Vancouver, BC, November 21, 2016 ‑ Harvest Gold Corporation (TSX.V: HVG) (the 'Company'). Further to its news release of September 12, 2016, the Company announces that it raised a total of $1,291,200 by the issuance of a total of 23,824,000 units at $0.05 per unit, with each unit comprised of a share and a warrant entitling the holder to acquire a further share for a term of two years (the 'Private Placement').
In addition to the first tranche of the Private Placement referenced in the September 12, 2016 news release, which inadvertently referred to 23,724,000 units ($1,186,200) as opposed to 24,524,000 ($1,226,200), the Company issued a further 100,000 units ($5,000) on October 7, 2016 and 1,200,000 units ($60,000) on October 18, 2016. These units are subject to hold periods expiring February 8, 2017 and February 19, 2017 respectively.
Proceeds from the Private Placement will be applied to the costs of the acquisition of Canasur Gold Ltd., to the exploration of the Company's newly acquired mineral properties in Suriname and to general working capital.
ON BEHALF OF THE BOARD OF DIRECTORS
Rick Mark,
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.