Non-brokered deal will have a final closing on July 15, company says
By Devika Patel
Knoxville, Tenn., July 6 - Harte Gold Corp. said it completed the first tranche of a C$1.25 million non-brokered private placement of stock. The deal raised C$900,000 in the initial tranche and Harte expects a final closing on July 15.
The company is selling 3,125,000 flow-through common shares at C$0.40 apiece. It sold 2.25 million shares in this tranche. The price represents an 8.11% premium to C$0.37, the July 5 closing share price.
Proceeds will be focused on Harte's Sugar Zone Property in White River, Ont.
Harte is a gold exploration company based in Toronto.
| Issuer: | Harte Gold Corp.
|
| Issue: | Flow-through common stock
|
| Amount: | C$1.25 million
|
| Shares: | 3,125,000
|
| Price: | C$0.40
|
| Warrants: | No
|
| Agent: | Non-brokered
|
| Settlement date: | July 6 (for C$900,000), July 15
|
| Stock symbol: | TSX Venture: HRT
|
| Stock price: | C$0.37 at close July 5
|
| Market capitalization: | C$54.11 million
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
