Harvest Gold Announces Share Issuance Pursuant to Mineral Option Agreement
HARVEST GOLD CORPORATION Suite 400 – 1681 Chestnut Street Vancouver, BC V6CJ 4M6
T: (604) 737-2303 F: (604) 737-1140 E: [email protected] W: www.harvestgoldcorp.com
HARVEST GOLD ANNOUNCES SHARE ISSUANCE PURSUANT TO MINERAL OPTION AGREEMENT
Vancouver, British Columbia/ December 30, 2024 - Harvest Gold Corporation (TSXV: HVG) (“Harvest Gold” or the “Company”) announces that it has issued 2,000,000 common shares (the “Shares”) at a deemed price of $0.03 per Share pursuant to a mineral property option agreement (the “Option Agreement”) entered into with Vior Inc. on December 18, 2023, with respect to the Mosseau Property. The issuance of Shares represents the third payment required pursuant to the Option Agreement.
The Mosseau Property spans 147 claims totaling 7265.88 hectares (72.66 km2), which includes a 17.7 km long gold-bearing structure running through the length of the property. Mosseau adjoins the Urban Barry Greenstone Belt of the Abitibi Region of Quebec.
The Shares are subject to the Exchange Hold Period and a four-month and one day hold period pursuant to securities laws in Canada expiring on May 1, 2025.
About Harvest Gold Corporation
Harvest Gold is focused on exploring for near surface gold deposits and copper-gold porphyry deposits in politically stable mining jurisdictions. Harvest Gold’s board of directors, management team and technical advisors have collective geological and financing experience exceeding 400 years.
Harvest Gold acknowledges that the Mosseau Gold Project straddles the Eeyou Istchee-James Bay and Abitibi territories. Harvest Gold is committed to developing positive and mutually beneficial relationships based on respect and transparency with local Indigenous communities.
ON BEHALF OF THE BOARD OF DIRECTORS
Rick Mark President and CEO Harvest Gold Corporation
For more information please contact:
Rick Mark or Jan Urata @ 604.737.2303 or [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information
This news release includes certain statements that may be deemed "forward looking statements". All statements in this news release, other than statements of historical facts, that address events or developments that Harvest Gold expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.
Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forwardlooking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.