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.

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Harte Gold Corp. > Offers

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Comment by Stumpyon Dec 07, 2021 1:24pm

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Post# 34207064

RE:RE:Offers

Bullet247 wrote: Anyone think that other offers may be coming in and benefit the shareholders or did we sink to the bottom with no way of getting back up?

1000025833 Ontario Inc. (the " Investor "), a wholly-owned indirect subsidiary of Silver Lake Resources Limited will have to pay off the secured creditors to get them to sign off on the Bankruptsy and I beleive they have agreed to pay off the trade payables (so they can still buy toilet paper localy) as well but thats the end of it. Even if there is a higher offer Silver Lake et al does not have to take it as lead creditor. And most likelly they wouldn't as they want to spend as little of the Bridge financing as possible and get into generating revenue from the Spoils from their new acquistion. They have no interest in the unsecured and the unsecured in turn have no say in the matter at all. I wouldn't be surprised at all if the whole deal was complete at days end ; considering the run up time to the pin being pulled.

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