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Harte Gold Corp. 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.
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Comment by rollonon Apr 13, 2017 6:53am
123 Views
Post# 26116453

RE:RE:Correct me if i am wrong but....

RE:RE:Correct me if i am wrong but....A warrant is sometimes attached when a company does a public issue. The intention of course is to facilitate the sale of shares. Each warrant entitles the owner to buy a specific number of shares or part share at a specific price for specific length of time. If the warrant is exercised the owner pays the company the agreed upon price. The company issues new shares to cover the warrants. The investor now has shares he can hold or sell into the market. In this case SR exercised his warrants. I believe they were .15 and probably due. On Dec 31, 2013 there were 35.8 warrants. On Dec. 31, 2015 there were 44.4M and as of today there are 28M. So about 16M warrants have been exercised since Dec 31, 2016 at prices ranging from 10 to 20 cents. That money went into the company coffers and the common share count went up.
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