VANCOUVER – TheNewswire - September 3, 2021, Providence Gold Mining Inc. (“Providence” or the “Company”) (TSXV: PHD) (OTC:PRRVF) (GR- FRANKFURT:7RH1) 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.