HARTE GOLD CORP. (TSX VENTURE: HRT) Robert Platt, President and CEO announces the company ("HARTE GOLD") has completed a private placement of $405,000 through the sale of 1.350 million Units at $0.30 per Unit. Each Unit consists of one common share and one half (1/2) share purchase warrant. One (1) share purchase warrant may be exercised to acquire one (1) common share in the capital of Harte at a price of $0.40 on or before November 30, 2007. Proceeds of the offering will be used for the further exploration and development of the company's gold properties located in northern Ontario, Canada.
The private placement is subject to acceptance for filing by the TSX Venture Exchange. In connection with the private placement, the Company has agreed to pay a finders fee of ten (10%) per cent of the number of units sold under the private placement. All securities issued are subject to a hold period of four months and one day from the date of closing.
HARTE GOLD is an Ontario based Canadian gold company committed to the continued development of its two advanced gold projects located in the Hemlo and Timmins-Kirkland Lake gold areas of northern Ontario, Canada. HARTE presently has 35,212,104 common shares issued and outstanding.
The statements contained in this press release may contain statements that may involve a number of risks and uncertainties. Actual events or results could defer materially from the Company's expectations and projects.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "US Securities Act") or any state securities laws and may not be offered or sold within the United States or to US Persons unless registered under the US Securities Act and applicable state securities laws or an exemption from such registration is available.
TSX Venture Exchange has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this release.
HARTE GOLD CORP.
President and CEO
(416) 368-6827 (FAX)