The TSX Venture Exchange has accepted for filing a sale purchase and royalty agreement dated Nov. 11, 2020, between Providence Gold and Minerals Pty. Ltd. and Dr. Rodney Boucher (the vendors), and the company, whereby the company has purchased the Toolleen gold project, located near Victoria, Australia. The aggregate consideration is $375,000 (Australian) (or $358,766.05 (Canadian)), 6.06 million common shares and 6.06 million share purchase warrants that are exercisable into common shares at 15 cents per share for a 60-month period. The property is subject to a 1-per-cent net smelter return (NSR) royalty in favour of the vendors.
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