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Providence Gold Mines Inc. Announces $1 Million Private Placement to Fund Property Advancement
VANCOUVER, British Columbia — September 15, 2026 — Leads & Copy — Providence Gold Mines Inc. is launching a non-brokered private placement aiming to raise up to $1,000,000 through the sale of 20,000,000 units at $0.05 per unit. The company, also known as Providence, will use the proceeds to further develop its La Dama De Oro Gold Property and for general administrative expenses.
Each unit in the offering comprises one common share and one share purchase warrant. The warrants will be exercisable at $0.07 per share for a duration of one year. The company indicated that finders' fees may be paid in connection with this financing. The proposed financing is contingent upon approval from the TSX Venture Exchange.
The initiative aims to secure capital for advancing the company's gold property and supporting its operational needs.
Source: Providence Gold Mines Inc.