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Golden Harp Resources Inc (2)
Symbol GHR
Shares Issued 29,967,486
Close 2024-10-25 C$ 0.05
Market Cap C$ 1,498,374
Recent Sedar Documents

Golden Harp investor Young acquires 696,328 shares

2024-10-29 02:24 ET - News Release

Subject: Press Release/News Attached for Distribution on Stockwatch.com PDF Document

File: Attachment Timothy A. Young Press release (2024-10-28).pdf

TIMOTHY A. YOUNG

595 Burrard Street, Suite 3123 Vancouver, British Columbia V7X 1J1

FOR IMMEDIATE RELEASE

October 28, 2024 Timothy A. Young ("Young") announces that on October 25, 2024, he acquired ownership and control over 696,328 common shares (the "Shares") of Golden Harp Resources Inc. (the "Company"), of 595 Burrard Street, Suite 3123, Vancouver, British Columbia, V7X 1J1 pursuant to a share purchase agreement with the Company's former Chief Executive Officer and director, Shaun Maskerine. The Shares were acquired at a price of $0.05 per Share, for total consideration of $34,816.40

Immediately prior to the acquisition of the Shares, Young had beneficial ownership and control of an aggregate of 23,297,828 common shares, representing approximately 78% of the Issuer's issued and outstanding common shares.

Immediately after the acquisition of the Shares, Young had beneficial ownership and control of an aggregate of 23,994,156 common shares, representing approximately 80% of the Issuer's issued and outstanding common shares.

The acquisition of the Shares pursuant to the share purchase agreement is exempt from the take- over bid requirements set out in National Instrument 62-104 -- Take-Over Bids and Issuer Bids ("NI 62-104"), pursuant to the "private agreement exemption" under Section 4.2 of NI 62-104. Young is entitled to rely on this exemption as: (i) purchases are being made from not more than 5 persons in the aggregate; (ii) the bid is not being made generally to holders of the common shares; and (iii) the consideration paid for the Shares is not greater than 115% of the market price of common shares (as determined in accordance with NI 62-104).

Young acquired the Shares for investment purposes and may from time to time, increase or decrease his ownership position in the future in the market or privately as circumstances warrant. A copy of the early warning report filed by Young in connection with the acquisition of the Shares is available on the SEDAR website at www.sedar.com or by contacting the Company's Chief Financial Officer, Kyle Takeuchi, at (778) 230-6166.

"Timothy A. Young" Timothy A. Young

Neither the 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.

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