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Bullboard - Stock Discussion Forum Providence Gold Mines Inc V.PHD

Alternate Symbol(s):  PRRVF

Providence Gold Mines Inc. is a Canada-based mineral exploration company. The Company is engaged in the process of exploring and evaluating its mineral property located in California, United States. It owns 100% interest in Tuolumne Property. The Company’s gold mines consist of seven patented stake mineral claims and 22 located claims, encompassing an area of approximately 324 acres, which... see more

TSXV:PHD - Post Discussion

Providence Gold Mines Inc > Re: Financing
View:
Post by Donwaan on Jun 16, 2022 2:19pm

Re: Financing

Reply to my email: We are working with a financial group who has requested certain insurance be in place and as such we have an enquiry into our agent and should have a response soon . Their fund has approved our deal and we are awaiting documentation. As back up a second party is interested who are planning a site visit. We are drill ready and will keep you posted . kindest regards ron Ronald A. Coombes / President & CEO P: 604-724-2369 E: rcoombes@providencegold.com
Comment by givemeabreak1 on Jun 16, 2022 7:00pm
Based on the response the financing has expired! So it would seem this might be considered a new bought deal financing should it go through. Hmm wonder who mentioned that lol. What I am not clear about is the pricing. It says ' the fund has approved our deal's', I am not sure what is meant by that? Does deal mean financing? Does deal mean terms of the original financing? I would think ...more  
Comment by KozmoD on Jun 17, 2022 2:20am
This post has been removed in accordance with Community Policy
Comment by MrGoldinvest on Jun 17, 2022 7:03am
Donwaan, I get the same info via mail. There is interest of one very big investor too.
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