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Brief: Helio Resource Corp says arrangement agreement remains with Shanta Gold

Sept 6 (Reuters) - Helio Resource Corp  HRC.V  
    * Has concluded that there is no proper basis for Shanta 
Gold's purported termination of arrangement agreement between 
Shanta Gold and co 
    * Arrangement agreement remains in effect between co and 
Shanta Gold 
    * Expects Shanta Gold to satisfy obligations thereunder, 
including taking all commercially reasonable actions required to 
complete transaction 
 
Source text for Eikon:  ID:nCNWVG8yda  
Further company coverage:  HRC.V  
 
 ((bangalore.newsroom@thomsonreuters.com;))

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