Heliostar Upsizes Previously Announced Brokered Private Placement to $5,600,000

VANCOUVER, BC, April 14, 2021 /CNW/ – Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FRA: RGG1) (“Heliostar” or the “Company”) is pleased to announce that it has amended its agreement with Canaccord Genuity Corp., as lead agent, on behalf of a syndicate of agents including Sprott Capital Partners LP, Agentis Capital and Haywood Securities Inc. (collectively, the “Agents”) to increase the size of its marketed private placement of Units to a new total of up to 5,348,616 Units for total gross proceeds of up to C$5,616,047 (the “Revised Offering“).  As previously announced in the Company’s press release of April 8, 2021, the offering was originally to consist of up to 3,809,524 Units with aggregate gross proceeds of up to C$4,000,000 (the “Original Offering”).  The size of the Agent’s over-allotment option remains unchanged at 571,429 Units.

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