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HSTR.V ·

Heliostar Enters Marketing Agreement and Announces Prior Marketing Agreement

Marketing Announcement

595 Burrard Street, Suite 1723, Vancouver BC, V7X 1J1, Canada - Tel +1 844 753 0045

TSX.V: HSTR, OTCQX: HSTXF, FRA: RGG1

Heliostar Enters Marketing Agreement and Announces

Prior Marketing Agreement

Vancouver, Canada – December 1, 2025 – Heliostar Metals Ltd. (TSX.V: HSTR, OTCQX: HSTXF, FRA: RGG1)

(“Heliostar” or the “Company”) announces it has entered into an agreement (the "December Agreement")

with GRA Enterprises LLC DBA National Inflation Association for investor relations and communication

services. The December Agreement has a term of three months commencing on December 1, 2025, under

which the Company will pay GRA Enterprises LLC DBA National Inflation Association US$30,000.

Heliostar also previously entered into an agreement (the "April Agreement") with GRA Enterprises LLC DBA

National Inflation Association for investor relations and communication services . This agreement was not

previously announced. The April Agreement had a term of three months, commencing on April 23 , 2025,

under which the Company paid GRA Enterprises LLC DBA National Inflation Association US$30,000.

The services to be provided under the December Agreement, and provided by the April Agreement, include

website features on National Inflation Associations webpage and other related investor relations services.

Gerard Adams is the principal of GRA Enterprises LLC DBA National Inflation Association and is responsible

for all activities related to the Company. GRA Enterprises LLC DBA National Inflation Association currently

has no direct or indirect interest in the securities of the Company, or any right or intent to acquire such an

interest.

The agreements are subject to the Company's filing requirements with the TSX Venture Exchange ("TSXV")

and approval by the TSXV.

About Heliostar Metals Ltd.

Heliostar is a gold mining company with production from operating mines in Mexico. This includes the La

Colorada Mine in Sonora and the San Agustin Mine in Durango. The Company also has a strong portfolio of

development projects in Mexico and the USA. These include the Ana Paula project in Guerrero, the Cerro

del Gallo project in Guanajuato, the San Antonio project in Baja Sur and the Unga project in Alaska, USA.

FOR ADDITIONAL INFORMATION PLEASE CONTACT:

Charles Funk

President and Chief Executive Officer

Heliostar Metals Limited

Email: [email protected]

Phone: +1 844-753-0045

Rob Grey

Investor Relations Manager

Heliostar Metals Limited

Email: [email protected]

Phone: +1 844-753-0045

Neither 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.

Cautionary Statement Regarding Forward-Looking Information

This news release includes certain "Forward–Looking Statements" within the meaning of the United States

Private Securities Litigation Reform Act of 1995 and "forward– looking information" under applicable

TSX.V: HSTR

OTCQX: HSTXFك

595 Burrard Street, Suite 1723, Vancouver BC, V7X 1J1, Canada - Tel +1 844 753 0045

TSX.V: HSTR, OTCQX: HSTXF, FRA: RGG1

Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate",

"expect", "target", "plan", "forecast", "may", "would", "could", "schedule" and similar words or expressions,

identify forward –looking statements or in formation. These forward– looking statements or information

relate to, among other things, show the full extent of the deposit, upgrade and expand the resource base,

growing our annual production profile in the near term and bringing additional production online.

Forward-looking statements and forward–looking information relating to the terms and completion of the

Facility, any future mineral production, liquidity, and future exploration plans are based on management’s

reasonable assumptions, estimates, expectations, analyses and opinions, which are based on

management’s experience and perception of trends, current conditions and expected developments, and

other factors that management believes are relevant and reasonable in the circumstances, but which may

prove to be incorrect. Assumptions have been made regarding, among other things, the receipt of necessary

approvals, price of metals; no escalation in the severity of public health crises or ongoing military conflicts;

costs of exploration and development; the estimated costs of development of exploration projects; and the

Company’s ability to operate in a safe and effective manner and its ability to obtain financing on reasonable

terms.

These statements reflect the Company’s respective current views with respect to future events and are

necessarily based upon a number of other assumptions and estimates that, while considered reasonable by

management, are inherently subject to significant business, economic, competitive, political, and social

uncertainties and contingencies. Many factors, both known and unknown, could cause actual results,

performance, or achievements to be materially different from the results, performance or achievements that

are or may be expressed or implied by such forward–looking statements or forward-looking information and

the Company has made assumptions and estimates based on or related to many of these factors. Such

factors include, without limitation: precious metals price volatility; risks associated with the conduct of the

Company’s mining activities in foreign jurisdictions; regulatory, consent or permitting delays; risks relating

to reliance on the Company’s management team and outside contractors; risks regar ding exploration and

mining activities; the Company’s inability to obtain insurance to cover all risks, on a commercially reasonable

basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from

operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining

projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and

operating costs of such projects; contests over title to properties, particularly title to undeveloped

properties; laws and regulations governing the environment, health and safety; the ability of the

communities in which the Company operates to manage and cope with the implications of public health

crises; the economic and financial implications of public health crises, ongoing military conflicts and general

economic factors to the Company; operating or technical difficulties in connection with mining or

development activities; employee relations, labour unrest or unavailability; the Company’s interactions with

surrounding communities; the Company’s ability to successfully integrate acquired assets; the speculative

nature of exploration and development, including the risks of diminishing quantities or grades of re serves;

stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for

shareholders of the Company; litigation risk; and the factors identified under the caption “Risk Factors” in

the Company’s public disclosure documents. Readers are cautioned against attributing undue certainty to

forward–looking statements or forward -looking information. Although the Company has attempted to

identify important factors that could cause actual results to differ materially, there may be other factors

that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not

assume any obligation, to update these forward– looking statements or forward -looking information to

reflect changes in assumptions or changes in circumstances or any other events affecting such statements

or information, other than as required by applicable law.