TORONTO, ONTARIO--(Marketwired - Sept. 21, 2015) - HARTE GOLD CORP. ("Harte Gold") (TSX:HRT)(FRANKFURT:H4O) has raised gross proceeds of $697,500 pursuant to the initial closing of a non-brokered private placement of up to 20,000,000 Units priced at $0.05 and 25,000,000 Flow-Through Units priced at $0.06 for gross proceeds of up to $2,500,000.

Harte Gold issued 6,134,000 Units at $0.05 per Unit. Each Unit consists of one common share and one-half common share purchase warrant. Each full warrant is exercisable at $0.15 for a period of eighteen (18) months from closing. Harte Gold also issued 6,516,666 Flow-Through Units ("FT Unit") at $0.06 per FT Unit. Each FT Unit consists of one common share and one-quarter common share purchase warrant. Each full warrant is exercisable at $0.15 for a period of eighteen (18) months from closing.

Finder's fees payable under the private placement consist of a cash payment equal to 6% of cash raised and that number of common share purchase warrants equal to 6% of the number of Units and FT Units issued pursuant to certain orders, for a total of $8,520 and 142,000 warrants. Finder's warrants are exercisable at $0.06 for a period of eighteen (18) months from closing.

All common share purchase warrants issued under the private placement are subject to an accelerated expiry provision. Should the closing price of Harte Gold common shares on the Toronto Stock Exchange be equal to or greater than $0.20 for 10 consecutive trading days any time after closing, Harte Gold may accelerate the expiry date of the warrants by giving notice to the warrant holders through the issuance of a press release. The warrants will expire on the 30th day after the date on which such notice is given.

Proceeds from the private placement will fund exploration on Harte Gold's Ontario properties as well as development work related to the advanced exploration project at its 100% owned Sugar Zone property and, general corporate purposes. The private placement will remain open until October 9, 2015 to close further placement orders.

Drill Program

Harte Gold recently completed a 2,000 meter drill program which consisted of an in-fill program focused on the Bulk Sample area of the Sugar Zone Deposit and a step-out program to test gold mineralization parallel to the proposed ramp in order to assess the potential of accessing mineralized material sooner than currently planned. Drill results from the above program should be received over the next two weeks.

Bulk Sample Update

Roadwork has been completed to the Portal and a Lay-Down area covering approximately 2 hectares has been levelled, graded and graveled. The portal has been completed to the face and is ready for underground development. Pursuant to the development of the approach to the Portal, Harte Gold has mined and stockpiled approximately 300 tonnes of mineralized "Lower Zone" material which will be included in the first 5,000 tonnes of material shipped to Barrick's Hemlo Mill for processing.

Preliminary Economic Assessment

Harte Gold also announced it has re-filed the NI 43-101 Technical Report on the Preliminary Economic Assessment ("PEA") of the Sugar Zone Project prepared by NordMin Engineering Ltd. and originally filed on Sedar July 13, 2012, pursuant to a review by the Ontario Securities Commission of Harte Gold's continuous disclosure which review noted certain Consents and Certificates required filing. The PEA has not been updated other than to include the Consents and Certificates referenced above together with a Notice to Reader which outlines the reasons for the re-filing and notes that Harte Gold has acted on certain of the recommendations in the PEA.

About Harte Gold Corp.

Harte Gold Corp. is focused on the exploration and development of its 100% owned Sugar Zone property where it has permitted an advanced exploration 70,000 tonne bulk sample project for the Sugar Zone Deposit. The mine access road and portal development have been completed and mining is scheduled to begin Q4 2015. The Sugar Zone property is located 60 kilometers east of the Hemlo Gold Camp and as per 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. George A. Flach P. Geo, Vice President Exploration is the Qualified Person for Harte Gold. Harte Gold also holds the Stoughton-Abitibi property located on the Destor-Porcupine Fault Zone which is adjacent to and on strike of St. Andrew Goldfield's Holloway Gold Mine in the Timmins, Ontario Porcupine gold camp.

Common Shares Outstanding: 269,901,698

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information:

Harte Gold Corp.
Stephen G. Roman
President and CEO

Harte Gold Corp.
David Ellis
Investor Relations Consultant