7RH1 “GR- FRANKFURT Providence Gold Announces Closes Non-Brokered Private Placement
TSXV: PHD
September 3,2021 USOTC: PRRVF
7RH1 “GR- FRANKFURT
Providence Gold Announces Closes
Non-Brokered Private Placement
VANCOUVER – September 3, 2021, Providence Gold Mining Inc. (“Providence” or the “Company”) (TSXV: Phd)
is pleased to announce that further to the news release of June 29, 2021, it has now closed its non-brokered
private placement offering (the “Private Placement”) of 3,864,571 shares at a price of $0.07 for the reduced amount
of $270,519.97.
Finders’ fees may be payable in connection with the Offering and those qualified persons involved as finders
will receive a cash fee of up to 6% cash and 6% brokers warrants of the proceeds raised.
Closing of the Private Placement is subject to all necessary regulatory approvals including acceptance from the
TSX Venture Exchange. All securities issued in connection with the Private Placement will be subject to a four-
month hold period from the closing date under applicable Canadian securities laws, in addition to such other
restrictions as may apply under applicable securities laws of jurisdictions outside Canada.
About Providence Gold Mines Inc.
Providence Gold Mining Inc. is an advanced-stage gold mine exploration and development company holding
an option to purchase 100% interest in the Providence Group of Gold mines near the City of Sonora California.
For more information, please contact Ronald Coombes, President and CEO of the Company.
ON BEHALF OF THE BOARD
"Ronald Coombes"
Ronald A. Coombes, President & CEO
Office: (604) 688-8200
Email: [email protected]
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On behalf of Providence Gold Mining Inc.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATI
www.ProvidenceGold.com
All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events
or results constitute forward-looking statements. All statements, other than statements of historical fact, included herein, including,
without limitation, statements relating to the permitting process, future production of Providence Gold Mines, budget and timing
estimates, the Company’s working capital and financing opportunities and statements regarding the exploration and mineralization
potential of the Company’s properties, are forward-looking statements. Forward- looking statements are subject to business and
economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained
in the forward- looking statements. Important factors that could cause actual results to differ materially from Providence Gold Mines
expectations include fluctuations in commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results
and the geology, continuity and grade of mineral deposits; the need for cooperation of government agencies and native groups in the
exploration and development of properties and the issuance of required permits; the need to obtain additional financing to develop
properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development
programs and uncertainty of meeting anticipated program milestones; and uncertainty as to timely availability of permits and other
governmental approvals. Forward-looking statements are based on estimates and opinions of management at the date the statements
are made. Providence Gold Mines does not undertake any obligation to update forward-looking statements except as required by
applicable securities laws. Investors should not place undue reliance on forward- looking statements.
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 releas