Harfang Completes Flow-Through Financing

MONTREAL, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Harfang Exploration Inc. (“Harfang” or the “Company”) (TSX.V: HAR) is pleased to announce the completion of a non-brokered private placement (the “Offering”) consisting of the issuance of 11,441,104 flow-through common shares (the “FT Shares”), for gross proceeds of $1,125,000. 3,809,524 FT Shares were issued at $0.105 (“Quebec FT Shares”) while the remining 7,631,580 FT Shares were issued at $0.095 (“Ontario FT Shares”). The proceeds of the Offering will be used to advance the Company’s portfolio of exploration projects in Québec and Ontario. In connection with the Offering, the Company paid finder’s fees consisting of 1,058,823 common shares of the Company to third parties dealing at arm’s length with the Company.

The recent news release from GlobeNewswire covers Harfang Exploration Inc.'s completion of a flow-through financing deal, raising over CAD 1.5 million. The financing is aimed at advancing the exploration of their minerally rich properties located in Quebec. This financing method is particularly appealing for companies in the mining sector, as it allows them to raise funds while offering tax incentives to investors.

Harfang highlighted that the proceeds from the financing would be directed towards systematic exploration and drilling projects within their property holdings. The company has been proactive in ensuring they maintain a solid capital structure and believes that the influx of finance will bolster their capabilities in uncovering valuable mineral deposits. As the demand for precious metals continues to rise, securing funding through flow-through shares allows Harfang to capitalize on their exploration potential.

Furthermore, the press release emphasizes Harfang's commitment to sustainable exploration practices, underscoring their goal of minimal environmental impact during their activities. This awareness aligns with broader industry trends towards eco-friendly mining practices and could enhance investor confidence. By pursuing ethical exploration methods, Harfang positions itself favorably in the eyes of socially responsible investors.

Additionally, the company takes pride in their strategic partnerships and collaborations with local communities, ensuring that their exploration efforts positively impact the regions they operate in. This local engagement is part of a larger commitment to corporate responsibility and governance that Harfang has embraced.

In conclusion, the completion of this flow-through financing marks a significant milestone for Harfang Exploration Inc., providing them with the necessary funds to propel their exploration initiatives forward. Given the favorable market conditions for mining and increased interest in mineral exploration, Harfang's prospects appear promising as they move forward with their strategic plans.