Business
Heliostar Receives Regulatory Approval for Acquisition of Mexico Business Unit from Florida Canyon Gold Inc.
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2024) - Heliostar Metals Ltd. (TSXV: H...
About this update from Heliostar Metals Ltd
[{"type":"text","content":"Heliostar Receives Regulatory Approval for Acquisition of Mexico Business Unit from Florida Canyon Gold Inc.Vancouver, British Columbia--(Newsfile Corp. - October 23, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) (\"Heliostar\" or the \"Company\") is pleased to announce receipt of the clearance decision from the Comisión Federal de Competencia Económica (\"COFECE\") with respect to the pending acquisition of the Mexico Business Unit of the former Argonaut Gold from Florida Canyon Gold Inc. COFECE approval was the final substantive regulatory approval required prior to closing the acquisition of the Mexico Business Unit, which is anticipated in early November 2024. About Heliostar Metals Ltd.Heliostar aims to grow to become a mid-tier gold producer. The Company is focused on developing the 100% owned Ana Paula Project in Guerrero, Mexico and has recently entered into an agreement to acquire a portfolio of production and development assets in Mexico. FOR ADDITIONAL INFORMATION PLEASE CONTACT:Charles FunkPresident and Chief Executive OfficerHeliostar Metals LimitedEmail: [email protected]: +1 844-753-0045Rob GreyInvestor Relations ManagerHeliostar Metals LimitedEmail: [email protected]: +1 844-753-0045  Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Statement Regarding Forward-Looking InformationThis news release includes certain \"Forward-Looking Statements\" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and \"forward-looking information\" under applicable Canadian securities laws. When used in this news release, the words \"anticipate\", \"believe\", \"estimate\", \"expect\", \"target\", \"plan\", \"forecast\", \"may\", \"would\", \"could\", \"schedule\" and similar words or expressions, identify forward-looking statements or information. These forward-looking statements or information relate to, among other things: COFECE approval was the final substantive regulatory approval required prior to closing the acquisition of the Mexico Business Unit, which is anticipated in early November 2024.Forward-looking statements and forward-looking information r...