Oso Negro

Heliostar to Acquire a 1.4M Ounce, Permitted Gold Deposit and Option Another 1.7M Ounce Gold Deposit in Mexico

Retrieved on: 
Monday, December 5, 2022
Acquisition, SEMARNAT, Silver, Gold, Economics, Oso Negro, Aquila, SH-1, Sale, Purchasing, Technical, IRR, Smart contract, Vein, South Tyrol Option Agreement, FSE, Technical report, VWAP, Bill, Ana Paula, Power purchase agreement, Sand Point, National Instrument 43-101, National instrument, Option, Platinum, Holding company, Bank, Mining, Security (finance), Cryptocurrency, Mobile phone, Argonauts

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.

Key Points: 
  • 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.
  • The current market conditions have created the opportunity for Heliostar to acquire advanced and meaningful new projects.
  • The Ana Paula Gold Project is an advanced stage, gold development project located in Guerrero State, Mexico.
  • The San Antonio Gold Project is an advanced stage, gold development project located in Baja California Sur State, Mexico.

Heliostar Announces Closing of $3 Million Non-Brokered Private Placement

Retrieved on: 
Tuesday, August 2, 2022
TSX Venture Exchange, State, Sand Point, Oso Negro, Warrant, FSE, MI, Gold, Policy, Minority, Share (finance), Offering, News, Exercise, Vein, Company, SH-1, Indian stock exchange, Silver, Aquila, Security (finance), Mining

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").

Key Points: 
  • 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").
  • 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").
  • Heliostar is a junior exploration and development company with a portfolio of high-grade gold projects in Alaska and Mexico.
  • Cumaro forms part of the El Picacho district, while the Oso Negro and La Lola projects are also prospective for epithermal gold-silver mineralization.

Heliostar Announces $3 Million Non-Brokered Private Placement

Retrieved on: 
Thursday, June 23, 2022
Rule, Centennial, Gold, Vein, Oso Negro, Person, Company, TSX Venture Exchange, Exercise, Securities Act of 1933, Unit, Regulation, Indian stock exchange, Sale, SH-1, Aquila, FSE, Silver, Offering, Sand Point, Security (finance), Mining

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").

Key Points: 
  • 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").
  • Heliostar is a junior exploration and development company with a portfolio of high-grade gold projects in Alaska and Mexico.
  • The project hosts an intermediate sulfidation epithermal gold deposit, located within the district-scale property that encompasses 240km2 across the two islands.

Board Addition - Mr. Clark Gillam Joins Heliostar Metals As A Company Director

Retrieved on: 
Thursday, December 2, 2021
Trinity College, Aquila, Oso Negro, Industry, Trinity College Dublin, Vein, Gold, Economics, SH-1, Trade Division (Royal Navy), Glencore, Board of directors, Wharton School of the University of Pennsylvania, Board, FSE, Sand Point, Mining, Silver

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.

Key Points: 
  • 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.
  • Heliostar Chairman, Jacques Vaillancourt, commented: "Clark is a proud Alaskan with a wide-ranging background in financing mining and exploration projects around the world.
  • Additionally, Clark is a meaningful shareholder of Heliostar, which he has achieved through open market transactions and participation in recent Heliostar financings.
  • Heliostar is a well-financed junior exploration and development company with a portfolio of high-grade gold projects in Alaska and Mexico.

Heliostar Announces Closing of First Tranche of $4 Million Non-Brokered Private Placement

Retrieved on: 
Tuesday, October 19, 2021
Warrant, Silver, Minority, Oso Negro, Vein, FSE, News, MI, State, Sand Point, Policy, Aquila, Sale, Exercise, Share (finance), TSX Venture Exchange, Offering, Industry, Gold, SH-1, Company, Security (finance), Mining

In the first tranche, the Company completed the sale of 1,857,465 Units at the Offering Price for gross proceeds of $1,300,225.50.

Key Points: 
  • In the first tranche, the Company completed the sale of 1,857,465 Units at the Offering Price for gross proceeds of $1,300,225.50.
  • Heliostar CEO, Charles Funk, commented: "This $4 million Offering has received strong support; it is already over-subscribed and we intend to close on the balance over the next two weeks.
  • The next step for Heliostar is to commence a 2,500 to 3,000 metre drilling on the recent Verde discovery at Cumaro, in Mexico, in November.
  • Heliostar is a junior exploration and development company with a portfolio of high-grade gold projects in Alaska and Mexico.

Heliostar Metals Announces $2 Million Non-Brokered Private Placement

Retrieved on: 
Monday, October 4, 2021
Sand Point, Vein, Indian stock exchange, Oso Negro, Gold, Sale, TSX Venture Exchange, FSE, Unit, SH-1, Offering, Company, Share (finance), Silver, Aquila, Security (finance), Mining

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").

Key Points: 
  • 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 Warrant shall be exercisable for one Common Share at an exercise price of $1.20 for a period of 24 months following the closing date.
  • Heliostar is a well-financed junior exploration and development company with a portfolio of high-grade gold projects in Alaska and Mexico.
  • In Mexico, the company owns 100% of three early-stage epithermal projects in Sonora that are highly prospective for gold and silver.

Heliostar Samples 1,428 g/t AgEq Over 1.2 Metres, Expands District by 1,100% and Discovers New Veins at Oso Negro, Mexico

Retrieved on: 
Thursday, June 3, 2021
Gins, Oso Negro, Mining

In addition, the company has increased the land holding by over ten times and discovered two new silver-bearing veins.

Key Points: 
  • In addition, the company has increased the land holding by over ten times and discovered two new silver-bearing veins.
  • The Oso Negro district is a historic mining area with multiple zones of outcropping veins.
  • Figure 1: Location Map of Oso Negro with new Angel de Plata 2 claim and recently discovered veins shown.
  • To view an enhanced version of this graphic, please visit:
    Figure 3: Location map of Oso Negro with nearby deposits and Heliostar projects.