VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/07/13 -- Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) announces that it is undertaking a non-brokered private placement to raise gross proceeds of up to Can. $8,400,000 (the "Placement").
The Placement involves the issuance of up to 60,000,000 units
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