Heliostar Metals (TSE:HSTR) has released an update.
Heliostar Metals Ltd. has announced a significant $6 million private placement financing, which is fully subscribed by investor Eric Sprott. The deal includes 10 million units at $0.60 each, comprising a share and a half-warrant, with the funds aimed at bolstering working capital and general corporate purposes. The transaction is set to close by October 11, 2024, pending regulatory approval.
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