Advisor
Dr. George Gale has been a mineral deposit geologist for more than 40 years. Currently a director of VMS Ventures Inc. (TSX-V: VMS), he led the exploration activities that resulted in their discovery of the high-grade Manitoba Reed Lake VMS deposit in 2007.
Dr. Gale was the head of the Mineral Deposits Section of the Manitoba Geological Survey from 1977 to 1999. He will advise Prophecy's exploration activities based on his extensive geological expertise in Manitoba.
Dr. John M. Morganti P.Geo, Advisor
John Morganti is President of Morganti Advisers Inc., a company that specializes in advising mining and exploration companies on strategy, evaluation, investor relations and exploration issues that are critical to rational corporate growth. Dr. Morganti currently advises a number of exploration, development and mining companies.
Over the past 35 years Dr. Morganti has held senior positions Teck, Placer Dome and Silver King Mines, as well as David Lowell Consultants and other consulting firms. Dr. Morganti worked in both exploration management and corporate development with Teck in addition to previously being Vice President, Gold and Vice President, Evaluations with Teck. At Placer he was Exploration Manager, Canada and subsequently Vice-President International Exploration. Additionally he worked in Placer's Engineering Department on evaluations, feasibilities and construction. Dr. Morganti has been a Director of several mining companies operating in numerous jurisdictions including Canada, Australia, Peru, Spain, Russia and U.S.
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