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Providence Gold Mines Inc ( (TSE:PHD) ) has provided an announcement.
Providence Gold Mines Inc. has successfully closed a non-brokered private placement, raising $85,000 through the issuance of 1,700,000 units at $0.05 per unit. Each unit includes a common share and a warrant, allowing purchase of an additional share at $0.09 within 24 months. The proceeds will be used for general working capital, pending final acceptance from the TSX Venture Exchange. The securities are subject to transfer restrictions and are not registered under the U.S. Securities Act, limiting their sale in the United States.
More about Providence Gold Mines Inc
Providence Gold Mines Inc. operates in the mining industry, focusing on the exploration and development of gold properties. The company is listed on the TSX Venture Exchange, OTC-PINKS, and Frankfurt Exchange, indicating a broad market focus.
Average Trading Volume: 106,061
Technical Sentiment Signal: Buy
Current Market Cap: C$1.73M
See more data about PHD stock on TipRanks’ Stock Analysis page.