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20/07/2017
Orezone Announces Appointment of New Director
 
07/07/2017
ENDEAVOUR ANNOUNCES THE RETIREMENT OF ITS COO
 
31/05/2017
RETIREMENT OF DEPUTY CHAIRMAN - Mineral Deposits Limited
 
 
 
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   19/02/2016
 
Helio & Damara to merge Namibia interest
 
Helio Resource Corp reported that it has reached agreement with Damara Gold with which it has an earn-in agreement in two Namibian exploration licences, namely EPL 3738 (Wilhelmstal) and EPL 3739 (Otjimbojo).
 
Under the terms of the arms-length agreement, Helio and Damara will transfer their respective interests into Osino Resources Corp., a privately-held British Columbia corporation in return for shares in Osino.
 
Post consolidation Helio will own 60.5% of the shares of Osino, and Damara will own 22% of the shares of Osino. Each party will appoint 2 directors to the Board of Osino. 
 
Closing of the transaction is subject to a number of conditions including Osino concluding a financing on terms acceptable to Helio and Damara; applicable regulatory approvals and completion by Osino of its due diligence investigations regarding each of Helio, Damara and Helio's Namibian Licences.

 
 
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