18  Jul  2018

HARFANG ANNOUNCES THE GRANT OF STOCK OPTIONS TO DIRECTORS, OFFICERS, EMPLOYEES AND CONSULTANTS

MONTREAL, July 18, 2018 (GLOBE NEWSWIRE) — Harfang Exploration Inc. (“Harfang” or the “Corporation”) (TSX-V:HAR) announces, as of July 18, 2018, the grant of 295,000 stock options (the “Options”) to directors, officers, employees and consultants.

The Corporation granted 260,000 Options to directors, officers and two employees (François Goulet (President, Chief Executive Officer and director), André Gaumond (Chairman of the Board and director), Jean-Pierre Janson (Director), Frank Mariage (Director), Robin Villeneuve (Director), Sylvie Prud’homme (Director), François Huot (Chief Geologist), Robert Oswald, (geologist), Yvon Robert (Chief Financial Officer) and Marc Pothier (Corporate Secretary)) and 35,000 Options have been granted to consultants. These Options are governed by the Stock Option Plan of the Corporation, as currently in force.

All Options vest on their date of grant (except for the Options granted to Yvon Robert, which will vest in three (3) equal tranches) and each Option entitles the holder thereof to purchase one (1) common share of the Corporation at a price of $0.25 per common share for a period of ten (10) years from July 18, 2018.

About Harfang

Harfang is a mining exploration company whose primary mission is to discover new gold districts in the province of Québec. Harfang’s development model is based on the generation of new mining projects and on the establishment of partnerships with major exploration and mining companies to advance its exploration projects. For further information, please consult Harfang’s website at harfangexploration.com.

Forward-Looking Statements

This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Harfang’s periodic reports including the filings made by Harfang from time to time with securities regulatory authorities.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction. The securities described herein may not be offered or sold in the United States absent registration or an exemption from registration.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact:
Harfang Exploration Inc.
François Goulet, President and Chief Executive Officer
Tel: 514 940-0670 #339
Email : fgoulet@harfangexploration.com