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PHD.V ·

Providence Gold Announces Grant of Incentive Stock Options

Share Capital & Compensation

May 3, 2019 Trading Symbol TSX: V - PHD

Providence Gold Mines (TSX-V: PHD)(“the Company”) announces that, pursuant to its stock option plan and subject to regulatory approval, it has granted 300,000 options to a director at an exercise price of $0.15 for a term of five years. The securities represented by this grant will be subject to a four-month hold period.

ON BEHALF OF THE BOARD

“Ronald Coombes”

Ronald Coombes, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT:

Ronald Coombes Mobile: 1- 604- 724-2369

[email protected]

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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