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Heliostar Announces Initial Closing of $4.5 Million Offering with Lead Order from Eric Sprott
SIISprott(SII) Newsfile·2024-06-21 20:43

● Heliostar Announces Initial Closing of 4.5MillionOfferingwithLeadOrderfromEricSprottTheCompanyexpectstocloseafinaltrancheoftheOfferinguponreceiptofTSXVentureExchangeapprovalforthecreationofanewinsideroftheCompany.Assumingsuchapprovalisobtained,thefinaltrancheisexpectedtocloseonoraroundJune28,2024,forgrossproceedsofapproximately4.5 Million Offering with Lead Order from Eric Sprott The Company expects to close a final tranche of the Offering upon receipt of TSX Venture Exchange approval for the creation of a new insider of the Company. Assuming such approval is obtained, the final tranche is expected to close on or around June 28, 2024, for gross proceeds of approximately 499,790. The Company intends to use the net proceeds of the Offering for the commencement of drilling at Ana Paula and ...