TORONTO, ONTARIO--(Marketwired - June 7, 2017) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

HARTE GOLD CORP. ("Harte Gold" or the "Company") (TSX:HRT)(OTC:HRTFF)(FRANKFURT:H4O) is pleased to announce it has entered into an agreement with a syndicate of underwriters ("the Underwriters") led by Macquarie Capital Markets Canada Ltd., pursuant to which the Underwriters have agreed to purchase 32,258,500 common shares ("Common Shares") at a price of $0.62 per Common Share, on a bought deal private placement basis, for aggregate gross proceeds to the Company of approximately $20 million (the "Offering").

The Company has also granted the underwriters an option to purchase up to an additional 8,065,000 Common Shares in the capital of the Company to be sold pursuant to the Offering, exercisable at any time prior to the Closing Date, for additional gross proceeds of $5 million.

The net proceeds received from the Offering will be used to advance the development of the Sugar Zone Property, for regional exploration, and for general corporate purposes.

The Offering is scheduled to close on or about June 27, 2017 and is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the Toronto Stock Exchange and the securities regulatory authorities.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Harte Gold Corp.

Harte Gold Corp. is focused on the exploration and development of its 100% owned Sugar Zone property where it has recently completed a 70,000 tonne Advanced Exploration Bulk Sample at the Sugar Zone Deposit and received a phase I Production Permit. The Sugar Zone property is located 80 kilometres east of the Hemlo Gold Camp. The Preliminary Economic Assessment dated July 12, 2012, contains an Indicated Resource of 980,900 tonnes, grading 10.13 g/t for 319,280 ounces of contained gold (uncapped) and an Inferred Resource of 580,500 tonnes, grading 8.36 g/t Au for 155,960 ounces of contained gold (uncapped). The mineral resource was prepared in compliance with NI 43-101 guidelines. Harte Gold also holds the Stoughton-Abitibi property located on the Destor-Porcupine Fault Zone adjacent and on strike of the Holloway Gold Mine.