Harte Gold Corp. announced that it has been advised that BNP Paribas has assigned its rights and obligations in its capacity as lender under the Amended and Restated Credit Agreement made as of August 28, 2020 and the Forbearance Agreement made as of July 30, 2021 to a wholly-owned subsidiary of Silver Lake Resources Limited. Silver Lake has stated in its news release of earlier that it "intends to work cooperatively with Harte Gold and its stakeholders to deliver an outcome which will provide the best opportunity to realize the full potential of the Sugar Zone mine and the associated land package". Pursuant to the terms of the Forbearance Agreement, Silver Lake cannot, subject to certain terms and conditions, enforce its rights and remedies under the Credit Agreement until November 30, 2021. There can be no assurance that the Forbearance Agreement will be further extended by Silver Lake or, if it is extended, what the terms of such further extension will be. If the Forbearance Agreement is not extended at the end of the Forbearance Period, Silver Lake will have the right to demand immediate repayment of all outstanding indebtedness under the Credit Agreement and to initiate steps to enforce its rights. The Strategic Review Process has not yet resulted in any binding offers being received by the Company. There can be no assurance that the Strategic Review Process will result in a transaction, what the value of any transaction might be, what the terms or timing of such a transaction might be or that the Company will be able to continue as a going concern.