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MANAGEMENT

John Lee CFA, CEO and Chairman

John Lee is an entrepreneur with degrees in economics and engineering from Rice University. He was appointed Chairman and CEO of Prophecy in October 2009. In a little over a year and under John's leadership, Prophecy grew from having minimal assets to owning substantial coal and PGM assets in Mongolia and Canada. Prophecy Coal Corp. is the first Canadian public company to license a thermal coal power plant in Mongolia and only the second to commission a mine to production in that country. Prophecy Platinum controls one of the key PGM Ni projects in Canada; a deposit with an estimated resource of 1 million ounces of PGM and Gold, a further 11 million ounces inferred and legitimate blue sky potential. John Lee is also Chairman of Prophecy Platinum Corp.

Irina Plavutska MEc, CGA, CFO

Ms. Plavutska is a professional accountant with over 20 years of diverse international experiences in financial reporting, auditing, and accounting. She is a member of Certified General Accountants Association of British Columbia. Ms. Plavutska earned a Masters Degree in Economics from the University of Business and Economics in Ukraine, and has held senior accounting positions, such as corporate controller, at numerous Canadian international and professional service companies for the past several years. She is fluent in Russian and English.

Rob Bruggeman MBA, CFA, VP Corporate Development

Rob Bruggeman has worked in the brokerage industry in Toronto for over a decade. He was a small cap equity research analyst at a brokerage firm from 2000 to 2005, a desk analyst and proprietary trader in the Institutional Equities division of a large Canadian financial institution from 2005 to 2010 and, most recently, led the Institutional Equity Sales & Trading group at a boutique brokerage firm with a strong focus on small cap mining companies. Prior to joining the brokerage industry in 2000, Mr. Bruggeman worked for a Canadian telecom company where he held a variety or roles, including Corporate Development. He holds a Bachelor of Engineering and Management degree from McMaster University, an MBA in Strategy & Finance from the Schulich School of Business and is a CFA charter holder.

Joseph W. Li CGA, General Manager and Corporate Secretary

Mr. Li is a Certified General Accountant (B.C.) and has a B.Com (Hons) from Laurentian University. For 13 years, Joseph was a Senior Auditor with the B.C. Ministry of Finance, a position which allowed him to gain valuable insight into how diverse businesses and organizations of all sizes are operated. Mr. Li has been the General Manager and Corporate Secretary of Prophecy Coal Corp. since January, 2011, and oversaw the successful spinoff of Prophecy Platinum Corp.

VP Sharma, Consultant

Mr. Sharma has over 40 years of experience in the Energy Industry.  His experience covers all aspects of power generation, including operations and maintenance, construction, planning, engineering, business development, safety, and project management.

Mr. Sharma joined China Light and Power Group  (“CLP”) in 1978 and, after holding various positions within CLP power stations, retired in 2011 as Director of Operations and Construction in charge of acquisition, operation and maintenance of existing generation assets, and construction of new generation projects across Australia, South East Asia and India.  Mr. Sharma was instrumental in establishing CLP Group's presence in India and from 2002 to 2005, he managed CLP business in the country.  He held the positions of CEO of CLP Power India, Managing Director of Gujarat Paguthan Energy Corporation (GPEC), Regional Business Manager, and Business Development Manager in CLP Power Asia.  During this time, he established excellent contacts, and an impeccable personnel reputation with government officials, the investment community and consultants in India's rapidly growing power sector.

Mr. Maree Roos, Consultant

Maree Roos is an independent energy consultant with a deep understanding of the electricity industry, gained from involvement in numerous major projects across Africa, Singapore, Malaysia, Thailand and now Mongolia. Mr. Roos' expertise extends to energy market designs, pricing policy development, economic regulation, PPA structuring, costing, and risk management.

He obtained his Engineering degree from the University of Pretoria in 1985 and began his engineering career with Eskom in South Africa. During this time, he worked as a commissioning engineer and later as maintenance engineer at Eskom's largest coal-fired power station (3,840 MW indirect dry cooling).

