Harte Gold Announces Private Placement Closings

TORONTO, ONTARIO--(Marketwired - Jan. 23, 2015) - HARTE GOLD CORP. ("Harte Gold") (TSX:HRT)(FRANKFURT:H4O) has raised gross proceeds of $956,480 including $250,000 pursuant to the closing today (previous closing December 23, 2014) of a non-brokered private placement of up to 5,000,000 Units priced at $0.05 and 12,500,000 Flow- Through Units priced at $0.06 for gross proceeds of up to $1,000,000. Harte Gold issued 5,000,000 Units at $0.05 per Unit. Each Unit consists of one common share and one common share purchase warrant, exercisable at $0.15 for eighteen (18) months from closing. No Finder's fees are payable in connection with the final closing.

Harte Gold also announced it has raised gross proceeds of $270,100 pursuant to the initial closing of a non- brokered private placement of up to 5,000,000 Units priced at $0.06 each. Units consist of one common share and one common share purchase warrant exercisable at $0.15 for a period of eighteen (18) months from closing. Finder's fees payable in connection with this closing consist of a cash payment equal to 5% of cash raised and that number of common share purchase warrants equal to 5% of the number of Units issued pursuant to certain orders in the private placement, for a total of $11,055 and 184,250 warrants. Finder's warrants are exercisable at $0.08 for eighteen (18) months from closing.

All common share purchase warrants issued under the private placements 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 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 30^th day after the date on which such notice.

Proceeds from the private placement will fund exploration on Harte Gold's Ontario properties as well as permitting and development work related to the advanced exploration project at its 100% owned Sugar Zone property and, general corporate purposes.

About Harte Gold Corp.

Harte Gold Corp. is focused on the exploration and development of its 100% owned Sugar Zone property and is currently permitting an advanced exploration program for the Sugar Zone Deposit. The Sugar Zone property is located 60 kilometers east of the Hemlo Gold Camp and as of February 2011, 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.

Harte also holds the Stoughton-Abitibi property located on the Destor-Porcupine Fault Zone which is directly adjacent to and on strike of St Andrew Goldfield's Holloway Gold Mine and its high grade "Deep Smoke Discovery" in the Timmins, Ontario Porcupine gold camp.

Common Shares Outstanding: 256,742,199

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