(TheNewswire)
August 17, 2021 – TheNewswire - Providence Gold Mines Inc. or the"Company") ( TSXV:PHD ) (OTC:PRRVF) ispleased to announce that it has engaged the services of Red CloudSecurities Inc. for market Stabilization and Liquidity Services("Market Maker") for its common shares listed on the TSXVenture Exchange. Under the terms of the Agreement, which is effectiveAugust 3, 2021, 2021, The Company will pay the Market Maker a monthlyfee of $5,000 for market making services which will continue untileither party has terminated the agreement with thirty (30) days'notice.
About Red Cloud SecuritiesInc.
Red Cloud Securities Inc. is a 100%, principal-ownedCanadian based IIROC investment dealer focused in the junior resourcesector. Their primarybusinesses include investment banking, equity research, and marketstabilization and liquidity services. Red Cloud was founded by capitalmarkets professionals with extensive experience in the junior miningindustry. Their goal is tobecome the leading global investment boutique in juniorresources.
About Providence Gold MinesInc
Providence Gold Mines Inc is a Canada-based companyengaged in the exploration, evaluation and development of its goldmineral property located in the prolific gold bearing Mother LodeBelt, nearby the historical gold town of Sonora, California, UnitedStates. The Company holds an interest in several Historical high –grade past producing mines located within the Providence Gold Minesproperties. The Providence Property includes six parcels and thirteen20-acre mining claims for a total of 425 acres(171 hectares) in size acres. The Company isfocused on its exploration, evaluation, and development of the Providence Group of GoldMines assets.
ON BEHALF OF THE BOARD
"Ronald Coombes"
Ronald Coombes, President & CEO
FOR FURTHER INFORMATION PLEASECONTACT:
Ronald Coombes
Office: (604) 688-8200
Email: info@providencegold.com
Click To Watch “Drillingat the Providence Gold stockpile” Video.
LIKE & FOLLOW Providence GoldMines on Instagram , , TikTok , , . StayTuned!
Forward-Looking Information
This press release contains certain forward-lookinginformation and reflects the Company's present assumptions regardingfuture events. These statements involve known and unknown risks,uncertainties, and other factors that may cause the Company's actualresults, levels of activity, performance, and/or achievements to bematerially different from any future results, levels of activity,performance, or achievements expressed or implied by theseforward-looking statements.
Certain statements contained in this documentconstitute forward-looking statements and information within themeaning of the applicable Canadian securities legislation. When usedin this document, the words "may", "would","could", "should", "will","intend", "plan", "propose","anticipate", "believe", "forecast","estimate", "expect" and similar expressions usedby any of the Company's management, are intended to identifyforward-looking statements. Such statements reflect the Company'sinternal projections, expectations, future growth, performance andbusiness prospects and opportunities and are based on informationcurrently available to the Company. Since they relate to the Company'scurrent views with respect to future events, they are subject tocertain risks, uncertainties and assumptions. Many factors could causethe Company's actual results, performance or achievements to bematerially different from any future results, performance orachievements that may be expressed or implied by such forward-lookingstatements. Given these risks and uncertainties, readers are cautionednot to place undue reliance on such forward-looking statements. TheCompany does not intend, and does not assume any obligation, to updateany such factors or to publicly announce the result of any revisionsto any of the forward-looking statements contained herein to reflectfuture results, events or developments except as required byapplicable securities legislation, regulations or policies.
Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy of accuracyof this release.
Copyright (c) 2021 TheNewswire - All rights reserved.