Harvest GOLD Announces Non-Brokered Private Placement
NOT FOR DISTRIBUTION OR DISSEMINATION TO THE UNITED STATES
HARVEST GOLD ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
Vancouver, British Columbia / July 3, 2025 - Harvest Gold Corporation (TSXV: HVG)
(“Harvest Gold” or the “Company”) announces that, subject to the approval of the TSX Venture
Exchange (the “ Exchange”), it is proceeding with a non -brokered private placement to raise
aggregate gross proceeds of approximately $2,200,000 (the “Offering”). Under the Offering, the
Company will raise up to approximately $800,000 through the issuance and sale of units of the
Company (the “Units”) at a price of $0.075 per Unit, and up to approximately $1,400,000 through
the issuance and sale of charity flow-through units (the “CFT Units”) at a price of $0.105 per CFT
Unit.
Each CFT Unit is comprised of one common share of the Company (each, a “Common Share”)
and one common share purchase warrant of the Company (a “Warrant”), each of which qualifies
as a "flow-through share" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)
and 359.1 of the Taxation Act (Québec)). Each Unit consists of one Common Share and one
Warrant. Each Warrant entitles the holder thereof to acquire one Common Share (each, a
“Warrant Share”) at a price of $0.12 per Warrant Share for a period of two years following the
closing date of the Offering.
The Company anticipates using the proceeds from the issue and sale of the Units for the 2025 drilling
campaign, various exploration expenses and general working capital.
The gross proceeds raised from the CFT Units will be used by the Company to incur eligible
"Canadian exploration expenses" that qualify as "flow -through mining expenditures" (as both
terms are defined in the Income Tax Act (Canada)) (the "Qualifying Expenditures") related to the
Company's projects in Québec. The Company will renounce Qualifying Expenditures with an
effective date of no later than December 31, 2025, in an amount of not less than the total amount
of the gross proceeds raised from the issuance of the CFT Units, and incur such expenses by
December 31, 2026.
All securities issued will be subject to a four-month hold period pursuant to securities laws in Canada
and, where applicable, the Exchange Hold Period. Finders’ fees may be payable to qualified parties.
About Harvest Gold Corporation
Harvest Gold has three active gold projects focused in the Urban Barry area, totalling 329 claims
covering 17,539.25 ha, located approximately 45-70 km east of the Gold Fields Windfall Deposit.
The Company’s board of directors, management team and technical advisors have collective
geological and financing experience exceeding 400 years.
HARVEST GOLD CORPORATION
Suite 400 – 1681 Chestnut Street
Vancouver, BC V6CJ 4M6
T: (604) 737-2303
F: (604) 737-1140
W: www.harvestgoldcorp.com
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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 forwa rd 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 forward -looking 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.
The securities referred to in this news release have not been, and will not be, registered under the United States
Securities Act of 1933, as amended (the “U.S. Securities Act”), or any applicable securities laws of any state of
the United States, and may not be offered or sold within the United States or to, or for the account or benefit
of, U.S. persons (as such term is defined in Regulation S under the U.S. Securities Act) or persons in the United
States unless registered under the U.S. Securities Act an d any other applicable securities laws of the United
States or an exemption from such registration requirements is available.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any of these securities
within any jurisdiction, including the United States. Any public offering of securities in the United States must
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be made by means of a prospectus containing detailed information about the company and management, as
well as financial statements.