Harvest Gold Corporation (HVG – TSX.V)
December 24,
2007 (the “Company”) is pleased to announce that due to strong response
from
investors, the Company has further increased its non-brokered private
placement
financing to $375,000 from $300,000 as set out in the Harvest Gold news
releases
dated December 18 and December 21, 2007. The amended financing will be
completed
through the issuance of up to 1,500,000 units at a price per unit of
$0.25 for
gross proceeds of $375,000. Each unit will consist of one flow through
common
share and one share purchase warrant. Each warrant will be exercisable
into one
common share for a period of one year from the closing of the placement
at an
exercise price of $0.35 per share. The financing is subject to
regulatory
approval.
The gross proceeds from the offering will be used to finance exploration
activities in Manitoba, Canada.
About Harvest Gold Corp.
Harvest Gold Corporation is a gold focused exploration company working
in
Nevada, USA and Manitoba, Canada. In Nevada, the Company is exploring
the
Rosebud Mine Project, a past producing mine in northwest Nevada, a large
generative gold property at Garcia Flats in the South Carlin Trend, and
an
advanced property with a gold-silver resource at the Longstreet Mine, in
Northern Nye County. Harvest is also exploring claims in Manitoba,
Canada at the
Rice Lake Gold Belt, and is Joint Ventured with Canadian Gold Hunter
Corp (CGH.TSX)
at the Assean Lake Gold Project.
ON BEHALF OF THE BOARD OF DIRECTORS
Rick Mark
CEO & Chairman
For More Information
please
contact :
Keith Patey
Director of Communications
Telephone: (604) 986-2020
Toll Free: 1-866-816-0118 |
Dan Boase,
First Canadian
Capital Corp.
dboase@firstcanadiancapital.com
Telephone: (416)
742-5600 ext. 232
Toll Free:
1-866-580-8891 |
The TSX Venture Exchange
does not
accept responsibility for the
adequacy or accuracy of
this News
Release.
|