Silver Elephant Mining Corp 6-K, filed Jan 8, 2020
Silver Elephant Mining Corp. (SILEF)
6-K
2020-01-08
For: 2020-01-08
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Added on
July 04, 2026
About this 6-K
Silver Elephant Mining Corp filed this 6-K on January 8, 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 January
2020
Commission
File Number 000-55985
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PROPHECY DEVELOPMENT CORP.
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(Translation
of registrant’s name into English)
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Suite 1610 – 409 Granville Street
Vancouver, British Columbia, Canada V6C 1T2
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(Address
of principal executive offices)
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Indicate
by check mark whether the registrant files or will file annual
reports under cover
Form
20-F ☒ or 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.
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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.
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PROPHECY
DEVELOPMENT CORP.
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Date: January 8,
2020
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By:
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/s/ Brigitte McArthur
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Brigitte McArthur
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Corporate Secretary |
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INDEX TO EXHIBITS
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News
release dated January 8, 2020
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Exhibit 99.1
Prophecy Proposes Name Change to
Silver Elephant Mining Corp.
At Shareholders’ Meeting to be held on March 16,
2020
Vancouver, British Columbia, January 8, 2020 – Prophecy
Development Corp. (“Prophecy” or the
“Company”) (TSX:PCY, OTCQX:PRPCF,
Frankfurt:1P2N) will hold a
special meeting of shareholders on March 16, 2020 at 10:00 AM (PST)
(the “Special Meeting”) at Suite 2600 –
1066 West Hastings Street, Vancouver, British Columbia, V6E
3X1.
At the Special Meeting, shareholders will be asked to approve a
change of the Company name to “Silver Elephant Mining
Corp.” (the “Name
Change”) with a new
proposed TSX ticker symbol ELEF, to best reflect the
Company’s focus in developing its Pulacayo silver project in
Bolivia.
At the Special Meeting, the Company also
proposes to seek shareholder approval for a consolidation of its
issued and outstanding Shares at a ratio between one (1) new Common
Share for every five (5) to ten (10) old Common Shares outstanding
(the “Consolidation”).
The effective date of the Name Change, the Consolidation ratio and
the Consolidation, if approved, will occur at a future date to be
determined by the Board when it considers it to be in the best
interests of the Company to implement. The proposed Name
Change and Consolidation are subject to certain regulatory
approvals, including the approval of the TSX.
At the Special Meeting, the Company will further seek Shareholder
approval for the ratification of 794,000 stock options previously
granted to certain directors,
officers, employees and consultants of the Company on July 29, 2019
which was press released on August 19, 2019, pursuant to the terms
of the Company’s Share-Based Compensation Plan as approved at
its Annual General Meeting of shareholders held on June 2, 2016,
and amended on June 13, 2017 and further amended on September 12,
2019. Further information regarding all matters to be approved at
the Special Meeting will be provided in an information circular
which will be mailed to shareholders in February
2020.
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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.
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