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HRC Helio Resource Corp

0.14
0.00 (0.00%)
19 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Helio Resource Corp TSXV:HRC TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.14 0.12 0.14 0 00:00:00

Shanta Terminates Arrangement Agreement

18/08/2017 6:24pm

PR Newswire (Canada)


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TSX-V Trading Symbol: HRC

VANCOUVER, Aug. 18, 2017 /CNW/ - 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 company focused on advancing the 100% owned SMP Gold Project in Tanzania to a production decision.

ON BEHALF OF THE BOARD OF DIRECTORS

"Richard D. Williams"
Richard D. Williams, P.Geo

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

SOURCE Helio Resource Corp.

Copyright 2017 Canada NewsWire

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