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Off-market insider buying at Heliostar Metals (V:HSTR)

Updated Tuesday Nov 09, 2021 02:11 AM EDT

Cyril Charles Jacques Vaillancourt, CEO and Director, acquired 286,000 Common Shares on an indirect ownership basis for registered holder Mt. Everest Finance S.A. at a price of $0.700 through a prospectus or prospectus exempt offering on November 5th, 2021. The insider also acquired 143,000 Warrants with an exercise price of $1.200 for 24 months. This represents a $200,200 investment into the company's shares and an account share holdings change of 10.2%.

Two other insiders reported participating in the financing in smaller amounts.

Heliostar Metals is in the Gold Sub Industry Group under the Basic Materials Sector.

Heliostar Metals Ltd, formerly Redstar Gold Corp., is an exploration and development company. The Company has portfolio of projects in Alaska and Mexico. The Company's projects include Unga Gold Project on Unga and Popof Islands in Alaska. Unga and Popof, focusing on exploration program across the Aquila Zone, located at the western end of the Shumagin Trend. Its Unga Island includes the SH-1 and Aquila high-grade gold zones, both on the Shumagin Trend. The gold mineralization at the Centennial Zone is located on Popof Island, within four kilometers of infrastructure and services at Sand Point. In Mexico, the Company owns three early stage epithermal projects in Sonora that are for gold and silver.

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Go to Heliostar Metals Ltd. (HSTR)'s company page

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Heliostar Metals Ltd.

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