News out : Private placement Apr 29, 2019 (TheNewswire.ca via COMTEX) -- (via TheNewswire)
April 29, 2019 / TheNewswire / Vancouver, British Columbia - Providence Gold Mines Inc. (PHD) (the "Company" or "Providence Gold") is pleased to announce that it has arranged a non-brokered private placement of up to $250.000 (the "Financing") through the issuance of up to 2,083,333 units (the "Units") at a price of $0.12 per Unit. Each Unit will be comprised of one common share and one common share purchase warrant ("Warrant"), each Warrant entitle the holder to purchase one common share of Providence Gold at a price of $0.15 per share for the first year, $0.20 per share for the second year, and $0.25 for the third year from the closing date. The Warrants will expire 36 months from the closing date.