Gold Mining Update: Heliostar Acquires Florida Canyon Gold’s Assets
Monday, 11 November 2024, 01:38
Gold Mining Update: Acquisition of Florida Canyon Gold
Heliostar Metals has successfully concluded the acquisition of 100% interest of Florida Canyon Gold (FCGI) mining assets in Mexico for a cash consideration of $5 million. This acquisition represents a significant step forward for Heliostar in diversifying and strengthening their mining operations. The addition of FCGI's assets will likely enhance Heliostar's footprint in the gold market.
Key Details of the Acquisition
- Heliostar secures full ownership of precious metals assets.
- Transaction value stands at $5 million.
- Strategic move towards expanding mining capabilities.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.