Published on: 12/20/2013 3:38:27 PM Print | Font Sizes:  Normal Text Large Text

Prophecy Platinum changes name

By: Northern Ontario Business staff

Miner Prophecy Platinum has changed its name to Wellgreen Platinum, effective immediately.

The company owns the Wellgreen project, a nickel-copper-PGM property located in the Yukon, as well as the Shakespeare project, a nickel-copper-PGM interest located 70 km west of Sudbury near the town of Webbwood.

“With the end of what has been a transformative and productive year approaching, the company has seen a significant restructuring of our shareholder base, a change in our board of directors, and renewed focus and technical progress on our flagship Wellgreen project,” president and CEO Greg Johnson said in a release.

“With a number of important milestones anticipated in 2014, we believe this is the right time to make a change in our corporate identity as we move from an exploration stage company to a development stage company with a focus on platinum group metals and our core Wellgreen project, one of the largest undeveloped platinum and palladium resources in the world.”

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