Northwire Canada EditionFriday, July 10, 2026
Northwire
S 0.160 +33.3% NNX 0.035 +0.0% ABX 52.03 −0.4% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.37 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.52 +1.4% SGZ 0.040 −11.1% GRSL 0.305 −4.7% DEX 0.380 −1.3% WMS 0.040 +0.0% S 0.160 +33.3% NNX 0.035 +0.0% ABX 52.03 −0.4% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.37 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.52 +1.4% SGZ 0.040 −11.1% GRSL 0.305 −4.7% DEX 0.380 −1.3% WMS 0.040 +0.0%
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 →

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