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The company said additional flow-through proceeds of $3.8 million took the bought deal private placement financing announced last week to $30.8 million, with a total of 63.8 million new shares issued.
Harte has also granted Cantor Fitzgerald an option to buy a further 15% of its common and flow-through shares, exercisable before the December 22 placement closing date, for additional gross proceeds of up to C$4.6 million.
The company is looking to start commercial production at Sugar Zone next year, and is continuing a large-scale extensional and more regional exploration program aimed at significantly expanding the current resource base at the project.
