PHD.V · 2021-01-14 12:00:00

Providence Gold Update

Corporate Updates

TSXV: PHD

January 14, 2021 USOTC: PRRVF

7RH1 “GR- FRANKFURT

Providence Gold Mines “the Company” is pleased to announce effective immediately the

appointment of Mr. Kevin Nishi as a Director. “Kevin is a Chartered Professional Accountant and

holds a Bachelor of Business Administration degree from Simon Fraser University. He has held

several director positions with exploration stage mining companies. Mr. Nishi is a partner with Smythe

LLP working with several public companies listed on the TSX and TSX Venture exchanges in Canada

and in the United States.”

Ron Coombes states, “The Company’s audit committee welcomes and looks forward to working with

Kevin his wealth of professional accounting experience will greatly enhance our independent audit

committee.”

In addition to the above, the Company has now received receipt of the percussion drilling stockpile

assays. The Company’s Qualified Person is now reviewing the successful results, and the Company

awaits to provide its shareholders with a further news release shortly.

Click HERE To Watch "Drilling at the Providence Gold stockpile” Video

ON BEHALF OF THE BOARD

"Ronald Coombes"

Ronald A. Coombes, President & CEO

Office: (604) 688-8200

LIKE & FOLLOW @providencegoldmines on Instagram, Facebook, TikTok, Youtube, LinkedIn. Stay

Tuned!

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 release