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
August 26, 2019
ITEM 3.
NEWS RELEASE
The news release dated August 26, 2019 was disseminated through ACCESSWIRE Canada Ltd. and filed on SEDAR on August 26, 2019.
ITEM 4.
SUMMARY OF MATERIAL CHANGE
Prophecy Development Corp. announced that it is undertaking a non-brokered private placement involving the issuance of up to 13,000,000 Common Shares (the”Shares”) at a price of $0.20 per Share.
ITEM 5.
FULL DESCRIPTION OF MATERIAL CHANGE
Please see the news release dated August 26, 2019, 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:
Rocio Echegaray, Corporate Secretary
Telephone:
(604) 569-3661
Email:
rechegaray@prophecydev.com
ITEM 9.
DATE OF REPORT
August 26, 2019