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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

Comment by kitsune1on Dec 17, 2021 1:37pm
208 Views
Post# 34241395

RE:RE:RE:Don't even know how to head this

RE:RE:RE:Don't even know how to head thisPurchase of existing shares is not required for the proposed transaction. Instead, the plan states that Harte will cancel all of its issued and outstanding shares (except the "Subscribed Shares") for no consideration so that the subscriber holding the "Subscribed Shares" will become the sole shareholder.
Unless someone comes up with a superior bid with different terms, no transaction of the current shares is involved.

That said delayed delisting is a good thing: at least the management will continue to be bound by TSX's stricter policies on filing requirements and shareholder communication. They are already treating us like pariah --- the latest release is yet to appear on the website, has not been sent to the mailing list etc.
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