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Harvest Gold Corporation Announces
Financing
March 17, 2006
Vancouver,
British Columbia, Canada. March 17, 2006. Harvest Gold Corporation (HVG
- TSX-V) (the “Company”) has arranged, on a non-brokered basis, to raise up
to $330,000 by the issuance of 2,200,000 units at a price of $0.15 per unit,
each unit consisting of one common share and one share purchase warrant. Each
warrant entitles the holder thereof to purchase one common share of the Company
at a price of $0.22 for a period of one year from closing. Finders’ fees of up
to 10% in cash or shares, or a combination of both, may be paid in conjunction
with this placement and in accordance with the TSX Venture policies.
Proceeds from this
financing will be used for exploration activities on the Company’s Rice Lake
Gold Belt properties in Manitoba and to investigate additional gold
opportunities in Nevada, USA. This financing is subject to regulatory approval.
Harvest Gold
Corporation is a mineral exploration company focused on the acquisition and
development of gold and gold-silver exploration opportunities in Canada and the
United States. Presently the Corporation has option agreements on the Longstreet
Mine Gold/Silver Property in Nye County, Nevada, USA and two Gold Properties in
the Rice Lake Gold Belt near Bissett, Manitoba. It also has a 40% interest in
the Assean Lake Gold Property, operated by JV partner Canadian Goldhunter
(CGH-T).
For more
information call (604)986-2020 or toll free 1-866-816-0118, or visit
www.harvestgoldcorp.com.
On Behalf of the
Board of Directors,
Harvest Gold
Corporation
Richard Mark
CEO & Director
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this News Release
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