17:45:39 EST Mon 02 Mar 2026
Enter Symbol
or Name
USA
CA



Heliostar Metals Ltd
Symbol HSTR
Shares Issued 272,265,113
Close 2026-02-27 C$ 2.99
Market Cap C$ 814,072,688
Recent Sedar+ Documents

Heliostar signs deal to option properties to Zacatecas

2026-03-02 15:28 ET - News Release

Mr. Charles Funk reports

HELIOSTAR ANNOUNCES OPTION AGREEMENT WITH ZACATECAS SILVER FOR NON-CORE PROPERTIES

Heliostar Metals Ltd. has entered into a binding letter agreement with Zacatecas Silver Corp., pursuant to which the company will grant Zacatecas the option to acquire a 100-per-cent interest in certain non-core exploration properties. These consist of the Cumaro, La Lola, Oso Negro and Ejutla early-stage exploration projects located in Mexico. Following the company's acquisition of its production and advanced development assets, these properties have seen minimal exploration activity but remain highly prospective.

The agreement consists of staged payments to Heliostar over the next three years totalling $450,000 in cash and $750,000 in shares of Zacatecas Silver, with $150,000 in cash and $300,000 in shares being paid upon closing. The company will also retain a 2-per-cent net smelter return royalty on the properties, with 1 per cent available for repurchase any time prior to commercial production for $2-million.

The transaction is expected to close on or before March 31, 2026, upon satisfaction of customary conditions.

About Heliostar Metals Ltd.

Heliostar aims to grow to become a mid-tier gold producer. The company is focused on increasing production and developing new resources at the La Colorada and San Agustin mines in Mexico and on developing the 100-per-cent-owned Ana Paula project in Guerrero, Mexico.

We seek Safe Harbor.

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