Prophecy Begins Trading on OTCQX Market under PRPCF

Vancouver, British Columbia, February 27, 2018 – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce that the Company’s Common shares have begun trading on the premier tier of the OTC Markets Group in the United States: the OTCQX® Best Market. The ticker symbol is “PRPCF”. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.

Dorsey & Whitney LLP will serve as Prophecy’s Sponsor on the OTCQX, a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership.

John Lee, Executive Chairman of the Company stated today that: “Trading on the OTCQX marks a further step in our commitment to enhance Prophecy’s international recognition and facilitate liquidity of its Common shares to our broad international shareholder base.”

The Company’s Common shares also trade on the Toronto Stock Exchange under the ticker symbol “PCY” and on the Frankfurt Stock Exchange under ticker symbol “1P2N”. The Company’s CUSIP (74347D207) and ISIN (CA 74347D2077) numbers remain the same.

About Prophecy

Prophecy Development Corp. is a Canadian public company listed on the Toronto Stock Exchange. The Company aims to provide exposure and leverage to rising vanadium prices by defining and adding attributable vanadium resources in the ground in politically safe jurisdictions. Further information on Prophecy can be found at www.prophecydev.com.

PROPHECY DEVELOPMENT CORP.
ON BEHALF OF THE BOARD

“JOHN LEE”
Executive Chairman

For more information about Prophecy, please contact Investor Relations:

+1.604.563.0699
+1.888.513.6286
ir@prophecydev.com
www.prophecydev.com