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HVG.V ·

Harvest Gold Announces Non-Brokered Private Placement

Financings

NOT FOR DISTRIBUTION OR DISSEMINATION TO THE UNITED STATES

Harvest Gold Announces Non-Brokered Private Placement

Vancouver, B C – June 11, 202 1 – Harvest Gold Corporation (“Harvest Gold ” or the

“Company”) (TSXV: HVG) is pleased to announce a non-brokered private placement of up to

5,000,000 units ( each a “Unit”) at a price of $0.20 per Unit to raise gross proceeds of up to

$1,000,000 (the “Offering”).

Each Unit will consist of one (1) common share in the capital of the Company ( each a “Share”)

and one transferable common share purchase warrant (each a “ Warrant”). Each Warrant will

entitle the holder to purchase one (1) additional Share of the Company (a “Warrant Share”) at

an exercise price of $0.30 per Warrant Share for a period of two years from the closing date of the

Offering, provided that in the event that the cl osing price of the Company’s Shares on the TSX

Venture Exchange (or such other exchange on which the Company’s Shares may become traded)

is $0.50 or greater per Share during any twenty (20) consecutive trading day perio d at any time

subsequent to four months and one day after the closing date, the Warrants will expire at 4:00 p.m.

(Vancouver time) on the 30 th day after the date on which the Company provides notic e of such

accelerated expiry to the holders of the Warrants.

No finder’s fees or commissions will be paid in connection with the Offering.

The Company intends to use the proceeds from the Offering for exploration on the Company’s

Emerson, Goathorn and Jacobite projects in Central British Columbia, consultation with First

Nations in the area of the Company’s mineral projects, shareholder and investor communications,

and general administrative expenses.

All securities issued in the private placement will be subject to a statutory hold period expiring

four months and one day from the closing date of the Offering. Additional resale restrictions and

legends may apply in the United States and other jurisdictions.

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]

HARVEST GOLD CORP.

Suite 400 – 1681 Chestnut Street

Vancouver, BC V6J 4M6

T: (604)737-2303

F: (604) 737-1140

E: [email protected]

W: www.harvestgoldcorp.com

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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.

The securities referred to in this news release have not been, nor will they be, registered under the United States

Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account

or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration

requirements.

This news release does not constitute an offer for sa le of securities for sale, nor a solicitation for offers to buy any

securities. Any public offering of securities in the United State s must be made by means of a prospectus containing

detailed information about the company and management, as well as financial statements.