Harte wraps C$2.47 million placement of shares with C$788,250 tranche

Non-brokered deal settled in tranches at $0.75 per flow-through share

By Devika Patel

Knoxville, Tenn., Jan. 3 - Harte Gold Corp. said it completed the second and final tranche of a non-brokered private placement of stock. The deal was announced as a C$3 million offering on Dec. 23, the date the company raised C$1.68 million, but only raised C$2.47 million. The company sold C$788,250 of shares in the final closing on Dec. 31.

The company sold a total of 3,296,333 flow-through common shares at C$0.75 apiece. It sold 2,245,333 shares in the first closing and 1,051,000 shares in this tranche. The price represents a 7.14% premium to C$0.70, the Dec. 22 closing share price.

Harte is a gold company based in Toronto.

Issuer:	Harte Gold Corp.
Issue:	Flow-through common stock
Amount:	C$2,472,250
Shares:	3,296,333
Price:	C$0.75
Warrants:	No
Agent:	Non-brokered
Settlement date:	Dec. 23 (for C$1,684,000), Dec. 31 (for C$788,250)
Stock symbol:	TSX Venture: HRT
Stock price:	C$0.70 at close Dec. 22
Market capitalization:	C$93.7 million

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