VANCOUVER, June 3, 2015 /CNW/ - Helio Resource Corp (TSX-V:HRC), ("Helio" or the "Company") reports that it has applied for and received the approval of the TSX Venture Exchange for the repricing of 40,050,000 share purchase warrants from 10¢ per share to 5¢ per share. No other terms of the warrants will be modified.
The share purchase warrants consist of two groups:
- 29,550,000 warrants expiring June 13, 2016, and
- 10,500,000 warrants expiring July 27, 2016
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, and outlining the resource potential at the DGP Gold Project in Namibia.
ON BEHALF OF THE BOARD OF DIRECTORS
"Richard D. Williams"
Richard D. Williams, P.Geo
Christopher J. MacKenzie, C.Geol.
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.
For further information: Richard Williams at 604 638 8005