Heliostar to acquire Goldstrike project from Liberty Gold for USD 72 million

  • Heliostar agreed to acquire Specialty American Metals, a Liberty Gold subsidiary that owns Pilot Goldstrike and the Goldstrike project in Utah.
  • Total consideration is USD 72.5 million, consisting of USD 10 million cash plus USD 2.5 million in Heliostar shares at closing and up to USD 60 million in cash milestone payments over as long as five years.
  • Deferred cash payments include USD 10 million at 12 months and USD 10 million at 18 months after closing.
  • Additional payments include USD 15 million tied to infrastructure-related milestones (or five years) and USD 25 million tied to a feasibility study or construction decision (or five years).
  • The transaction is expected to close in April 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Heliostar Metals Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202603240630NEWSFILECNPR____20260324_289658_1) on March 24, 2026, and is solely responsible for the information contained therein.

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