Harvest Gold Announces the Closing of a Second Tranche of its Non-brokered Private Placement; Asks JV partner Evrim Resources for Final Drill Budget
NEWS RELEASE
Harvest Gold Announces the Closing of a Second Tranche of its
Non-brokered Private Placement; Asks JV partner Evrim Resources for Final Drill Budget
Vancouver, British Columbia / June 22, 2018 – Harvest Gold Corporation (TSX.V: HVG) (the “Company”) is
pleased to announce that, further to its news release of June 8, 2018, it has closed a second tranche of its non-brokered
private placement (the “Private Placement”) issuing an additional 2,992,000 units (“Units”) at a price of $0.05 per
Unit, raising additional gross proceeds of CDN$149,600 for a total of CDN$479,600 gross proceeds raised to this
point in the Private Placement. Each Unit consists of one common share and one transferable common share purchase
warrant exercisable at $0.10 per share for a period of two years.
The Company paid finder’s fees of 8% cash and 8% warrants to PI Financial Corp on certain funds. The net proceeds
will be set aside for upcoming Joint Venture exploration expenditures at Cerro Cascaron in Mexico.
Harvest has asked JV partner Evrim Resources (TSXV: EVM), whereby Harvest can earn up to 80% of Cerro
Cascaron, to provide Harvest with the detailed budget and schedule for the agreed to 3000 metre drill program at the
Mexican property.
All securities issued pursuant to the private placement are subject to a statutory four-month hold period.
The securities offered pursuant to the private placement have not been, and will not be, registered under the United
States Securities Act of 1933, as amended or any U.S. state securities laws and may not be offered or sold in the
United States or to United States persons absent registration or any applicable exemption from the registration
requirement of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute
an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction
in which such offer, solicitation or sale would be unlawful.
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
@ 604.682.2928 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.
HARVEST GOLD CORP.
Suite 804 – 750 West Pender Street
Vancouver, BC V6C 2T7
T: (604) 682-2928
F: (604) 685-6905
W: www.harvestgoldcorp.com