(TheNewswire)
February 3, 2021 – TheNewswire- Providence Gold Mines Inc. (the “Company”) ( TSXV:PHD ) (OTC:PRRVF) (FRANKFURT:7RH1 ) wishes toannounce the grant, subject to regulatory approvals, of incentivestock options to purchase, in aggregate, 475,000 shares of its commonstock. The options have been granted to directors, officers andemployees of the Company and are granted under the Company’s stockoption plan and are exercisable at a price of $0.12 for a period ofthree years.
ON BEHALF OF THE BOARD
"Ronald Coombes"
Ronald Coombes, President & CEO
Mobile: 1- 604- 724-2369
All statements, trendanalysis and other information contained in this press releaserelative to markets about anticipated future events or resultsconstitute forward-looking statements. All statements, other thanstatements of historical fact, included herein, including, withoutlimitation, statements relating to the permitting process, futureproduction of Providence Gold Mines, budget and timing estimates, theCompany’s working capital and financing opportunities and statementsregarding the exploration and mineralization potential of theCompany’s properties, are forward-looking statements. Forward-looking statements are subject to business and economic risks anduncertainties and other factors that could cause actual results ofoperations to differ materially from those contained in the forward-looking statements. Important factors that could cause actual resultsto differ materially from Providence Gold Mines expectations includefluctuations in commodity prices and currency exchange rates;uncertainties relating to interpretation of drill results and thegeology, continuity and grade of mineral deposits; the need forcooperation of government agencies and native groups in theexploration and development of properties and the issuance of requiredpermits; the need to obtain additional financing to develop propertiesand uncertainty as to the availability and terms of future financing;the possibility of delay in exploration or development programs anduncertainty of meeting anticipated program milestones; and uncertaintyas to timely availability of permits and other governmental approvals.Forward-looking statements are based on estimates and opinions ofmanagement at the date the statements are made. Providence Gold Minesdoes not undertake any obligation to update forward-looking statementsexcept as required by applicable securities laws. Investors should notplace undue reliance on forward- looking statements.
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release
Copyright (c) 2021 TheNewswire - All rights reserved.