
Sign up to save your podcasts
Or


Heliostar Metals and CEO Charles Funk have announced a $20 million debt facility to finance the construction of a decline for the Ana Puala project. This debt facility allows the company to advance the project with minimal equity dilution. The facility has a 10% interest rate and requires the company to give up the economics on a portion of the gold produced from a bulk sample. This financing option provides a more favorable outcome compared to raising equity or entering into a long-term NSR agreement.
By Trevor Hall4.7
9494 ratings
Heliostar Metals and CEO Charles Funk have announced a $20 million debt facility to finance the construction of a decline for the Ana Puala project. This debt facility allows the company to advance the project with minimal equity dilution. The facility has a 10% interest rate and requires the company to give up the economics on a portion of the gold produced from a bulk sample. This financing option provides a more favorable outcome compared to raising equity or entering into a long-term NSR agreement.

3,075 Listeners

590 Listeners

1,443 Listeners

143 Listeners

357 Listeners

264 Listeners

90 Listeners

462 Listeners

1,347 Listeners

367 Listeners

271 Listeners

419 Listeners

10 Listeners

79 Listeners

2 Listeners

43 Listeners

9 Listeners

153 Listeners

0 Listeners

3 Listeners