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

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TSXV:PHD - Post Discussion

Providence Gold Mines Inc > Convertible Equity?????

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Post by givemeabreak1 on Jul 04, 2022 1:06am

Convertible Equity?????

The last I looked PHD is not a start up and Convertible Equity Financing is often used when a company is insolvent or facing lawsuits nearing insolvency. I might be wrong as I have no experience with company's do a convertible equity financing?? If I owned shares though I would be worried!

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