Brief: Helio Resource Receives TSXV Approval For Acquisition of Two Projects in Peru

Winshear Metals

19/09/2019 14:24

Sept 19 (Reuters) - Helio Resource Corp  HRC.V :
    * HELIO RECEIVES TSX VENTURE EXCHANGE APPROVAL FOR THE
ACQUISITION
OF TWO PROJECTS IN PERU, A $900,000 PRIVATE PLACEMENT, SHARES
FOR DEBT SETTLEMENT AND ANNOUNCES THE APPOINTMENT OF A NEW
DIRECTOR
    * HELIO RESOURCE CORP- RECEIVED TSXV APPROVAL FOR
ACQUISITION OF
GABAN GOLD PROJECT, TINKA IRON OXIDE COPPER GOLD PROJECT
    * HELIO RESOURCE - IN RETURN FOR ACQUISITION OF GABAN GOLD
PROJECT, TINKA IOCG PROJECT, CO WILL ISSUE TO PALAMINA TOTAL OF
10 MILLION COMMON SHARES OF CO
    * HELIO RESOURCE CORP - UPON CLOSING OF TRANSACTION,
PALAMINA HELD
RIGHT TO NOMINATE ONE DIRECTOR TO BOARD OF HELIO
    * HELIO RESOURCE CORP - UPON CLOSING OF TRANSACTION,
PALAMINA CAN
NOMINATE SECOND DIRECTOR TO STAND FOR ELECTION AT HELIO'S NEXT
ANNUAL GENERAL MEETING
    * HELIO RESOURCE CORP - IN CONJUNCTION WITH TRANSACTION,
PALAMINA
HAS NOMINATED ALISTAIR WADDELL TO HELIO'S BOARD OF DIRECTORS

Source text for Eikon:  ID:nGNXb851t5 
Further company coverage:  HRC.V 

 ((Reuters.Briefs@thomsonreuters.com;))