Heliostar Announces Re-Scoping Plans for the Ana Paula Gold Deposit, Mexico
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to provide a detailed plan for the re-scoping of the Ana Paula gold deposit. This re-scope will target an improved financial outcome (Net Present Value and Internal Rate of Return) through an increase in the reserves and resources of the project and incorporation of underground mining and simplification of the mill flowsheet. The re-scoping...
2023-04-03 6:30 AM EDT
Heliostar Completes Acquisition of Ana Paula
Vancouver, British Columbia--(Newsfile Corp. - March 28, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTC Pink: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that the Company has closed its transaction with Argonaut Gold Inc. ("Argonaut") in which it has acquired, indirectly, the Ana Paula Gold Project (the "Ana Paula Gold Project"). Heliostar now holds a 100% interest in the Ana Paula Gold deposit in Mexico (the "Transaction").Heliostar CEO, Charles Funk commented, "Heliostar is now the...
2023-03-28 6:30 AM EDT
Heliostar Announces Incentive Plan Rewards
Vancouver, British Columbia--(Newsfile Corp. - March 27, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTC Pink: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") announces that, pursuant to the Company's Omnibus Equity Incentive Compensation Plan, it has granted 8,651,250 stock options ("Options") at an exercise price of $0.30 and 2,218,750 restricted share units (each, an "RSU") to directors, officers, employees and consultants of the Company. The Options are exercisable for a period of five years and will vest over the next...
2023-03-27 6:30 AM EDT
Heliostar Returns to Trading on TSX-V
Vancouver, British Columbia--(Newsfile Corp. - March 22, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTC Pink: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that trading in the Company's shares will resume at the open of the market today, March 22nd on the TSX Venture exchange.Heliostar CEO Charles Funk commented, "This is another key milestone for shareholders of the Company as we complete our transformation to become a gold developer. The Company closed a C$20.4 Million...
2023-03-22 6:30 AM EDT
Heliostar Announces Closing of C$20.4M (US$15.0M) Private Placement and Provides Ana Paula and San Antonio Transaction Updates
Vancouver, British Columbia--(Newsfile Corp. - March 17, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that further to its news releases dated December 5, 2022, January 17, 2023 and March 3, 2023, it has closed its previously announced non-brokered private placement offering (the "Offering"), of which the Company issued 92,727,272 units (each a "Unit") at a price of C$0.22 per Unit for gross aggregate proceeds of approximately C$20,400,000 (US$15,000,0001)....
2023-03-17 6:30 AM EDT
Heliostar Announces Upsize to Previously Announced Private Placement to C$20.4M (US$15M)
Vancouver, British Columbia--(Newsfile Corp. - March 3, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that, in connection with the non-brokered private placement announced on January 17th, the Company has increased the size of the previously announced offering to 92,750,000 units (each, a "Unit") of the Company at a price of C$0.22 per Unit for gross aggregate proceeds of up to approximately C$20,400,000 (US$15,000,000) (the "Offering").Each Unit will consist...
2023-03-03 4:28 PM EST
Heliostar Announces US$12,500,000 Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 17, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce a non-brokered private placement of up to 74,000,000 units (the "Units") of the Company at a price of C$0.22 per Unit for gross aggregate proceeds of up to approximately C$16,280,000 (US$12,500,000) (the "Offering").Each Unit will consist of one common share in the capital of the Company (each, a "Common Share") and one-half of one...
2023-01-17 6:30 AM EST
Heliostar to Acquire a 1.4M Ounce, Permitted Gold Deposit and Option Another 1.7M Ounce Gold Deposit in Mexico
Highlights:Heliostar has entered into definitive agreements with Argonaut Gold to acquire the Ana Paula Gold Project and option the San Antonio Gold Project in Mexico.Ana Paula is permitted for an open pit mine with measured and indicated (M&I) mineral resources of 1.46 Moz gold at 2.17 g/t gold and 3.27 Moz silver at 4.8 g/t silver.1San Antonio is a high grade oxide resource containing M&I mineral resources of 1.73 Moz of gold grading 0.83 g/t gold.2The purchase price for Ana...
2022-12-05 2:56 PM EST
Heliostar Announces Closing of $3 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 2, 2022) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that, further to its news releases dated June 23, 2022 it has closed its non-brokered private placement offering (the "Offering"). 12,020,000 units (each a "Unit") of the Company were issued at a price of $0.25 per Unit (the "Offering Price") for gross proceeds of $3,005,000.About the Private PlacementEach Unit will consist of one...
2022-08-02 6:25 PM EDT
Heliostar Announces $3 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 23, 2022) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce a non-brokered private placement of up to 12,000,000 units (the "Units") at a price of $0.25 per Unit for gross proceeds of approximately $3,000,000 (the "Offering").Each Unit will consist of one common share in the capital of the Company (each a "Common Share") and one common share purchase warrant (a "Warrant"). Each Warrant...
