Oct 10 (Reuters) - Prophecy Development Corp PCY.TO :
* PROPHECY DEVELOPMENT CORP - GERALD PANNETON APPOINTED AS PROPHECY'S PRESIDENT AND CEO
* PROPHECY DEVELOPMENT - PANNETON AND LOUIS DIONNE WERE APPOINTED TO THE BOARD TO REPLACE HARALD BATISTA AND DANIEL FIDOCK
* PROPHECY DEVELOPMENT CORP - PANNETON WILL REPLACE JOHN LEE AS PRESIDENT AND CEO. LEE WILL REMAIN AS CHAIRMAN OF THE BOARD OF DIRECTORS OF THE COMPANY