WeirFoulds Represents Harte Gold in the Closing of a $25 Million Bought Deal Private Placement

On Tuesday, July 5, 2017, Harte Gold Corp. (the “Company”) (TSX: HRT / OTC: HRTFF/ Frankfurt: H4O) completed its previously announced bought deal private placement financing, selling an aggregate of 40,323,500 common shares in the capital of the Company, including the full exercise of the underwriters’option, at a price of $0.62 per Common Shares, for aggregate gross proceeds to the Company of $25 million.

The syndicate of underwriters for the offering was led by Macquarie Capital Markets Canada Ltd., and included Cantor Fitzgerald Canada Corporation, BMO NesbittBurns Inc., Haywood Securities Inc., and RBC Dominion Securities Inc. The Common Shares are subject to a four-month hold period expiring November 6,2017, in accordance with applicable securities laws in Canada.

The Company plans to use the net proceeds from the Offering to advance the development of the Company’s Sugar Zone Property, for regional exploration, and for general corporate purposes. The Sugar Zone Property is 80,000 hectares and is located 80 kilometers east of the Hemlo Gold Camp near White River. Harte Gold  has completed a 70,000 tonne Advanced Exploration Bulk Sample for the Sugar Zone Deposit, and continues its 75,000-metre, six-rig drill program and other exploration at the site.

Appian Natural Resource Fund (“Appian”), through its wholly-owned subsidiary, acquired 19,485,574 Common Shares in the Offering for gross proceeds to the Company of$12,081,056. Appian owns an aggregate of 96,807,445 Common Shares, or approximately 19.6% of the Company’s issued and outstanding Common Shares, and is entitled to nominate a second director to Harte Gold’s board.

WeirFoulds acted for Harte Gold with a team that was led by Wayne Egan, and included Conor Dooley (corporate and securities), and Ann Lattanzio (senior securities law clerk).

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