Harte Gold Closes Private Placement & Announces Strategic Investor
July 21, 2016
HARTE GOLD CORP. (“Harte Gold”) (TSX: HRT / OTC: HRTFF / Frankfurt: H4O) has raised gross proceeds of $4,050,000 pursuant to the closing on July 20, 2016 of a non-brokered private placement of 13,500,000 Units (“Units”) priced at $0.30 per Unit.
Each Unit consists of one common share and one common share purchase warrant exercisable at $0.35 for a period of two years from Closing. Finder’s fees payable under the private placement consist of a cash payment equal to 5% of cash raised pursuant to certain orders, for a total of $154,500.