Providence Gold Mines Inc. wishes to announce the grant, subject to regulatory approvals, of incentive stock options to purchase, in aggregate, 1,560,000 shares of its common stock. The options have been granted to directors, officers and employees of the Company and are granted under the Company's stock option plan and are exercisable at a price of $0.14 for a period of three years. "Ronald Coombes" Ronald Coombes [...]
Providence Gold Mines Inc. is pleased to announce further to its news release of July 10th, 2020 wherein the Company announced it had increased the Non brokered private placement to $1,200,000 Cdn., the Company confirms that it has received regulatory approval and has closed the NBPP financing oversubscribed for total gross proceeds of $1,250,560. Three Company insiders purchased 3,000,000 shares in the private placement [...]
Providence Gold Mines Inc. is pleased to announce, further to the news release of July 10th wherein the Company had increased the private placement to $800,000 CDN, the Company has now had exchange approval to further increase the Private Placement up to $1,200,000 Cdn. The Company is expecting to announce the closure of the placement late next week. Program Update: The Company is currently seeking bids, , to grid auger [...]
Providence Gold Mines Inc. is pleased to announce further to the news release of June 29th wherein the Company had closed a first tranche of the private placement has applied for an extension to accommodate investors who were unable to complete their subscriptions because of delays caused by COVID-19. Due to significant interest the Company has increased the NBPP from $500, 000 to $800,000 CDN. Program Update: The Company [...]
Providence Gold Mines announces that it has received an extension from the TSX Venture Exchange with respect to the duration of its previously announced private placement . The outside date upon which final acceptance of the Private Placement will be granted by the TSX-V has been extended by 30 days. While the Company has closed a first tranche of the private placement it applied for an extension to accommodate investors [...]
Providence Gold Mines is extremely pleased to announce that Richard Ellers the executor of the Ellers Estate the free holder of the group of Providence Gold Mines has accepted the appointment to join the Company Committee of Strategic Advisors. Richard Ellers is a well-known attorney licensed by the State of California since 1971 and is authorized to appear in all of the Federalthe E and State courts in California and [...]
Providence Gold Mines is extremely pleased to announce that Dr. Allen Alper has accepted the appointment to join our committee of strategic advisors. Ron Coombes states, "I have known Dr. Alper for a number of years. He has a wealth of mining experience and, having reviewed the project, Dr. Alper is delighted to work on our Strategic Advisory Board, with the Company and Professor Lee Groat, Professor of Earth Science at [...]
Providence Gold Mines Inc. is pleased to announce that it has entered into a second amended agreement with the Lessor extending the existing lease with option to purchase the Providence Mine properties in Tuolumne County, located near Sonora California consisting of 65 acres of fee simple land and 22 additional mining claims on US federal lands in the famous Motherlode mining district for a further five years. The [...]
Providence Gold Mines Inc. is pleased to announce that we have engaged to become a member of Stockhouse to ensure each shareholder and interested investor can stay up-to-date with corporate developments as well as have an opportunity to be engaged through a social media portal. The interactive structure of the portal provides for an opportunity for shareholders to become a part of the communication process and support the [...]
Providence Gold Mines Inc. is pleased to announce a private placement offering to raise up to $500,000 from the sale of 6,250,000 units at $0.08 per unit. Each unit is comprised of one common shares and one share purchase warrant exercisable for a term of one year to purchase an additional common share of the Company at the price of $0.15 per common share. Finder's fees may be payable to qualified individuals comprised of [...]
Providence Gold Mines Inc. is pleased to announce closure of a first tranche in the amount of $100,000 of its private placement offering announced today to raise up to $500,000 from the sale of 6,250,000 units at $0.08 per unit. Each unit is comprised of one common shares and one share purchase warrant exercisable for a term of one year to purchase an additional common share of the Company at the price of $0.15 per common [...]
Providence Gold Mines Inc. is pleased to announce that it is now proactively sourcing milling equipment to process the stockpile of material. Our trenching results to date have provided us with confidence that the stockpile represents the leftover milled material from the reported historical production up to 1916 of 200,000 ounces of gold. Due to the poor recovery methods of the time, our trenching results demonstrate [...]