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- Wed Sep 6, 2017 - Helio Rejects Shanta Gold's Invalid Attempt to Terminate Arrangement Agreement
Vancouver, September 6, 2017
Helio Resource Corp (TSX-V: HRC), (\'Helio\' or the \'Company\') reports that, after careful consideration, it has concluded that there is no proper basis for Shanta Gold's purported termination of the arrangement agreement between Shanta Gold and the Company. Accordingly, the arrangement agreement remains in effect and Helio expects Shanta Gold to satisfy its obligations thereunder, including taking all commercially reasonable actions required to complete the transacti
- Fri Aug 18, 2017 - Shanta Terminates Arrangement Agreement
Helio Resource Corp (TSX-V: HRC), (\'Helio\' or the \'Company\') reports that it has received notice from Shanta Gold that Shanta has terminated the arrangement agreement previously announced on June 20, 2017.
Shanta cites changes to the Mining Law introduced by the President of Tanzania on July 10 as the basis for the termination.
The Company will seek legal advice before commenting further.
About Helio Resource Corp.
Helio Resource Corp. is a resource
- Fri Jun 30, 2017 - Quarterly Report for period ended June 30, 2017
- Fri Jun 30, 2017 - Management Discussion and Analysis June 30, 2017
- Mon Jun 19, 2017 - Helio Enters Into Arrangement Agreement With Shanta Gold
Helio Resource Corp (\'Helio\' or the \'Company\'; TSX-V: HRC) and Shanta Gold Limited (\'Shanta\') (AIM: SHG) have entered into a definitive arrangement agreement dated as of June 19, 2017 (the \'Arrangement Agreement\') pursuant to which Shanta will acquire all of the issued and outstanding common shares of Helio (the \'Transaction\') by way of a statutory plan of arrangement (the \'Plan of Arrangement\'). The Company and Shanta are arms-length parties. The Agreement is s
- Fri May 5, 2017 - Helio (TSX-V:HRC) Sells Remainder of Namibian Interest
Helio Resource Corp (TSX-V: HRC), (\'Helio\' or the \'Company\') reports that, in an arms length private transaction, it has sold all of its interest in a private company with assets in Namibia (see news release dated May 31, 2016) for proceeds of CAD885,892. No commissions or fees were payable in regards to this transaction.
About Helio Resource Corp.
Helio Resource Corp. is a resource company focused on advancing the 100% owned SMP Gold Project in Tanzania to a production decision.
- Fri Mar 31, 2017 - Management Discussion and Analysis March 31, 2017
- Fri Mar 31, 2017 - Financial Report for the period ended March 31, 2017
- Sat Dec 31, 2016 - Management Discussion and Analysis December 31, 2016
- Sat Dec 31, 2016 - Quarterly Report for period ended December 31, 2016