Inactive Instrument

Harte Gold Corp.

Equities

HRT

CA4161901067

Harte Gold Corp. announced that it has received CAD 0.64 million in funding.

January 24, 2014 at 09:30 am IST

Harte Gold Corp. (TSX:HRT) announced a private placement of 7,692,308 flow-through units at CAD 0.065 per unit and 4,000,000 units at CAD 0.05 per unit for gross proceeds of CAD 700,000 on December 18, 2013. Each flow-through unit consists of one common share and one-half of one warrant. Each unit consists of one common share and one warrant. Each warrant entitles the holder to purchase an additional common share of the company at CAD 0.15 per share for a period of 24 months from the date of closing of the transaction. The company will pay finders' fees of 7% of the gross proceeds in cash and will issue warrants equal to 7% of the number of units and flow-through units issued in the transaction. Each finder warrant will entitle the holder to purchase an additional common share of the company at CAD 0.065 per share for a period of 24 months from the date of issuance.

On the same date, the company closed the first tranche of the transaction. The company issued 300,000 units and 3,825,692 flow-through units for gross proceeds of CAD 263,670. The company paid CAD 12,002 as finders' fees and issued 184,638 warrants as finders' fees pursuant to the tranche closing. Additional closings will occur on or before December 31, 2013.

On December 23, 2013, the company closed the second tranche of the transaction. The company issued 1,000,000 units and 1,600,000 flow-through units for gross proceeds of CAD 154,000. The company paid a cash commission of CAD 10,780 and issued 182,000 warrants.

On December 31, 2013, the company announced that it has closed the third tranche of the transaction. The company issued 100,000 units and 630,000 flow-through units for gross proceeds of CAD 45,950. A total of 2,600,000 units are available under the private placement until January 24, 2014 subject to early closing. The company paid finder's fee of CAD 354 and 5,600 warrants.

On January 24, 2014, Harte Gold Corp. closed the transaction. The company issued 3,600,000 units for gross proceeds of CAD 180,000. The company has issued 6,055,692 flow-through units for gross proceeds of CAD 393,619.98 and 5,000,000 units for gross proceeds of CAD 250,000 making total gross proceeds of CAD 643,619.98 in the transaction.

Latest news about Harte Gold Corp.

Silver Lake Resources Gets Ontario Superior Court Approval for Harte Gold Acquisition	31/22/31	MT
Silver Lake Resources Wins Bid for Toronto-Listed Gold Miner	21/22/21	MT
Harte Gold To Be Auctioned Off as Qualified Bidder Emerges to Rival Stalking Horse Offer	18/22/18	MT
Silver Lake Resources Secures Court Nod for Subscription Deal to Acquire Toronto Gold Miner; Shares Rise 3%	21/21/21	MT
Harte Gold Reports Extension of Stay Period, Approval of Increased DIP Financing	17/21/17	MT
Harte Gold Brief: Co Announced Tuesday Execution of Subscription Agreement and Loan Agreement With Australia-listed Silver Lake Resources Limited	08/21/08	MT
Harte Gold Brief: Announced Overnight Tuesday Granting of Initial Order Under Companies' Creditors Arrangement Act and Approval of DIP Financing Agreement	08/21/08	MT
Harte Gold Brief: Also Announced Early Tuesday Execution of Subscription Agreement and Loan Agreement With Australia-listed Silver Lake Resources Limited	08/21/08	MT
Harte Gold Brief: No Update From Co After It Early Tuesday Said It Will File An Application Under the Companies' Creditors Arrangement Act	08/21/08	MT
Harte Gold Corp. Announces Fifth Amendment to Forbearance Agreement with BNP Paribas	01/21/01	CI
Silver Lake Resources Acquires Credit Facilities of Toronto-listed Gold Miner	23/21/23	MT
Australian Miner Making Play for Sugar Zone Mine in Canada as Troubled Harte Gold Struggles to Keep Afloat	22/21/22	MT
Harte Gold Corp. Announces BNP Paribus's Assignment of Credit Facilities	22/21/22	CI
Australian shares slide as rising Europe COVID-19 cases caution investors	22/21/22	RE
Harte Gold Secures Additional Funding Commitment of US$2 Million	19/21/19	MT
Harte Gold Announces Additional Funding Commitment of USD 2 Million	19/21/19	CI
Harte Gold Provides Update on Strategic Review Process	18/21/18	CI
Harte Gold Q3 Loss Narrows Even as It Warns That Trading in Its Shares is "Highly Speculative"	02/21/02	MT
Harte Gold Provides Update on Strategic Review Process	02/21/02	CI
Harte Gold Corp. Reports Production Results for the Third Quarter Ended September 30, 2021	02/21/02	CI
Harte Gold Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	02/21/02	CI
Harte Gold Plummets 36% as Reports Further Amendment to Forbearance Agreement with BNP Paribas	01/21/01	MT
Harte Gold Reports Further Amendment to Forbearance Agreement with BNP Paribas	01/21/01	MT
Harte Gold Announces Third Amendment to Forbearance Agreement with BNPP	01/21/01	CI
Harte Gold : Secures Extension to Forbearance Agreement with BNP Paribas	18/21/18	MT

Chart Harte Gold Corp.

Duration

Period

More charts

Company Profile

Harte Gold Corp is a Canada-based gold mining company with assets in one of the prolific gold-producing regions of Canada. The Company's properties include Sugar Zone property and Stoughton-Abitibi property. The Sugar Zone property is located in the Dayohessarah Greenstone Belt of late Archean (ca. 2.7 Ga) age that is part of the Abitibi-Wawa Subprovince of the Superior Province. The Sugar Zone property, which encompasses approximately 81,287 hectares covering a significant greenstone belt. The Stoughton-Abitibi property, which is located over 110 kilometers east of Timmins and approximately 50 kilometers northeast of Kirkland Lake, Ontario, and 10 kilometers due east of the Holloway-Holt gold mine and mill. The property is comprised of 101 claim units made up of 17 unpatented, contiguous claims covering a total area of 1,646 hectares.

Sector

More about the company