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Providence Gold Mines Inc ( (TSE:PHD) ) has provided an update.
Providence Gold Mines Inc. has obtained an extension from the TSX Venture Exchange for its private placement initiative, now extended until March 12, 2025. The private placement aims to raise up to $1,700,000 CAD, with funds targeted for evaluating a new gold surface discovery and a drilling program to explore historical mining shafts, potentially enhancing the company’s portfolio with high-grade gold targets.
More about Providence Gold Mines Inc
Providence Gold Mines Inc. operates in the mining industry, focusing on gold exploration and development. The company is engaged in exploring and developing its gold assets, with a particular emphasis on historical mining sites and new discoveries.
YTD Price Performance: 166.67%
Average Trading Volume: 79,765
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$4.95M
Learn more about PHD stock on TipRanks’ Stock Analysis page.