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.

EXPM:HRTFF - Post by User

Harte Gold Corp. > Potential Dilution to Shareholders

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Comment by Chadezzyon Jul 02, 2020 12:58pm

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Post# 31216449

RE:Potential Dilution to Shareholders

Yes i believe you are correct; Appian may end up owning 43.2% (25.9 % + 17.3% ) because Appian owns both 'ANR' and 'ANR 2'. The interest payments and the dividend payments are both going to be paid in common shares to Appian which means there will be alot of on-going dilution ahead for shareholders.

Baffles me why the price is up today, maybe people are just happy a deal has been made or that exploration potential still seems quite nice.

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