Heliostar Metals Ltd. 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 of the Company at a price of C$0.22 per Unit for gross aggregate proceeds of up to approximately C$20,400,000 . Each Unit will [...]
Heliostar Metals Ltd. is pleased to announce a non-brokered private placement of up to 74,000,000 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 . Each Unit will consist of one common share in the capital of the Company and one-half of one non-transferable Common Share purchase [...]
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 mineral resources of 1.46 Moz gold at 2.17 g/t gold and 3.27 Moz silver at 4.8 g/t silver.1 San Antonio is a [...]
Heliostar Metals Ltd. is pleased to announce that, further to its news releases dated June 23, 2022 it has closed its non-brokered private placement offering . 12,020,000 units of the Company were issued at a price of $0.25 per Unit for gross proceeds of $3,005,000. About the Private Placement Each Unit will consist of one common share in the [...]
Heliostar Metals Ltd. is pleased to announce a non-brokered private placement of up to 12,000,000 units at a price of $0.25 per Unit for gross proceeds of approximately $3,000,000 . Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant . Each Warrant shall initially entitle the holder to [...]
Heliostar Metals Ltd. announces gold mineralized intercepts in drilling at the 100% owned Cumaro Project in northern Sonora, Mexico. Highlights Gold mineralization encountered in 10 of 11 drill holes from the Verde Target. Intercepts include: VVDH22-09 0.89 gram per tonne gold equivalent over 8.1 metres . Including, 1.65 g/t AuEq over 3 m VVDH21-02 [...]
Heliostar Metals Ltd. 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. Highlights 5,000 metre Cumaro drilling program recommenced Four holes for a total of 428 metres completed in December 2021 Veining intersected at expected depths in [...]
Heliostar Metals Ltd. 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 [...]
Heliostar Metals Ltd. announces that it has granted to directors, officers, employees and consultants of the Company stock 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 [...]
Heliostar Metals Ltd. 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 [...]
Heliostar Metals Ltd. 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 . 3,876,607 units of the Company were issued in the second tranche at a price of $0.70 per Unit for gross proceeds of [...]
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