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Financings

Harfang closes $1.12-million private placement

By The Northwire Desk — AI Analysis Nov 19, 2025 · 20:37 HAR · 0.07 Harfang Exploration Inc.
HAR · Price

Executive Summary

  • Harfang Exploration Inc. has completed a non-brokered private placement of flow-through common shares, raising gross proceeds of $1,125,000.
  • The financing consists of two tranches: Quebec flow-through shares issued at 10.5 cents and Ontario flow-through shares issued at 9.5 cents.
  • Proceeds are designated for advancing exploration projects in Quebec and Ontario, with finders' fees paid in common shares.

Key Details

  • Total Gross Proceeds: $1,125,000
  • Total Shares Issued: 11,441,104 flow-through common shares
  • Quebec Tranche:
    • Quantity: 3,809,524 shares
    • Price: 10.5 cents per share
  • Ontario Tranche:
    • Quantity: 7,631,580 shares
    • Price: 9.5 cents per share
  • Use of Proceeds: To advance the company's portfolio of exploration projects in Quebec and Ontario.
  • Finder's Fees: 1,058,823 common shares paid to third parties dealing at arm's length.
  • Hold Period: All securities are subject to a hold period of four months and one day.
  • Regulatory Status: The offering is subject to approval by the TSX Venture Exchange.
Read the original news release →

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