Heliostar Fully Repays Acquisition Loan Within 3 Months.
Vancouver, British Columbia--(Newsfile Corp. - February 13, 2025) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that it has repaid the US$5M loan obtained from Deans Knight Capital Management Ltd on November 6th, 2024. The loan was used to acquire the portfolio of operating and development assets in Mexico from Florida Canyon Gold Inc. Heliostar CEO Charles Funk commented, "Repayment of this loan is another significant...
2025-02-13 6:30 AM EST
Heliostar Announces New Chief Financial Officer
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2025) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that it has appointed Ms. Vitalina Lyssoun as Chief Financial Officer ("CFO"), effective March 3, 2025. Ms. Lyssoun brings over 16 years of financial expertise, with a focus on the resource sector, to her new role. Most recently, she built and led the corporate accounting team at Gatos Silver Inc., including...
2025-02-06 6:30 AM EST
Heliostar Announces 2024 Production and Provides 2025 Production and Cost Guidance
Vancouver, British Columbia--(Newsfile Corp. - February 4, 2025) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that it produced 10,391 Gold Equivalent Ounces (GEOs) (10,156 gold ounce and 20,054 silver ounces) in the fourth quarter of 2024 (the third quarter of the Company's financial year). This resulted in a total 2024 production of 20,795 GEOs (20,298 gold ounces and 43,076 silver ounces). As a result, the Company...
2025-02-04 6:30 AM EST
Heliostar Delivers Strong Shallow Oxide Gold Hits at the La Colorada Mine, Sonora, Mexico
Vancouver, British Columbia--(Newsfile Corp. - January 30, 2025) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce additional results from a 12,50
2025-01-30 6:30 AM EST
Heliostar Files Technical Reports on Mines and Development Project Recently Acquired in Mexico
Company Overview on La Colorada: La Colorada Operations show US$25.9M NPV5, 11.9% IRR, US$53.9M CAPEX and 287k total ounces produced at a US$2,000/oz gold price New mineral reserve at Junkyard Stockpile supports restart of mining at La Colorada that has commenced this month El Crestón expansion at La Colorada is expected to produce over 50,000 ounces of gold per year Current drill program (five drill rigs) is targeting lower CAPEX and increased production for updated technical report planned...
2025-01-13 10:25 PM EST
Plans To Restart Mining Operations at La Colorada Mine, Mexico
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that the Company has undertaken a work program at the historical Junkyard Stockpile at the La Colorada Mine and plans to recommence crushing and stacking in January 2025. The planned restart would initially augment and then replace the current gold production from residual leaching at the mine. Heliostar CEO,...
2024-12-12 6:30 AM EST
Heliostar Metals Adds to Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - December 5, 2024) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") The Board is pleased to announce the following addition to its board. We are very pleased and proud to announce the addition of Ramon Tomas Dávila Flores as non-executive director with immediate effect to Heliostar's board of directors. Mr. Dávila was most recently President of Guanajuato Silver Co. Ltd. Previous thereto Mr. Dávila...
2024-12-05 6:30 AM EST
Heliostar Drills 71.8 g/t Gold over 16.1 metres in the High Grade Panel at Ana Paula, Mexico
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce additional results from the 2024 drill program at the 100% owned Ana Paula project in Guerrero, Mexico. The Company is dr
2024-12-02 6:30 AM EST
Heliostar Announces First Results from 2024 Drilling Program at La Colorada Mine
Vancouver, British Columbia--(Newsfile Corp. - November 26, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company
2024-11-26 6:30 AM EST
Heliostar Announces 2024 Production Guidance for Acquired Mines
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that, upon completion of the acquisition of the San Agustin Mine and the La Colorada Mine in Mexico (the "Projects"), it can p
2024-11-14 6:30 AM EST
Heliostar Announces Closing of Acquisition of Producing Mines and Development Projects in Mexico
Vancouver, British Columbia--(Newsfile Corp. - November 8, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce completion of the acquisition of a 100% interest in all of Florida Canyon Gold Inc.'s ("FCGI") mining assets in Mexico for cash consideration of US$5,000,000 (the "Acquisition" or the "Transaction"). The assets include the San Agustin mine (formerly the El Castillo Complex), La Colorada mine, Cerro del Gallo...
