Heliostar Announces Closing of US$10M Debt Facilities to Support Acquisition of Production Assets
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Heliostar Metals Ltd. has closed two debt facilities totaling US$10 million with Ocean Partners USA, Inc. and Deans Knight Capital Management Ltd. to support its acquisition of production assets.
November 06, 2024 | 11:45 am
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Heliostar Metals Ltd. has secured US$10 million in debt facilities to fund its acquisition of production assets, potentially enhancing its production capabilities and financial position.
The closing of US$10 million in debt facilities provides Heliostar with the necessary capital to acquire production assets, which could enhance its production capabilities and financial position. This is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
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