Harfang Completes a Flow Through Private Placement
04 11월 2021 - 6:17AM
Harfang Exploration Inc. (“
Harfang” or the
“
Corporation”) (TSX-V: HAR) announces today the
closing of a non-brokered private placement.
The private placement (the
“Offering”) consists in the issuance of 1,089,007
flow-through common shares (the “FT Shares”) at a
price of $0.45 per FT Share for an amount of $490,053.
Reporting insider of the Corporation
participated in the Offering of FT Shares for proceeds of $20,250
under the same terms and conditions as the other investors. The
participation of the insider is exempt from the formal valuation
and shareholder approval requirements under Regulation 61-101
respecting Protection of Minority Holders in Special Transactions.
The exemption is based on the fact that the market value of such
participation or the consideration paid by such insider does not
exceed 25% of the market capitalization of the Corporation.
All securities issued in connection with this
Placement are subject to a hold period of four months and one day.
The Offering is subject to the approval of the TSX Venture
Exchange.
Finders fees aggregating $16,702 were paid to
third parties dealing at arm’s length with Harfang.
Harfang benefits from all the investment
necessary to pursue the exploration work at Serpent.
About Harfang
Harfang is a mining exploration company whose
primary mission is to discover new gold districts in the province
of Québec. Harfang’s development model is based on the generation
of new mining projects and on the establishment of partnerships
with major exploration and mining companies to advance its
exploration projects.
Forward-Looking Statements
This press release may contain forward-looking
statements that are subject to known and unknown risks and
uncertainties that could cause actual results to vary materially
from targeted results. Such risks and uncertainties include those
described in Harfang’s periodic reports including the filings made
by Harfang from time to time with securities regulatory
authorities.
This press release does not constitute an offer
to sell or the solicitation of an offer to buy any securities in
any jurisdiction. The securities described herein may not be
offered or sold in the United States absent registration or an
exemption from registration.
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.
For more information, please contact:
Harfang Exploration
Inc.François Goulet, President and Chief Executive Officer
Tel: 514 940-0670 #339Email : fgoulet@harfangexploration.com
Harfang Exploration (TSXV:HAR)
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