VANCOUVER, January 9, 2026 TheNewswire – Providence Gold Mines Inc. (TSX-V: PHD) (“Providence” or the “Company”) The Company wishes all of our shareholders a happy holiday season and a prosperous new year.
Now that the holidays have come to an end, the company has… is pleased to announce that significant roadworks have been completed over the holidays to repair the access road to the La Dama de Oro estate. The damage occurred during the recent flooding in Southern California.
Next to the financing announcement reported on December 11, 2025, the company announces, subject to regulatory approval, a private placement increase to $150,000 and a 30-day extension.
Use of proceeds:
Proceeds from the private placement will be used for general administration and sampling activities to assess the mineralization potential of the La Dama de Oro project. The company plans to immediately proceed with work related to the authorized bulk sample of 1,000 tons.
The Private Placement is for up to 3,000,000 units at a price of $0.05 per unit, for gross proceeds of up to $150,000. Each unit will consist of:
For more information, please contact Ronald Coombes, President and CEO of the company.
Ronald A. Coombes, president and CEO
Phone: 604 724 2369
roombesresources@gmail.com.com
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
Neither the OTCQB and/or the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
All statements, trend analyzes and other information in this press release regarding markets regarding expected future events or results constitute forward-looking statements. All statements, other than statements of historical fact, contained herein, including but not limited to statements regarding the permitting process, future production from Providence Gold Mines, budget and timing estimates, the Company’s working capital and financing capabilities and statements regarding the exploration and mineralization potential of the Company’s properties, are forward-looking statements. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual operating results to differ materially from those in the forward-looking statements. Important factors that could cause actual results to differ materially from Providence Gold Mines’ expectations include fluctuations in commodity prices and exchange rates; uncertainties relating to the interpretation of drilling results and the geology, continuity and quality of mineral deposits; the need for cooperation between government agencies and indigenous groups in the exploration and development of properties and their issuance necessary permits; the need to obtain additional financing to develop properties and the uncertainty regarding the availability and terms of future financing; the possibility of delays in exploration or development programs and the uncertainty of achieving expected program milestones; and uncertainty regarding the timely availability of permits and other government approvals. Forward-looking statements are based on management’s estimates and opinions as of the date the statements are made. Providence Gold Mines undertakes no obligation to update any forward-looking statements, except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements
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