In 1992, Mr. Roos obtained an MBA from Samford University in the US, subsequently returning to Eskom where he was responsible for maintenance and production planning. After holding several managerial and professional positions, he resigned in 2000 to start his own consultancy business, working with both public and private sector clients.

Ms. Lynia Lau, Consultant

Ms. Lau is a Hong Kong based partner in the international law firm Clyde & Co. and the Asian Head of Energy & Resources for the firm. She specializes in acquisition, development, financing, operation, sales and governmental regulation of large-scale infrastructure projects including power plant, oil & gas, refinery, and LNG. Prior to joining Clyde & Co., she was with BP Amoco and Sinopec, acting as Senior Commercial Director. During this time, Ms. Lau accumulated over 10 years of industrial experience in M & A transactions, project development, project finance and government regulatory related matters.

She advised Shanghai Power Group LTD, Yudean Group Limited, China Three Georges Group, Electricite de France and GEC Alstom, China General Technology (Group) Holding, Limited and its wholly owned subsidiary China National Machinery Import & Export Corporation, and Datang Power International in their oversea investment in power plant projects.

Dr. George Gale, Consultant

Dr. George Gale has been a mineral deposit geologist for more than 40 years. Currently a director of VMS Ventures Inc. (TSX-V: VMS), he led the exploration activities that resulted in their discovery of the high-grade Manitoba Reed Lake VMS deposit in 2007.
Dr. Gale was the head of the Mineral Deposits Section of the Manitoba Geological Survey from 1977 to 1999. He will advise Prophecy's exploration activities based on his extensive geological expertise in Manitoba.


DIRECTORS

John Lee CFA, CEO and Chairman

John Lee is an entrepreneur with degrees in economics and engineering from Rice University. He was appointed Chairman and CEO of Prophecy in October 2009. In a little over a year and under John's leadership, Prophecy grew from having minimal assets to owning substantial coal and PGM assets in Mongolia and Canada. Prophecy Coal Corp. is the first Canadian public company to license a thermal coal power plant in Mongolia and only the second to commission a mine to production in that country. Prophecy Platinum controls one of the key PGM Ni projects in Canada; a deposit with an estimated resource of 1 million ounces of PGM and Gold, a further 11 million ounces inferred and legitimate blue sky potential. John Lee is also Chairman of Prophecy Platinum Corp.

Harald Batista, Director

Mr. Batista is an accomplished entrepreneur with over two decades of international sales and marketing experience. He holds an MBA degree from Santa Clara University in California and is a member of the prominent Batista family in Brazil that includes Eliezer Batista, the founder of Vale do Rio Doce Company (now Vale) and Eike Batista, the founder of EBX Group. EBX Group focuses on investment opportunities in infrastructure and natural resources, sectors in which Brazil is a global leader in innovation and competitive differentials. EBX investments are focused on MMX (iron-ore mining), MPX (energy), LLX (logistics), OGX (oil and gas), AUX (gold mining), CCX (coal mining) and OSX (oil services). MMX, OGX, MPX, CCX and LLX are listed on Brazil's Novo Mercado - at the Sao Paulo Stock Exchange (BOVESPA). The combined market capitalization of the EBX Group of companies exceeds US $20 billion.

Jivko Savov, Director

Jivko Savov has over 15 years of energy and natural resources experience focused on emerging markets Mr. Savov is currently Head of Global M&A; at Gazprom in London. From 2006 until 2012 he was Deputy Chief Executive Officer of En+ Group,and previously workedin private equityand investment management roles specialising in equity raising, financial restructuring and public listings.