2024-11-08 6:30 AM EST
Heliostar Announces Closing of US$10M Debt Facilities to Support Acquisition of Production Assets
Vancouver, British Columbia--(Newsfile Corp. - November 6, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce the closing of two previously-announced debt facilities with Ocean Partners USA, Inc. (the "Working Capital Facility") and Deans Knight Capital Management Ltd. (the "Transaction Closing Facility") for aggregate gross proceeds of US$10 million to support its acquisition of assets from Florida Canyon Gold Inc. (the...
2024-11-06 6:30 AM EST
Heliostar Hits 16m Grading 16.7 g/t Gold in New Zone with Step-Out Drilling at Ana Paula
Vancouver, British Columbia--(Newsfile Corp. - October 28, 2024) - Heliostar Metals Lt
2024-10-28 6:30 AM EDT
Heliostar Receives Regulatory Approval for Acquisition of Mexico Business Unit from Florida Canyon Gold Inc.
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce receipt of the clearance decision from the Comisión Federal de Competencia Económica ("COFECE") with respect to the pending acquisition of the Mexico Business Unit of the former Argonaut Gold from Florida Canyon Gold Inc. COFECE approval was the final substantive regulatory approval required prior to closing the...
2024-10-23 6:30 AM EDT
Heliostar Announces VP Sustainability and Special Projects and Early Exercise of Warrants
Vancouver, British Columbia--(Newsfile Corp. - October 17, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that it has appointed Mr. Hernan Dorado as Vice President Sustainability and Special Projects. Hernan has over 20 years of experience in the mining industry in Mexico and overseas. Most recently he was a founding member of Guanajuato Silver, holding roles including Chief Operating Officer and Chief Sustainability...
2024-10-17 6:30 AM EDT
Heliostar Closes $6M Financing with Eric Sprott
Vancouver, British Columbia--(Newsfile Corp. - October 16, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that it has closed a non-brokered private placement of 10,000,000 units (each, a "Unit") at a price of $0.60 per Unit for gross proceeds of $6,000,000 (the "Private Placement"). The Company is pleased to advise that Eric Sprott, through 2176423 Ontario Ltd., subscribed for the entire Private Placement. Each Unit...
2024-10-16 6:30 AM EDT
Heliostar Announces VP Corporate Development
Vancouver, British Columbia--(Newsfile Corp. - October 8, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that it has appointed Mr. Mike Gingles as Vice President Corporate Development. Mr. Gingles has over 35 years of corporate and entrepreneurial experience in the mining industry and is credited with leading corporate transactions for Pueblo Viejo and Turquoise Ridge that resulted in the development of over 30...
2024-10-08 6:30 AM EDT
Heliostar Announces $6M Financing with Eric Sprott
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce a non-brokered private placement of 10,000,000 units (each, a "Unit") at a price of $0.60 per Unit for gross proceeds of $6,000,000 (the "Private Placement"). Each Unit will consist of one common share in the capital of the Company (each, a "Common Share") and one-half of one non-transferable Common Share purchase...
2024-10-07 6:30 AM EDT
Heliostar Commences 5,000 Metre Resource Expansion Drill Program at Ana Paula High Grade Gold Project, Mexico and Issues Incentive Grant
Vancouver, British Columbia--(Newsfile Corp. - September 17, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that it commenced a 5,000 metre diamond drill program at its Ana Paula Project in Mexico ("Ana Paula"). The two stage drill program will test the east, west and down dip extensions of the High Grade Panel and the Parallel Panel targets. Phase one will consist of seven drill holes totalling 2,600 metres and...
2024-09-17 6:30 AM EDT
Heliostar Arranges Debt Facilities up to US$10M to Support Acquisition of Production Assets
HIGHLIGHTS: Up to US$5 million working capital facility with Ocean Partners Immediately available Interest rate 3 month SOFR + 4% (currently 9.4%) Matures on December 31, 2025 Up to US$5M transaction closing facility with Deans Knight Available to fund US$5M closing payment to acquire a Mexican asset portfolio from the former Argonaut Gold Interest rate 15% Mature on November 30, 2026 Provides capital required to close the acquisition with less than 1% equity dilution Principal and interest...
2024-09-10 6:30 AM EDT