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Harte Gold Announces Deferral of Debt and Provides Update on its Upcoming Filings

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Harte Gold Announces Deferral of Debt and Provides Update on its Upcoming Filings

Toronto, ON: HARTE GOLD CORP. (“Harte Gold” or the “Company”) (TSX: HRT / OTC: HRTFF / Frankfurt: H4O) is pleased to announce an agreement in principle has been reached with BNP Paribas (“BNPP”), the Company’s senior lender, on deferral of debt payments, which should provide additional financial flexibility for a restart of the Sugar Zone Mine.

The Company also announces it will postpone the filing of its interim financial statements and management’s discussion and analysis (“MD&A”) for the three-month period ended March 31, 2020 (“Q1 2020”).  The Company intends to rely on the blanket relief granted by Ontario Instrument 51-502 – Temporary Exemption from Certain Corporate Finance Requirements, which provides for up to a 45-day extension for periodic filings.  Management expects to file interim financial reports on or before May 22, 2020.

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