Inactive Instrument

Harte Gold Corp.

Equities

HRT

CA4161901067

Harte Gold : Provides Update on Strategic Review Process and Announces Resignation of Appian Nominees from Harte Gold’s Board of Directors

July 20, 2021 at 09:36 am EDT

July 20, 2021

Toronto - July 20, 2021 - HARTE GOLD CORP. ('Harte Gold' or the 'Company') (TSX: HRT / OTC: HRTFF / Frankfurt: H4O) announced today an update to its strategic review process and the resignation of Appian's nominees from its board of directors (the 'Board').

Strategic Review Process

On May 13, 2021, the Company announced it would be initiating a strategic review process to explore, review and evaluate a broad range of alternatives focused on ensuring the Company's financial liquidity and to fund accelerated life-of-mine capital.

As announced on June 8, 2021, the Board established a Strategic Committee to support management in evaluating all strategic alternatives. The Strategic Committee members were Joseph Conway (Chair), Douglas Cater and Geoffrey Cohen.

To support the continuation of the strategic review process, the Board established a Special Committee, comprised of the Company's independent directors, Joseph Conway and Douglas Cater, yesterday.

There can be no assurance that the strategic review process will result in any transaction or, if a transaction is concluded, what the terms or timing of such a transaction will be. The Company will provide an update when further disclosure is required or otherwise appropriate.

Resignation of Appian Nominees

The Board received resignations from Appian's nominees to the Board (Michael Scherb, Geoffrey Cohen and Igor Gonzales) late yesterday evening. The resignations are effective immediately.

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Harte Gold Corp. published this content on 20 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 July 2021 13:35:08 UTC.

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Company Profile

Harte Gold Corp is a Canada-based gold mining company with assets in one of the prolific gold-producing regions of Canada. The Company's properties include Sugar Zone property and Stoughton-Abitibi property. The Sugar Zone property is located in the Dayohessarah Greenstone Belt of late Archean (ca. 2.7 Ga) age that is part of the Abitibi-Wawa Subprovince of the Superior Province. The Sugar Zone property, which encompasses approximately 81,287 hectares covering a significant greenstone belt. The Stoughton-Abitibi property, which is located over 110 kilometers east of Timmins and approximately 50 kilometers northeast of Kirkland Lake, Ontario, and 10 kilometers due east of the Holloway-Holt gold mine and mill. The property is comprised of 101 claim units made up of 17 unpatented, contiguous claims covering a total area of 1,646 hectares.

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