Clarification Regarding Article Published October 24, 2014

Vancouver, British Columbia, November 6, 2014: Prophecy Coal Corp. (“Prophecy” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2) wishes to clarify that an article published under the title “Prophecy Coal Poised to Replicate Silvercorp’s Growth Through Acquisition” on October 24, 2014, was not issued by the Company, but rather, a third party – Market One Media Group (“MMG”). Greg Hall is an independent director of both Prophecy and MMG. Mr. Hall had no direct involvement in the composition or dissemination of the article.

About Prophecy Coal Corp.

Prophecy Coal Corp. is a Canadian public company listed on the Toronto Stock Exchange that is engaged in developing mining and energy projects in Mongolia. Further information on Prophecy Coal can be found at www.prophecycoal.com.

PROPHECY COAL CORP.
ON BEHALF OF THE BOARD

“JOHN LEE”
Executive Chairman

For more information about Prophecy, please contact Investor Relations:

Bekzod Kasimov
+1.604.563.0699
+1.888.513.6286
investorrelations@prophecycoal.com
www.prophecycoal.com

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.