By Laura Lutz
Des Moines, Sept. 14 - Harte Gold Corp. arranged a private placement of stock for up to C$2.2 million.
The company plans to sell up to 4 million common shares at C$0.25 per share and up to 4 million flow-through common shares at C$0.30 per share.
D&D Securities Co. will act as lead agent.
Proceeds will be used for further development of the company's gold properties in northern Ontario.
The company said it also granted to its officers, directors and consultants options to buy 3 million common shares at C$0.25 per share for five years. All previous options have either expired or been cancelled or exercised.
Harte Gold is a gold mining company with headquarters in Toronto.
| Issuer: | Harte Gold Corp.
|
| Issue: | Common shares and flow-through common shares
|
| Amount: | C$2.2 million
|
| Agent: | D&D Securities Co. (lead)
|
| Pricing date: | Sept. 14
|
| Stock symbol: | TSX Venture: HRT
|
| Stock price: | C$0.23 at close on Sept. 13
|
|
|
| Non flow-through shares
|
| Shares: | 4 million
|
| Price: | C$0.25
|
| Warrants: | No
|
|
|
| Flow-through shares
|
| Shares: | 4 million
|
| Price: | C$0.30
|
| Warrants: | No
|
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