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
February 19, 2019
ITEM 3.
NEWS RELEASE
The news release dated February 19, 2019 was disseminated through ACCESSWIRE Canada Ltd. and filed on SEDAR on February 19, 2019.
ITEM 4.
SUMMARY OF MATERIAL CHANGE
Prophecy Development Corp. (the “Company”) announced that Gerald Panneton has resigned as the President & Chief Executive Officer and as a director of the Company effective February 15, 2019. John Lee, Chairman and former Chief Executive Officer of the Company, has been appointed to serve as Interim President & Chief Executive Officer.
ITEM 5.
FULL DESCRIPTION OF MATERIAL CHANGE
Please see the news release dated February 19, 2019, 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
February 19, 2019