
December 05, 2024
Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") The Board is pleased to announce the following addition to its board.
We are very pleased and proud to announce the addition of Ramon Tomas Dávila Flores as non-executive director with immediate effect to Heliostar's board of directors. Mr. Dávila was most recently President of Guanajuato Silver Co. Ltd. Previous thereto Mr. Dávila was Minister of Economic Development for the State of Durango Government between 2016 and 2020. Mr. Dávila was also Chief Operating Officer of First Majestic Silver for a decade, to 2014. Prior to that Mr. Dávila was President of Pan American Silver's Mexican operations. Mr. Dávila's range and depth of experience also includes senior management roles at Minas La Colorada SA de CV, Cia. Minera Autlán SA de CV, Corporacion San Luis/Luismin, La Domincia SA de CV and Industrias Peñoles SA de CV.
Heliostar Chairman, Jacques Vaillancourt commented, "The past 24-months have been deeply transformational for the Company. Heliostar has rapidly evolved from being exploration company, to a development company, to now being a gold producer in Mexico. This growth requires additional governance, expertise, experience, skills, judgement, discipline and a depth of understanding of Mexico and the Mexican mining industry. We believe that the addition of Ramon Dávila will be a cornerstone to Heliostar's board of Directors and its governance."
As part of his responsibilities Mr. Dávila will join Heliostar's Technical Committee, chaired by Mr. Alan Wilson Ph.D., our Health, Safety, Environmental, Sustainable Development ("HSESD") Committee chaired by Mr Barry Murphy, and the Human Resources and Compensation Committee, chaired by Mr. George Ireland.
As part of the compensation of his service the Board will grant Mr Dávila 200,000 share purchase options with a five (5) year terms and a strike price of C$0.70 and 50,000 Restricted Share Units ("RSU"'s). The options will vest immediately. The RSU's will vest 1/3 in one (1) year (December 5, 2025), 1/3 in two (2) years (December 5, 2026) in and the final 1/3 will vest in three (3) years (December 5, 2027) from today.
FOR ADDITIONAL INFORMATION PLEASE CONTACT:
Jacques Vaillancourt
Chairman
Heliostar Metals Limited
Email: jacques.vaillancourt@heliostarmetals.com
Charles Funk
President & CEO
Heliostar Metals Limited
Email: charles.funk@heliostarmetals.com
Forward-Looking Statements
Some of the statements in this press release, including those relating to the Company's discussions of contractual agreements, future products, opportunities, cost initiatives, strategies, and other statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates", or similar expressions, are forward-looking statements within the meaning of securities laws. Forward-looking statements include, without limitation, statements regarding exploration and development plans. These statements are not historical facts but instead represent only the Company's expectations, estimates, and projections regarding future events. The Company does not undertake any obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this communication or to reflect the occurrence of unanticipated events, except as required by law.
HSTR:CC

Sign up to get your FREE
Heliostar Metals Investor Kit
and hear about exciting investment opportunities.
- Corporate info
- Insights
- Growth strategies
- Upcoming projects
GET YOUR FREE INVESTOR KIT
Alert Options
No alert set
INN Article Notification
Alert Option
You will be notified when this event occurs. No additional settings needed.
The Conversation (0)
24 April
Heliostar Metals
On track to exceed 500,000 oz of annual gold production by 2030 in Mexico
On track to exceed 500,000 oz of annual gold production by 2030 in Mexico Keep Reading...
13h
Acquisition of high grade copper gold project in Mauritania
Zeus Resources Limited (ZEU:AU) has announced Acquisition of high grade copper gold project in MauritaniaDownload the PDF here. Keep Reading...
15h
BSPH Accommodation Strategy Progressing
Maritana Minerals (MRT:AU) has announced BSPH Accommodation Strategy ProgressingDownload the PDF here. Keep Reading...
17h
Chinese Banks Halt Retail Paper Gold Trading: Risk Mitigation or Price Discovery?
In a development causing a stir in the gold sector, Chinese banks are pulling the plug on retail paper gold trading. Major Chinese banks, including the Industrial and Commercial Bank of China — the world’s largest by assets — have announced they will cease offering retail paper trading products... Keep Reading...
21h
Novagold to Take Full Ownership of Donlin Gold in Buyout
Novagold Resources (NYSE:NG) announced it has entered into definitive agreements to buy out Paulson Advisers’ 40 percent stake in the Donlin gold project in Alaska, unifying ownership of what is projected to become the largest single gold mine in the US.Under the arrangement, Paulson will... Keep Reading...
22 July
Barrick Invests US$15 Million in Kingfisher for Golden Triangle Exploration
Barrick Mining (TSX:ABX,NYSE:B) has agreed to purchase a 9.9 percent stake in Canadian explorer Kingfisher Metals (TSXV:KFR,OTCQB:KGFMF) for roughly US$15.25 million to fund copper-gold exploration in BC's Golden Triangle.Kingfisher committed to directing at least 80 percent of the placement... Keep Reading...
22 July
Trading Halt
Piche Resources (PR2:AU) has announced Trading HaltDownload the PDF here. Keep Reading...
Latest News

Sign up to get your FREE
Heliostar Metals Investor Kit
and hear about exciting investment opportunities.
- Corporate info
- Insights
- Growth strategies
- Upcoming projects
GET YOUR FREE INVESTOR KIT
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00






