Harvest Gold Announces Share Issuances/Cash Payment Pursuant To Its Mosseau And Urban Barry Mineral Option Agreements

Executive Summary

• Harvest Gold Corporation issued a total of 2,250,000 common shares at a deemed price of $0.06 per share pursuant to amended mineral property option agreements with Vior Inc. (Mosseau property) and EGR Exploration Ltd. (Urban Barry property).
• The company also paid $100,000 cash to Vior Inc. as part of the Mosseau agreement.
• All issued shares are subject to a four‑month‑and‑one‑day hold period under Canadian securities laws, expiring on April 30 2026.

Key Details

• Mosseau Property – Vior Inc.: 2,000,000 common shares issued at $0.06 per share (aggregate deemed proceeds of $120,000).
• Urban Barry Property – EGR Exploration Ltd.: 250,000 common shares issued at $0.06 per share (aggregate deemed proceeds of $15,000).
• Cash Consideration: Harvest Gold paid $100,000 to Vior Inc. pursuant to the Mosseau option agreement.
• Hold Restrictions: Shares are subject to an Exchange Hold Period and a four‑month‑and‑one‑day hold period under Canadian securities laws, expiring 30 April 2026.
• Property Descriptions:
• Mosseau – 147 claims covering 7,265.88 ha (72.66 km²) with a 17.7 km gold‑bearing structure; located in the Abitibi Region of Quebec.
• Urban Barry – Located in Ralleau and Wilson townships, Eeyou Istchee James Bay/Abitibi region, Quebec.
• Strategic Context: The issuances are tied to option agreements that grant Harvest Gold rights to explore the Mosseau and Urban Barry properties, expanding its portfolio of near‑surface gold and copper‑gold porphyry targets.

Notable Quotes

• “These transactions provide us with valuable consideration while advancing our strategic focus on high‑potential gold projects in Quebec.” – Rick Mark, President and CEO, Harvest Gold Corporation