00:17:25 EDT Mon 21 Sep 2020
Enter Symbol
or Name

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Providence Gold Mines Inc
Symbol PHD
Shares Issued 39,725,004
Close 2020-07-10 C$ 0.12
Recent Sedar Documents

Providence Gold mining lease amendment

2020-07-10 18:20 ET - Property Agreement

The TSX Venture Exchange has accepted for filing a second amendment to the mining lease dated May 24, 2020, between Providence Gold Mines Inc. and Richard F. Ellers, trustee of the Ellers Family Trust (the owner), whereby an original agreement dated March 28, 2017, and amended April 12, 2019, will be further amended such that any and all past due lease payments and five additional one-year lease payments shall be paid in full by the issuance of one million common shares. An additional 200,000 common shares shall be issued upon commencement of a planned 3,900-metre drill program. If the company fails to complete the existing work commitments of $500,000 (Canadian) per year, the company may pay the owner $25,000 (U.S.) to keep the lease in good standing.

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