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Prophecy Development Corp.

11:54 AM EST - Prophecy Development Corp. : announced the approval, via Resolution No. 16, of the Ministry of Roads and Transportation of Mongolia for the Road Feasibility study previously submitted by the Company for the construction of a 17km road to connect Prophecy's Ulaan Ovoo mine to the Zeltura Russian border. Prophecy Development Corp. shares T.PCY are trading up $0.01 at $0.07.