Exhibit 99.1
BC FORM 51-102F3
MATERIAL CHANGE REPORT
UNDER SUBSECTION 7.1(1) OF NATIONAL INSTRUMENT 51-102
ITEM 1.
NAME AND ADDRESS OF COMPANY
Prophecy Development Corp.
Suite 1610 – 409 Granville Street
Vancouver, BC V6C 1T2
ITEM 2.
DATE OF MATERIAL CHANGE
November 22, 2018
ITEM 3.
NEWS RELEASE
The news release dated November 22, 2018 was disseminated through ACCESSWIRE Canada Ltd. and filed on SEDAR on November 22, 2018.
ITEM 4.
SUMMARY OF MATERIAL CHANGE
Prophecy Development Corp. announced that it has closed its previously announced bought deal financing for aggregate gross proceeds of C$5,520,000. BMO Capital Markets purchased, on a bought deal basis, 12,000,000 common shares of the Company (the “Common Shares”) at a price of C$0.46 per Common Share.
ITEM 5.
FULL DESCRIPTION OF MATERIAL CHANGE
Please see the news release dated November 22, 2018, which is available for review under the Company’s SEDAR profile at www.SEDAR.com.
ITEM 6.
RELIANCE ON SUBSECTION 7.1(2) OR 7.1(3) OF NATIONAL INSTRUMENT 51-102
Not applicable.
ITEM 7.
OMITTED INFORMATION
None.
ITEM 8.
SENIOR OFFICER
Contact:
Tony Wong, Corporate Secretary
Telephone:
(604) 569-3661
Email:
twong@prophecydev.com
ITEM 9.
DATE OF REPORT
November 22, 2018