La Dama de Oro Gold & Financing Update
TSX-V: PHD
OTC-PINKS: PRRVF
NR-26-1 FRANKFURT EXCHANGE: 7RH1-F
Providence Gold Mines Inc.
La Dama de Oro Gold & Financing Update
VANCOUVER, January 9, 2026 – Providence Gold Mines Inc. (TSX-V: PHD) (“Providence” or the
“Company”) The Company wishes that all our shareholders have had a wonderful Holiday Season and
prosperity for the New Year.
With the holiday season ending, the Company is pleased to announce that during the holidays
significant road work was completed to repair the La Dama de Oro property access road. The damage
occurred during the recent flooding reported in southern California.
In addition to the financing announcement reported on December 11,2025, the Company, subject to
regulatory approval, announces an increase of the Private Placement to $150,000 and a 30-day
extension.
Use of proceeds:
Proceeds from the private placement will be used for general administration and for sampling activities
to assess mineralization potential at the La Dama de Oro project. The Company intends to proceed
immediately with work related to the permitted 1,000-ton bulk sample.
Private Placement
The Private Placement is for of up to 3,000,000 units at a price of $0.05 per unit, for gross proceeds of
up to $150,000. Each unit will consist of:
one common share; and
one full, non-transferable warrant exercisable at $0.05 for a period of two years from the
date of issue.
For more information, please contact Ronald Coombes, President, and CEO of the Company.
Ronald A. Coombes, President & CEO
Phone: 604 724 2369
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
Neither the OTCQB and or 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.
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
statement