
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
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)
20h
Experts Warn: AI Boom Shows Bubble Signs, but Investors May Miss the Exit
The artificial intelligence (AI) investment boom is showing many of the hallmarks of a market bubble, with soaring valuations, rising leverage and increasingly speculative capital flows prompting warnings from veteran investors at the New Orleans Investment Conference.During a popular annual... Keep Reading...
20h
Don Hansen: Gold, Silver Bull Run Not Over, My Strategy Now
Private investor Don Hansen shares his latest gold market analysis, emphasizing that the current bull market is likely only halfway through. "If we had a normal five or six times multiple, the gold bull market would go to US$8,000 to $10,000 an ounce in another four years," he said.Don't forget... Keep Reading...
20h
Jp Cortez: Will the US Revalue Gold? Plus Repatriation, Fort Knox Audit
Jp Cortez, executive director at the Sound Money Defense League, reviews the organization's recent accomplishments in the US and talks about where it plans to focus in the year ahead, including efforts to move the SILVER Act forward. Cortez also explains why the push to audit Fort Knox... Keep Reading...
09 November
Gold Majors’ Q3 Free Cashflow Falls as Spending and Costs Rise
Major gold producers ended the third quarter with less free cashflow than in Q2 as heavier capital spending and higher costs absorbed cash, even as gold edged higher.The LBMA gold price hit its quarterly low of US$3,978.55 per ounce on July 1, then climbed to a high of US$4,663.70 on August 24... Keep Reading...
09 November
Gold Price Rebounds After Jobs Data Sparks Friday Selloff
The gold price retreated on November 6, coming under pressure from a stronger US dollar and rising treasury yields, after new US jobs data showed that employers added 165,000 jobs in October.Spot gold was trading around US$4,063 per ounce by 2:55 p.m. EST. The decline followed a strong rally... Keep Reading...
08 November
Alasdair Macleod: Bond Crisis Ahead — Get in Gold and Out of Credit
Alasdair Macleod of Macleod Finance discusses the issues he sees unfolding in the bond market and outlines how they could spill over into the stock market. In his view, that could happen more quickly than many are expecting. Macleod also explains how gold fits into the picture, emphasizing its... Keep Reading...
Latest News
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00





