Harvest Gold Announces Non-Brokered Private Placement To Fund 2026 Drill Program On Its Flagship Mosseau Property

About this update from Harvest Gold Corporation

  Vancouver, British Columbia / May 29, 2026 - TheNewswire ‑ Harvest Gold Corporation (TSXV: HVG) (“Harvest Gold” or the “Company”) announces that, subject to the approval of the TSX Venture Exchange (the “Exchange”), it is proceeding with a non-brokered private placement to raise aggregate gross proceeds of approximately $2,400,000 (the “Offering”). Under the Offering, the Company will raise up to approximately $1,100,000 through the issuance and sale of units of the Company (the “Units”) at a price of $0.05 per Unit, and up to approximately $1,300,000 through the issuance and sale of charity flow-through units (the “CFT Units”) at a price of $0.069 per CFT Unit. Each CFT Unit is comprised of one common share of the Company (each, a “Common Share”) and one common share purchase warrant of the Company (a “Warrant”), each of which qualifies as a “flow-through share” (within the meaning of subsection 66(15) of the Income Tax Act (Canada) and 359.1 of the Taxation Act (Québec)). Each Unit consists of one Common Share and one Warrant. Each Warrant entitles the holder thereof to acquire one Common Share (each, a “Warrant Share”) at a price of $0.09 per Warrant Share for a period of three (3) years following the closing date of the Offering. The Company anticipates using the proceeds from the issue and sale of the Units for the 2026 drilling campaign, various exploration expenses and general working capital. The gross proceeds raised from the CFT Units will be used by the Company to incur eligible “Canadian exploration expenses” that qualify as “flow-through mining expenditures” (as both terms are defined in the Income Tax Act (Canada)) (the “Qualifying Expenditures”) related to the Company’s projects in Québec. The Company will renounce Qualifying Expenditures with an effective date of no later than December 31, 2026, in an amount of not less than the total amount of the gross proceeds raised from the issuance of the CFT Units, and incur such expenses by December 31, 2027. All securities issued will be subject to a four-month hold period pursuant to securities laws in Canada and, where applicable, the Exchange Hold Period.  Finders’ fees may be payable to qualified parties.   About Harvest Gold Corporation Harvest Gold is focused on exploring for near-surface gold deposits and copper-gold porphyry deposits in politically stable mining juris...

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