Providence Gold Mines Completes Road Repairs and Increases Private Placement
VANCOUVER, January 9, 2026 — Leads & Copy — Providence Gold Mines Inc. (TSX-V: PHD) has announced the completion of road repairs at its La Dama de Oro property and an increase to its private placement offering. According to the company, the road repairs were necessary due to recent flooding in southern California. The private placement has been increased to $150,000 and extended for 30 days, subject to regulatory approval.
Proceeds from the private placement will be allocated to general administration and sampling activities aimed at assessing the mineralization potential of the La Dama de Oro project. Providence Gold Mines intends to commence work related to the permitted 1,000-ton bulk sample immediately.
The private placement involves up to 3,000,000 units priced at $0.05 per unit, potentially raising gross proceeds of up to $150,000. Each unit will include one common share and one full, non-transferable warrant. The warrants are exercisable at $0.05 for two years from the issue date.
The company stated that it wishes its shareholders a wonderful Holiday Season and a prosperous New Year.
Ronald A. Coombes is the President & CEO of the Company, and can be reached at 604 724 2369 or roombesresources@gmail.com.com
Source: Providence Gold Mines Inc.
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