Harte Gold Corp. T.HRT

Primary Symbol: HRTFF

Metals & Mining Gold

Harte Gold Corp is engaged in the acquisition and exploration of mineral resource properties. It is focused on gold properties located in the province of Ontario, Canada. The company's exploration projects consist of sugar zone property and Stoughton Abitibi property. The Sugar Zone Property is located approximately 80 kilometers east of the Hemlo gold camp on the north shore of Lake Superior. It includes approximately 4 mining leases and 336 unpatented mining claims. In addition, it also consists of approximately 29,435 hectares within the Sault Ste. The Stoughton Abitibi property is located approximately 110 kilometers east of Timmins and 50 kilometers northeast of Kirkland Lake.

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Harte Gold Corp.

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Comment by DOHxclamationon Apr 06, 2019 10:12pm

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Post# 29592902

RE:RE:RE:RE:RE:RE:RE:RE:Thoughts any one ?

tree shaking and now the rest of the story....

VANCOUVER, British Columbia, Aug. 24, 2018 (GLOBE NEWSWIRE) -- Red Eagle Mining Corporation (TSX: R, BVL: R, OTCQX: RDEMF) announces a comprehensive restructuring. As of June 30, 2018, Red Eagle Mining had a negative working capital of approximately US $100 million, had been accruing interest on its US $60 million credit facility with Orion Mine Finance (“Orion”) and Liberty Metals & Mining Holdings, LLC (“LMM”) at the default rate of LIBOR + 14% and been operating under a forbearance agreement since April 2018. The situation was unsustainable, so a comprehensive restructuring is being implemented including a private placement, retirement of the credit facility, writing off all accrued interest, writing off supplier account payables, appointing a new independent Chairman and a share consolidation. Write offs of the credit facility, accrued interest and supplier account payables total US $44 million and capitalization of the credit facility and supplier account payables total US $18 million.

KEEP BASHING, LOW HANGING FRUIT IS THE SWEETEST

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