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Heliostar Metals Ltd V.HSTR

Alternate Symbol(s):  HSTXF

Heliostar Metals Ltd. is a Canada-based mid-tier gold producer. The Company is engaged in the acquisition, exploration, and development of mineral properties in North America. The Company is focused on developing the 100% owned Ana Paula Project in Guerrero, Mexico. The Ana Paula Gold Project is an advanced-stage, gold development project located in Guerrero State, Mexico. Its San Antonio Gold Project is an advanced stage gold development project located in Baja California Sur State, Mexico. Its Cerro Del Gallo Project is a gold-silver development project in the State of Guanajuato. The property comprises 14 titled concessions covering 15,276 hectares (ha), and surface rights to land totaling 445 ha. It owns 100% or has the option to acquire a 100% interest in three properties in the northern portion of Mexico's Sonora state: the Oso Negro project, the La Lola project, and the Cumaro project. The Company also operates the San Agustin mine, El Castillo mine, and La Colorada mine.


TSXV:HSTR - Post by User

Post by Franschoekon May 07, 2024 8:16pm
146 Views
Post# 36027943

Debt arrangement

Debt arrangementLet me be clear, usuaully I refer debt arrangements to equity issue when it's feasible.  This proposal is a head on crash.  Ten percent interest would be normal, but the 30 percent hedge on the gold price is outrageous.  Please offer this deal to your existing shareholders.  I would bite 100k on these terms, and I think there might be another 200 shareholders like me who could push out the NY hedge fund.  Eff those guys
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