Heliostar Metals Grants Options and RSUs Under Its Omnibus Equity Incentive Compensation Plan

About this update from Heliostar Metals Ltd

Vancouver, British Columbia--(Newsfile Corp. - May 13, 2026) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") announces that, pursuant to the Company's Omnibus Equity Incentive Compensation Plan, it has granted 7,550,000 stock options ("Options") at an exercise price of $2.26 and 705,000 restricted share units (each, an "RSU") to directors, officers, employees, management company employees and consultants of the Company. The Options are exercisable for a period of five years and will vest over the next three years. The RSUs will vest in three equal annual instalments commencing on the first anniversary of the grant date. About Heliostar Metals Ltd. Heliostar is a growing gold producer with a goal to produce 500,000 ounces per year by the end of the decade. The cash flow from the Company's La Colorada Mine in Sonora and the San Agustin Mine in Durango supports the development of its 100% owned pipeline of growth projects in Mexico and the USA. These include the flagship Ana Paula development project in Guerrero, the Cerro del Gallo project in Guanajuato, and the Goldstrike project in Utah. FOR ADDITIONAL INFORMATION, PLEASE CONTACT: Charles FunkPresident and Chief Executive OfficerHeliostar Metals LimitedEmail: [email protected]: +1 844-753-0045 Rob 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 Information This 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, timing and economics of mineral production, ability to expand production, resources, and exploration potential. These statements reflect the Com...

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