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 Goldon45on Jan 08, 2020 4:57pm

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Post# 30532237

RE:REMINDER

Corporate

Closed US$82.5 million financing package on June 14, 2019 and comprised of
- US$52.5 million 6-year non-revolving term credit facility provided by BNP Paribas (“BNP”)
- US$20.0 million 3-year revolving term credit facility provided by BNP
Entered into a hedge program in connection with the BNP financing, comprising approximately 79,000 ounces over the years 2020 through 2024, representing 24% of payable gold projected to be produced over this period, with a high of 32% in any year
Unrealized hedge gains (losses) are recognized in each accounting period and reversed when the hedge contracts mature in future periods