2022-06-23 6:30 AM EDT
Heliostar Reports Maiden Drilling Results from Cumaro Project, Mexico
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2022) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") announces gold mineralized intercepts in drilling at the 100% owned Cumaro Project in northern Sonora, Mexico. HighlightsGold mineralization encountered in 10 of 11 drill holes from the Verde Target. Intercepts include:VVDH22-090.89 gram per tonne (g/t) gold equivalent (AuEq) over 8.1 metres (m). Including,1.65 g/t AuEq over 3 m VVDH21-021.87 g/t AuEq over 1.15 mVVDH21-011.79 g/t AuEq...
2022-02-28 6:30 AM EST
Heliostar Resumes 5,000 Metre Drill Program at Cumaro, Mexico
Vancouver, British Columbia--(Newsfile Corp. - January 12, 2022) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that core drilling re-commenced on January 7th after the year-end holiday break at the 100% owned Cumaro Project in northern Sonora, Mexico. Highlights5,000 metre Cumaro drilling program recommencedFour holes for a total of 428 metres completed in December 2021Veining intersected at expected depths in each 2021 drill hole, with assays pendingDrilling expected to continue...
2022-01-12 6:30 AM EST
Heliostar Commences Maiden 5,000 Metre Drill Program at Cumaro, Mexico
Vancouver, British Columbia--(Newsfile Corp. - December 8, 2021) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that it has commenced a diamond drill program at the 100% owned Cumaro Project in northern Sonora State, Mexico. The Company will conduct a 5,000-metre program that will include the first ever drilling of the newly discovered Verde target. Verde is an outcropping vein system with high-grade gold mineralization. Channel samples contained up to...
2021-12-08 6:30 AM EST
Heliostar Metals Announces Stock Option Grant
Vancouver, British Columbia--(Newsfile Corp. - December 7, 2021) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") announces that it has granted to directors, officers, employees and consultants of the Company stock options (the "Options") exercisable to acquire up to a total of 1,235,000 common shares under the Company's Stock Option Plan in accordance with the terms of the Company's stock option plan. The Options are exercisable for a period of five years...
2021-12-07 2:49 PM EST
Board Addition - Mr. Clark Gillam Joins Heliostar Metals As A Company Director
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2021) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is delighted to announce the appointment of Clark Gillam to the company's Board of Directors.Clark Gillam is the co-founder of Nebari Partners, an investment management firm that has completed over $100 million in transactions in the natural resources sector since 2017. Previously Mr. Gillam worked in the Trading Division at Glencore. He holds an M.Sc. in Finance from...
2021-12-02 6:30 AM EST
Heliostar Announces Closing of $4 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 9, 2021) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that, further to its news releases dated October 4, 2021, October 6, 2021, and October 19, 2021, it has closed the second and final tranche of its non-brokered private placement offering (the "Offering"). 3,876,607 units (each a "Unit") of the Company were issued in the second tranche at a price of $0.70 per...
2021-11-09 6:30 AM EST
Heliostar Announces Closing of First Tranche of $4 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 19, 2021) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that, further to its news releases dated October 4, 2021 and October 6, 2021, it has closed the first tranche of its non-brokered private placement offering (the "Offering") of up to 5,714,285 units (each a "Unit") of the Company at a price of $0.70 per Unit (the "Offering Price"). In the first tranche,...
2021-10-19 6:30 AM EDT
Heliostar Metals Increases Private Placement up to a Maximum of $4 Million
Vancouver, British Columbia--(Newsfile Corp. - October 6, 2021) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FRA: RGG1) ("Heliostar" or the "Company") is pleased to announce that is increasing its previously announced non-brokered private placement (see News Release #24, dated October 4, 2021) from 2,857,143 units to 5,714,285 units at a price of $0.70 per share for gross proceeds of up to $4,000,000 (the "Offering").Each Unit will consist of one common share in the Company (each a "Common Share") and...
2021-10-06 6:30 AM EDT
Heliostar Metals Announces $2 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 4, 2021) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce the commencement of a non-brokered private placement of up to 2,857,143 units (the "Units") at a price of $0.70 per Unit for gross proceeds of up to $2,000,000 (the "Offering").Each Unit will consist of one common share in the Company (each a "Common Share") and one half of one common share purchase warrant (each...
2021-10-04 6:30 AM EDT
Heliostar Hits Multiple Channels up to 12.6 g/t Gold Equivalent over 5.0 Metres - Defines Significant Drill Target at Cumaro, Mexico
Vancouver, British Columbia--(Newsfile Corp. - September 28, 2021) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce a successful sampling and mapping program at its 100% owned Cumaro Project in northern Sonora State, Mexico.Program HighlightsMultiple high grade gold and silver samples from three closely spaced veins along the Verde Vein CorridorVeins define a large target area of 530 metres by 200 metresVeins trend from SilverCrest Metals' El Picacho property onto Heliostars...
2021-09-28 6:30 AM EDT