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Prophecy Coal Corporate Update

January 23, 2014

ENP Newswire - 23 January 2014 Release date- 21012014 - Vancouver, British Columbia - Prophecy Coal Corp. (TSX: PCY, OTCQX: PRPCF, Frankfurt : 1P2) Pursuant to shareholder approval granted at the Company's 2013 Annual General and Special Meeting held on July 30, 2013 and further to its new release on December 30, 2013 , the Company announces that it has issued a second tranche of 1,013,750 bonus shares in the capital of the Company to certain directors, officers, employees and service providers of the Company. About Prophecy Coal Prophecy Coal Corp. is a Canadian company listed on the Toronto Stock Exchange engaged in developing energy projects in Mongolia . Further information on Prophecy Coal can be found at Contact: Bekzod Kasimov Manager Prophecy Coal Corp. Tel: +976 - 99012672 Email:

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Source: ENP Newswire

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