Silver Elephant Mining Corp 6-K, filed Mar 17, 2020
Silver Elephant Mining Corp. (SILEF)
6-K
2020-03-17
For: 2020-03-17
View Original
Added on
April 06, 2026
About this 6-K
Silver Elephant Mining Corp filed this 6-K on March 17, 2020.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 or 15d-16 UNDER
THE
SECURITIES EXCHANGE ACT OF 1934
For the
month of March
2020
Commission
File Number 000-55985
|
PROPHECY DEVELOPMENT CORP.
|
|
(Translation
of registrant’s name into English)
|
|
Suite 1610 – 409 Granville Street
Vancouver, British Columbia, Canada V6C 1T2
|
|
(Address
of principal executive offices)
|
Indicate
by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F
|
Form
20-F
|
☒
|
Form
40-F
|
☐
|
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(1):
☐
|
|
Note: Regulation S-T Rule 101(b)(1) only permits
the submission in paper of a Form 6-K if submitted solely to
provide an attached annual report to security holders.
|
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule
101(b)(7): ☐
|
|
Note: Regulation S-T Rule 101(b)(7) only permits
the submission in paper of a Form 6-K if submitted to furnish
a report or other document that the registrant foreign private
issuer must furnish and make public under the laws of the
jurisdiction in which the registrant is incorporated, domiciled or
legally organized (the registrant’s “home
country”), or under the rules of the home country exchange on
which the registrant’s securities are traded, as long as the
report or other document is not a press release, is not required to
be and has not been distributed to the registrant’s security
holders, and, if discussing a material event, has already been the
subject of a Form 6-K submission or other Commission filing on
EDGAR.
|
1
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
|
|
PROPHECY DEVELOPMENT
CORP.
|
|
|
|
|
|
|
|
|
Date:
March
17, 2020
|
By:
|
/s/ Brigitte
McArthur
|
|
|
|
|
Brigitte
McArthur
|
|
|
|
|
Corporate
Secretary
|
|
2
INDEX TO EXHIBITS
|
News
Release dated March 17, 2020
|
3
Exhibit 99.1
Prophecy Shareholders Pass All Resolutions at 2020 Special
Meeting
Prophecy to be Renamed Silver Elephant Mining Corp.
Vancouver, British Columbia, March 17, 2020 – Prophecy
Development Corp. (“Prophecy” or the “Company”)
(TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to report that all proposed resolutions
were approved at the Company’s Special Meeting of
shareholders held on March 16, 2020, in Vancouver, British Columbia
(the “Meeting”).
Voting
Results were as follows:
|
MATTERS VOTED UPON
|
VOTING RESULTS
|
||
|
1.
|
Ratification of Previously Granted Stock Options
|
Votes in Favour
|
Votes Against
|
|
|
|
9,926,518
(67.45%)
|
4,789,696
(32.55%)
|
|
Approved the Ratification of 1,275,000 Stock Options previously
granted.
|
|||
|
2.
|
Name Change
|
Votes in Favour
|
Votes Against
|
|
|
|
22,420,268
(86.54%)
|
3,486,960
(13.46%)
|
|
Approved with or without variation the amendment of the Articles
and name change of the Company to Silver Elephant Mining
Corp.
|
|||
|
3.
|
Share Consolidation
|
Votes in Favour
|
Votes Against
|
|
|
|
20,002,463
(77.21%)
|
5,904,765
(22.79%)
|
|
Approved with or without variation the consolidation of the issued
and outstanding Common Shares of the Company.
|
|||
Notes:
1)
There were 10,679,899 non-votes reported by the Scrutineer of the
Meeting in respect of the above motion.
Additionally, 511,115 shares held by Insider were excluded from the
calculation of the voting results.
2)
The percentages reported are calculated on the votes cast in person
and by proxy at the Meeting which total 25,908,228 with respect to
the above motion.
A report on voting results on all matters voted on at the meeting
have been filed on SEDAR at www.sedar.com.
The
Company will announce upon receipt of approval from the TSX the
trading of its shares under its new name “Silver Elephant
Mining Corp.” and trading symbol “ELEF”.
No action will be required by existing
shareholders with respect to the name change.
There is no immediate plan to
consolidate the Company shares. In the event that the share
consolidation is effected, management and board of directors of the
Company will examine all available opportunities including but not
limited to the ability to satisfy the requirements of a potential
listing on another US stock exchange.
About Prophecy
Prophecy
is developing its premier Pulacayo silver project in Bolivia.
Further information on Prophecy can be found at
www.prophecydev.com.
PROPHECY DEVELOPMENT CORP.
ON
BEHALF OF THE BOARD
“Michael Doolin”
Chief
Executive Officer
For
more information about Prophecy, please contact Investor
Relations:
+1.604.569.3661
ext. 101
ir@prophecydev.com www.prophecydev.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.