Michael J Deats, Director

Michael J Deats, a Wits University Graduate, is an internationally-renowned Mining Engineer with an impressive and diverse background that includes leadership roles in some of the largest Energy and Mining operations in the world. The majority of Mr. Deats' career was spent with Iscor South Africa, ultimately becoming responsible for overseeing the entirety of the firm's vast mining operations. In addition to directing operations at the Sishen Iron Ore export mine and Grootegeluk coal mine, Mr. Deats personally introduced fully-mechanised longwall coal mining at Durban Navigation Colliery.

Mr. Deats' background further includes directorships with BP Southern Africa, BP Coal Southern Africa, The Richards Bay Coal Terminal Company/ The Transvaal Coal Owners Association and, perhaps most notably, with Eskom. During his tenure with Eskom, he was responsible for the management/direction of that utility's primary energy acquisition, later taking over direction of the entire power generation function.

Mr. Deats remains actively engaged in consulting in the nuclear field/mining engineering areas and governmental regulatory work. He is also an elected trustee with BP Southern Africa Pension Fund and the Arcelor-Mittal Pension Fund.

Chuluunbaatar Baz, Director

Mr. Chuluunbaatar is the President and Chairman of the Monnis Group of Companies, Mongolia ("Monnis"). Monnis, headquartered in Ulaanbaatar, Mongolia, is one of Mongolia's largest industrial holding companies. With over 1,000 employees and 12 subsidiaries, Monnis has, under Mr. Chuluunbaatar's leadership, become a national leader in insurance, construction, logistics, technology, real-estate, geological services, mining support services, energy, automobile and automotive parts distribution, international freight forwarding, foreign trade, air services, communications, and corporate finance advisory services.

Greg Hall, Director

Mr. Hall is an independent business advisor to the mining industry. For over 30 years, Mr. Hall has focused on significant international exploration, development, and mining ventures, and all aspects of their structuring and finance. He recently retired as a director of Silvercorp Metals Inc (NYSE: SVM, TSX: SVM), China's largest primary silver producer and the lowest cost silver producer among its industry peers. His previous positions include: Director at Haywood Securities Inc.; Vice-President, Canaccord Capital Corporation; and Senior Vice-President of Leede Financial Markets Inc. He is a graduate of the Rotman School of Management, University of Toronto, SME Enterprise Board Program, and a Member of the Institute of Corporate Directors.

Joseph W. Li CGA, General Manager and Corporate Secretary, Director

Mr. Li is a Certified General Accountant (B.C.) and has a B.Com (Hons) from Laurentian University. For 13 years, Joseph was a Senior Auditor with the B.C. Ministry of Finance, a position which allowed him to gain valuable insight into how diverse businesses and organizations of all sizes are operated. Mr. Li has been the General Manager and Corporate Secretary of Prophecy Coal Corp. since January, 2011, and oversaw the successful spinoff of Prophecy Platinum Corp.

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*Ulaan Ovoo: 174 million tonnes  of measured and 34 million tonnes of indicated coal. Ulaan Ovoo’s resource numbers are from the Behre Dolbear & Company (USA), Inc  report referenced in the Dec 2010, 43-101 Prefeasibility Study by Wardrop Engineering. Chandgana consists of two properties-Chandgana Tal and Chandgana Khavtgai. Chandgana Tal consists of 141 mt of measured resource. Chandgana Khavtgai consists of 509 mt measured and 539 mt indicated resource. Chandgana Khavtgai’s resource estimates are based on the September 2010 NI 43-101 Chandgana Khavtgai Technical Report by Kravits Geological Services, LLC. The report is authored by Christopher M. Kravits CPG, LPG of Kravits Geological Services, LLC., who was an independent Qualified Person under NI 43-101 at the time of report preparation. And the Chandgana Tal resource estimate is also based on the September 2007 NI 43-101 Chandgana Tal Technical Report by Behre Dolbear & Company (USA), Inc..The report is authored by Mr. Gardar G. Dahl, Jr., CPG of Behre Dolbear & Company (USA), Inc., who is an independent Qualified Person under NI 43-101.