Prophecy Development Corp. ("Prophecy" or the "Company") (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) announces that it has retained Amec Foster Wheeler E&C Services Inc. (Wood) to undertake updating of the mineral resource and mining section for the Company's upcoming Feasibility Study ("FS") to be completed to the standards of National Instrument 43-101 ("NI 43-101") for its Gibellini vanadium project located in Nevada, USA. The FS is anticipated to be completed by year end 2019.