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
September 9, 2019.
ITEM 3.
NEWS RELEASE
The news release dated September 9, 2019 was disseminated through ACCESSWIRE Canada Ltd. and filed on SEDAR on September 9, 2019.
ITEM 4.
SUMMARY OF MATERIAL CHANGE
Prophecy Development Corp. announced that it has closed its previously announced non-brokered private placement. The Placement raised gross cash proceeds of $2,600,000 through the issuance of 13,000,000 common shares (the “Shares”) of Prophecy, at a price of $0.20 per Share.
ITEM 5.
FULL DESCRIPTION OF MATERIAL CHANGE
Please see the news release dated September 9, 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
September 9, 2019