Northwire Canada EditionMonday, September 7, 2026
Northwire
GOLD 4476.60 −1.4% SILVER 66.75 −1.4% COPPER 6.68 +0.3% OIL 91.48 +0.2% PALLADIUM 1403.90 −2.5% JDN 0.230 +0.0% HVG 0.050 +0.0% AUMN 0.305 −3.2% MNRG 0.095 +0.0% SKP 0.165 +0.0% RME 0.235 +0.0% HAY 0.070 −12.5% TIGR 0.900 +0.0% BAU 0.200 −2.4% BEEP 0.215 +7.5% FOXT 0.175 +0.0% ARA 3.56 +2.0% WCU 0.175 +84.2% SGML 17.10 −2.3% TUF 0.730 −6.4% TNR 0.270 −3.6% GOLD 4476.60 −1.4% SILVER 66.75 −1.4% COPPER 6.68 +0.3% OIL 91.48 +0.2% PALLADIUM 1403.90 −2.5% JDN 0.230 +0.0% HVG 0.050 +0.0% AUMN 0.305 −3.2% MNRG 0.095 +0.0% SKP 0.165 +0.0% RME 0.235 +0.0% HAY 0.070 −12.5% TIGR 0.900 +0.0% BAU 0.200 −2.4% BEEP 0.215 +7.5% FOXT 0.175 +0.0% ARA 3.56 +2.0% WCU 0.175 +84.2% SGML 17.10 −2.3% TUF 0.730 −6.4% TNR 0.270 −3.6%
Financings Routine −

Harrys Manufacturing increases financing to $220,000

Cash-strapped manufacturer pivoting to gold exploration via dilutive private placements.

Executive Summary
  • Harrys Manufacturing Inc. announced an increase to its non-brokered private placement, raising up to $220,000.
  • The offering consists of up to 3,666,667 units priced at $0.06 per unit.
  • Each unit includes one common share and one transferable warrant exercisable at $0.10 for 24 months.
  • Proceeds are designated for development, investor relations, and general working capital.
  • The transaction is subject to CSE and regulatory approvals, with no minimum subscription amount required.
Material Impact
  • The financing is dilutive, adding ~3.67 million shares to the ~107.26 million share count.
  • The $0.06 unit price matches the recent trading range, indicating no premium to existing shareholders.
  • The capital raise is modest relative to the company's negative equity and high accounts payable, serving primarily to extend the cash runway.
  • The announcement does not introduce new operational milestones or revenue streams; it is a standard liquidity event for a cash-burning micro-cap.
HARY · Price
Company Overview
  • Harrys Manufacturing Inc. is a micro-cap company originally focused on manufacturing, currently executing a strategic pivot into gold exploration and production.
  • The company has engaged a geological consulting firm to evaluate placer gold opportunities in British Columbia.
  • Recent activity includes signing non-binding LOIs to acquire 100% interests in two BC placer claims (Beggs Upper and Patty's Rest) for $500,000, while withdrawing from negotiations on other properties.
  • The core manufacturing operations appear to be winding down, with revenue dropping to zero in the first quarter of fiscal 2026.
Read the original news release →

More from Harrys Manufacturing Inc