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Harte Gold Corp. T.HRT


Primary Symbol: HRTFF

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

Post by Eggbuson Jul 20, 2021 9:33am
151 Views
Post# 33574489

Everyone jumping ship now!

Everyone jumping ship now!

Toronto – July 20, 2021 – HARTE GOLD CORP. (“Harte Gold” or the “Company”) (TSX: HRT / OTC: HRTFF / Frankfurt: H4O) announced today an update to its strategic review process and the resignation of Appian’s nominees from its board of directors (the “Board”).

Strategic Review Process

On May 13, 2021, the Company announced it would be initiating a strategic review process to explore, review and evaluate a broad range of alternatives focused on ensuring the Company’s financial liquidity and to fund accelerated life-of-mine capital.

As announced on June 8, 2021, the Board established a Strategic Committee to support management in evaluating all strategic alternatives. The Strategic Committee members were Joseph Conway (Chair), Douglas Cater and Geoffrey Cohen.

To support the continuation of the strategic review process, the Board established a Special Committee, comprised of the Company’s independent directors, Joseph Conway and Douglas Cater, yesterday.

There can be no assurance that the strategic review process will result in any transaction or, if a transaction is concluded, what the terms or timing of such a transaction will be. The Company will provide an update when further disclosure is required or otherwise appropriate.

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