|Mon Aug 31, 2009|
Helio Reports on AGM
The Company reports that it held its AGM on August 25, 2009 and all resolutions were approved unanimously (see the SEDAR filing of the Information Circular, dated July 31, 2009).
At the subsequent Board of Directors meeting the following resolutions were adopted:
Helio's main focus is the development of the SMP gold project in Tanzania. As part of its strategic approach to project development, Helio has optioned 8 of its Namibian licences to Desert Minerals (UK) Ltd. and continues to pursue joint venture partners for its two other projects in Namibia.
For additional information, please contact Richard Williams +1 604 638 8005 or by e-mail to email@example.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Neither the 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.
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