CE Mining and CE Mining II Helio Ltd.
CE Mining Ltd. and CE Mining II Helio Ltd. jointly own 3,200,000 shares representing 32% of Helio's issued and outstanding share capital.
CE Mining Limited's, a "Control Person" of the Company under applicable securities legislation, total security position in the Company remains at 2,645,600 common shares.
CE Mining and CE Mining II Helio Ltd. are jointly owned and managed by Plinian Capital LLP ("Plinian") and Generation Mining Limited.
Plinian is an investor in and a leading operational manager of mineral discovery, development, production, and turnaround opportunities with extensive operational expertise in gold, silver, copper, nickel, PGMs (platinum group metals) and iron ore in the Americas, Australia and Africa. Generation Mining Limited is linked to Generation Asset Management (UK) Ltd., an asset management, private equity and corporate finance company.
Since its formation in 2009, Plinian has delivered exceptional results to shareholders and established a track record of success through its participation in Mandalay Resources Corp (TSX: MND), West African Minerals (AIM:WAFM), Nimini Holdings Ltd. (Private), and CE Mining Ltd. (Private).
On July 23, 2014, Plinian became the operator of the SMP Gold project, by invoking the terms of the operating agreement, which was signed in conjunction with the financing in May 2013.
Bradford Mills (Founder and Managing Director of Plinian), and Mark Sander (Principal) have joined Helio's Board of Directors, adding over 50 years of relevant industry experience.
More information on Plinian can be found on its website at www.pliniancapital.com