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PHD.V ·

Providence Gold Mines Inc. appoints new CFO

Management Changes

January 9th, 2020 TSX-V: PHD

Providence Gold Mines Inc. (the “Company”) is pleased to announce that Mr. Scott Davis, CPA, CGA, has been appointed Chief Financial Officer of the Company, effective January 7, 2020 replacing Ms. Kim Evans who has resigned both as director and Chief Financial Officer of the Company.

Mr. Davis is a partner of Cross Davis & Company LLP Chartered Professional Accountants, a firm focused on providing accounting and management services for publicly listed companies. He has over 20 years of experience in the areas of finance and accounting and has been mainly involved with publicly listed companies on the TSXV. The Company looks forward to having Mr. Davis on the team as it moves forward with its development.

We invite all shareholders and stakeholders to join the Providence Gold Mines portal on 8020 Connect. Join here: http://b.link/Providence

ON BEHALF OF THE BOARD

"Ronald Coombes"

Ronald Coombes, President & 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.