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Prophecy Platinum Corp.
Miscellaneous Metal Ores Not Elsewhere Classified Canada
TSX Venture Exchange: NKL | OTC Bulletin Board: PNIKF
Company Description
Prophecy Platinum Corp. is a growth-focused PGM exploration company with projects in the Yukon Territory, Ontario and Manitoba, Canada. The Company’s 100% owned Wellgreen PGM-Cu-Ni project, located in the Yukon, is one of the world's largest PGM deposits and one of few significant PGM deposits outside of South Africa or Russia. The Company’s Shakespeare PGM-Cu-Ni project is a fully-permitted, production-ready mine located in the Sudbury mine district of Ontario, and its Lynn Lake project is a former operating mine located in Manitoba, Canada. The Company’s experienced management team has a track record of successful large scale project discovery, development, operations and financing combined with an entrepreneurial and collaborative approach to working with First Nations and communities. The Company’s shares are listed on the TSX-Venture exchange under the symbol “NKL” and on the US OTC-QX market under the symbol “PNIKF”.
Featured Media
Ellis Martin Report with Prophecy Platinums Greg Johnson
Ellis Martin interviews Prophecy Platinum's (TSX-V:NKL)(OTCQX:PNIKF) President and CEO's Greg Johnson. . Mr. Johnson has a long history in the mining sector beginning with Placer Dome now Barrick Gold. He was a co-founder of widely successful Novagold and most recently helmed South American Silver. The Ellis Martin Report is sponsored in part by Prophecy Platinum trading on the TSX Venture Exchange as NKL.V and on the OTCQX as PNIKF. Prophecy's 100% owned open pitible Wellgreen property is one of the world's largest undeveloped nickel-sulphide projects with a very unique platinum and palladium 7 million ounce resource that creates very compelling economics. Conveniently located in Canada's mining-friendly Yukon Territory - ranked in the top ten in the Fraser Institute's 2011/2012 Survey of Mining Companies-Wellgreen is just 9 miles by all-weather road from the Alaska Highway leading to Alaska's Haines deep sea port and the Far East markets beyond. Platinum and Palladium are key components in catalytic converters and as automobile production continues to grow worldwide, especially in countries such as Brazil, India and China, ...the demand for these key metals shall continue to increase. As geo-politically sensitive traditional mining areas in Southern Africa become expensive and difficult to do business in, Prophecy Platinum remains a potentially attractive investment opportunity.
Executives
- Greg Johnson, President and Chief Executive Officer
- Appointed to Prophecy Platinum November 2012, Greg Johnson has over twenty-five years of experience in the exploration and development of large scale projects in the mining industry and, through his global network of contacts, has been involved in raising over $650 million in project financing. Previously President and CEO at South American Silver, he led the significant advancement and expansion of two development stage projects– a period in which the Company’s market capitalization increased from $20 million to a peak of $350 million. A co-founder and executive at NovaGold Resources, Mr. Johnson was a key member of the executive team that led NovaGold from a $50-million market capitalization to more than $2-billion and oversaw the expansion of the company’s resource base to over 30 million ounces of gold. Over his 12 years with NovaGold, Mr. Johnson played a prominent role in the acquisition and advancement of three world-class deposits, including the completion of three feasibility studies. Mr. Johnson began his career with Placer Dome Inc. (now Barrick Gold), where he held various senior roles in domestic and international exploration in projects from early discovery stage to feasibility and operations in Alaska, Canada, Africa, Australia and Russia. He holds an honors degree in Geology from Western Washington University.
- John Sagman P.Eng, Senior Vice President and COO
- Appointed to Prophecy Platinum November 2012, John Sagman holds a degree in Mining and Mineral Process Engineering from the University of British Columbia and has over thirty years of mining experience including the design, development, commissioning and management of both open pit and underground mining projects. Mr. Sagman formerly held the position of Vice President of Technical Services with Capstone Mining Corp. where he oversaw reserve estimates, prefeasibility studies, mining methods, equipment selection and drove the ongoing improvement of technical processes. John lead Phase V of Prefeasibility studies at the Minto copper-gold mine; an open pit mine that produced 37 million pounds of copper in 2011 and is located approximately 150km from Prophecy's Wellgreen deposit. Mr. Sagman has an extensive background of related project management success with major mining operations, including Vale's Totten Ni-Cu-PGM mine as well as Xstrata Nickel's Craig, Fraser, Lockerby, Strathcona and SMRQ Raglan projects. Mr. Sagman received his Project Management Professional designation in 2010 and is licensed with the Association of Professional Engineers and Geoscientists of British Columbia.
- Jeffrey Mason, CA, CFO
- Jeffrey Mason is a Chartered Accountant with over 25 years’ experience in financial reporting. He has expertise in accounting, M&A, corporate finance and regulatory reporting, including 15 years with Hunter Dickinson Inc. (HDI) as Corporate Secretary, CFO and Director for numerous public mining companies. As CFO of Taseko Mines Ltd., he was instrumental in the acquisition of the Gibraltar Cu-Mo mine and bringing it from dormant into the 2nd largest open pit Cu mine in Canada. He negotiated the purchase of the Xietongmen Cu-Au Project on behalf of Continental Minerals Corp. and set up a JV arrangement with Jinchuan Mining Group. Mr. Mason remains an active Director of a number of publicly-traded mining and exploration companies, including as a member of Audit and Compensation Committees.
- Rob Bruggeman MBA, CFA, VP Corporate Development
- Rob Bruggeman has worked in the brokerage industry in Toronto for over a decade. He was a small cap equity research analyst at a brokerage firm from 2000 to 2005, a desk analyst and proprietary trader in the Institutional Equities division of a large Canadian financial institution from 2005 to 2010 and, most recently, led the Institutional Equity Sales & Trading group at a boutique brokerage firm with a strong focus on small cap mining companies. Prior to joining the brokerage industry in 2000, Mr. Bruggeman worked for a Canadian telecom company where he held a variety of roles, including Corporate Development. He holds a Bachelor of Engineering and Management degree from McMaster University, an MBA in Strategy & Finance from the Schulich School of Business and is a CFA charter holder.
- Neil Froc, P.Eng, Project Manager
- Neil Froc holds a geological engineering degree from the University of Saskatchewan and has over 25 years' experience in the resource and urban development sector, primarily in British Columbia. Mr. Froc is a registered Professional Engineer and has been involved in various stages of precious metals, base metals and industrial mineral exploration since 1980. Formerly Executive Vice President with Hard Creek Nickel Corp., he brings directly relevant expertise that includes project management on a very large western Canadian nickel deposit that also hosts copper, PGE's and cobalt, as well as the management of engineering scoping studies for the development of a very large (31.4 Mtpa) open pit nickel-cobalt mining project. In addition to resource estimation/modelling, quality assurance/control and project resource development, Mr. Froc has significant proven expertise in technical and socio-economic project development, technical 43-101 compliant reporting, First Nations engagement and oversight of field activities.
- Samir Devendra Patel, LL.B., Corporate Counsel & Secretary
- Appointed to Prophecy Platinum November 2012, Samir Patel holds a Bachelor of Laws (Honours) from the University of Nottingham in the UK and is a member of the British Columbia Bar. Prior to joining Prophecy, Mr. Patel spent three years as an associate in the Securities & Capital Markets Group in the Vancouver office of Borden Ladner Gervais LLP, a leading, full-service, national law firm. He has extensive legal experience in the area of securities and corporate law, particularly in relation to M&A transactions, continuous disclosure requirements, and equity and debt financings.