EX-99.1 2 prpcf_ex991material.htm MATERIAL CHANGE Blueprint
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
 
October 10, 2018
 
ITEM 3.                                 
NEWS RELEASE
 
The news release dated October 10, 2018 was disseminated through Filing Services Canada Inc. and filed on SEDAR on October 10, 2018.
 
ITEM 4.                                 
SUMMARY OF MATERIAL CHANGE
 
Prophecy Development Corp. (the “Company”) announced the appointment of Gerald Panneton as the Company’s President and new Chief Executive Officer, effective October 10, 2018, replacing John Lee, who will remain as Chairman of the Board of Directors of the Company. The Company has granted to Mr. Panneton 1,000,000 bonus shares and 500,000 incentive stock options exercisable at a price of $0.26 per Common share for a term of five years expiring on October 10, 2023.
 
The Company also announced the appointment of Gerald Panneton and Louis Dionne to the Company’s Board of Directors, effective October 10, 2018 to replace Harald Batista and Daniel Fidock, both of whom will remain key advisors to the Company. The Company has granted to Mr. Dionne 50,000 incentive stock options exercisable at a price of $0.26 per Common share for a term of five years expiring on October 10, 2023.
 
ITEM 5.                                 
FULL DESCRIPTION OF MATERIAL CHANGE
 
Please see the news release dated October 10, 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
 
October 10, 2018