Mr. Ronald Coombes reports

PROVIDENCE UPDATE ON TUOLUMNE PROPERTY LEASE

Effective April 18, 2025, Providence Gold Mines Inc.'s lease agreement with the Ellers Family Trust, dated March 28, 2017, and amended April 24, 2019, and May 24, 2020, has been terminated. The lease agreement granted the company a lease of claims comprising the Tuolumne property in California and options to acquire a 50-per-cent working interest in the property or purchase 100-per-cent right, title and interest in the property. The company intends to focus its efforts on securing a new lease for the property on favourable terms to the company.

We seek Safe Harbor.