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Cover for Heliostar Metals - Debt Facility Announced To Fund The Start Of Test Mining At Ana Paula

Heliostar Metals - Debt Facility Announced To Fund The Start Of Test Mining At Ana Paula

May 12, 2024
KEReport
By KEReport
KEReport

On May 7th, Heliostar Metals (TSX.V:HSTR - OTCQX:HSTXF) announced a US$20million Gold Linked Debt Facility to advance the Ana Paula Deposit into test mining and processing of a bulk sample. 

Charles Funk, President and CEO of Heliostar Metals joins me to discuss the timeline and key steps to progress into test mining. We also outline the terms of the financing facility and if the Company will be able to self-fund production growth after the note is repaid. Future exploration activities and when this will start are also discussed. 

Please email me with any follow up questions you have for Charles. My email address is Fleck@kereport.com.

Click here to visit the Heliostar Metals website and read over the full news release.

KEReport
KEReport
The KE Report provides exclusive interviews with private money managers and sub $10 billion market cap companies. Interviews are published daily to help investors navigate the markets.
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