Prophecy Platinum Corp.
TSX VENTURE : NKL
PINK SHEETS : PNIKD
FRANKFURT : P94

Prophecy Platinum Corp.

June 30, 2011 18:00 ET

Prophecy Platinum Provides Corporate Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 30, 2011) - Prophecy Platinum Corp. ("Platinum" or the "Company") (TSX VENTURE:NKL)(PINK SHEETS:PNIKD)(FRANKFURT:P94) announces that John Icke has resigned from the Board of Directors of Platinum. The Company would like to thank Mr. Icke for his contributions to the growth of the Company.

About Prophecy Platinum

Prophecy Platinum Corp. is a Canadian based Nickel PGM exploration company with projects in Canada, Argentina and Uruguay. Prophecy Platinum's flagship Wellgreen PGM-Cu-Ni project is in Yukon Territory, Canada, and the Lynn Lake project is located in Manitoba, Canada. Further information can be found at www.prophecyplat.com.

On behalf of the Board of Directors of Prophecy Platinum Corp.

John Lee, Chairman and Interim CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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