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PHD.V ·

Providence Announces Drill and Remedial ROAD Work Underway at Providence December 18. 2018

Financings

PROVIDENCE ANNOUNCES DRILL AND

REMEDIAL ROAD WORK UNDERWAY AT PROVIDENCE

December 18. 2018 Trading Symbol: PHD

Providence Gold Mines “the Company” is pleased to announce that roadwork to provide access for the drill program

is now underway and the drill rig arrived on Monday.

The Company has completed the sale of 6,056,627 units for gross proceeds of $726,795 and is now working on a

second tranche. The financing will be used to fund the upcoming drill program and for general working capital. The

Company is excited about the drilling program planned for its Providence group of historical past producing gold

mines located near Sonora California in the famous Motherlode gold belt. News is now expected on a weekly basis

beginning in January.

Qualified Person

John Kowalchuk, P.Geo, a geologist and qualified person (as defined under NI 43-101) has read and approved the

technical information contained in this news release.

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.