Financings
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.
More from Harrys Manufacturing Inc
Jun 29, 2026 · 17:21