Heliostar Grants Options and RSUs under its Omnibus Equity Incentive Compensation Plan
TSX.V: HSTR
OTCQX: HSTXF
Heliostar Grants Options and RSUs under its Omnibus
Equity Incentive Compensation Plan
Vancouver, Canada, May 13, 2026 – Heliostar Metals Ltd. (TSX.V: HSTR, OTCQX: HSTXF, FRA: RGG1)
(“Heliostar” or the “Company”) announces that, pursuant to the Company's Omnibus Equity Incentive
Compensation Plan, it has granted 7,550,000 stock options ("Options") at an exercise price of $ 2.26 and
705,000 restricted share units (each, an "RSU") to directors, officers, employees, management company
employees and consultants of the Company. The Options are exercisable for a period of five years and will
vest over the next three years. The RSUs will vest in three equal annual instalments commencing on the
first anniversary of the grant date.
About Heliostar Metals Ltd.
Heliostar is a growing gold producer with a goal to produce 500,000 ounces per year by the end of the
decade. The cash flow from the Company’s La Colorada Mine in Sonora and the San Agustin Mine in
Durango supports the development of its 100% owned pipeline of growth projects in Mexico and the USA.
These include the flagship Ana Paula development project in Guerrero, the Cerro del Gallo project in
Guanajuato, and the Goldstrike project in Utah.
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
Canadian securities laws. When used in this news rel ease, the words "anticipate", "believe", "estimate",
"expect", "target", "plan", "forecast", "may", "would", "could", "schedule" and similar words or
expressions, identify forward–looking statements or information. These forward –looking statements or
information relate to, among other things, timing and economics of mineral production, ability to expand
production, resources, and exploration potential.
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
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TSX.V: HSTR, OTCQX: HSTXF, FRA: RGG1
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
regarding 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 reserves; 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.