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Helio (TSX-V:HRC) Announces Exercise of Warrants
Helio (TSX-V:HRC) Announces Exercise of Warrants Helio (TSX-V:HRC) Announces Exerc...
About this update from Winshear Metals Corp.
[{"type":"text","content":"\n\n\n\nHelio (TSX-V:HRC) Announces Exercise of Warrants\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nBORDER-BOTTOM:black 0pt; TEXT-ALIGN: RIGHT; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prngen2{\nBORDER-BOTTOM:black 0pt; TEXT-ALIGN: CENTER; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n\n\n\n\n\n\nHelio (TSX-V:HRC) Announces Exercise of Warrants\nCanada NewsWire\nVANCOUVER, Feb. 29, 2016\n\n\n\nTSX-V Trading Symbol: HRC                        \n\n\n\nVANCOUVER, Feb. 29, 2016 /CNW/ - Helio Resource Corp (TSX-V: HRC), (\"Helio\" or the \"Company\") is pleased to report that CE Mining II Helio Limited has exercised 7,362,850 share purchase warrants for proceeds to the Company of $368,142.50.  \n\nCE Mining Limited, a \"Control Person\" of the Company under applicable securities legislation, transferred a total of 13,860,000 warrants to CE Mining II Helio Limited in August 2015. CE Mining Limited and CE Mining II Helio Limited are related parties as defined by securities legislation. CE Mining II Helio Limited now owns 13,860,000 common shares of the Company or 5.8 % of the issued and outstanding common shares of the Company. CE Mining Limited's total security position in the Company remains at 66,140,000 common shares, or 27.8% of the issued and outstanding common shares of the Company on a non-diluted basis. On a combined basis, CE Mining Limited and CE Mining II Helio Limited together own 80 million shares of the Company, or 33.6% of the issued and outstanding common shares of the Company.  \n\nAll of the warrants held by CE Mining Limited and CE Mining II Helio Limited have now been exerci...