|Bid||0.0500 x 0|
|Ask||0.0600 x 0|
|Day's Range||0.0600 - 0.0600|
|52 Week Range||0.0500 - 0.1000|
|Beta (3Y Monthly)||1.52|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
TSX-V: HRC) is pleased to announce that, pursuant to the news release dated May 15, 2019, it has increased the previously announced non-brokered private placement financing to $900,000. Completion of the Private Placement financing is subject to TSX Venture Exchange approval of the transaction, including acceptance of a NI 43-101 Technical Report for the Gaban Gold Property, Peru, which has been submitted for review.
TSX-V: HRC) is pleased to announce that, subject to TSX Venture Exchange (“TSXV”) approval, it has signed a Letter of Intent (LOI) on May 14, 2019, with Palamina Corp (PA.V) to acquire the Gaban gold project and the Tinka Iron Oxide Copper Gold project, both located in Peru. In conjunction with the acquisition, Helio plans to raise between $600,000 and $800,000 through a non-brokered private placement financing to cover the first phase of exploration on the properties and to cover initial working capital (together, with the other matters referenced herein, the “Transaction”). The proposed financing will consist of up to 10,000,000 Units priced at 6c per Unit, whereby each Unit is comprised of one (1) common share of the Company and one half (1/2) warrant, whereby one full warrant entitles the holder to purchase one common share of the Company for 10c per common share at any time within 12 months of closing the financing.