The mining newspaper for Alaska and Canada's North

Redstar raises cash buys Mexico explorer

Unga gold project in Alaska remains company's flagship asset North of 60 Mining News – August 28, 2020

Redstar Gold Corp. Aug. 24 announced that it has raised C$7 million and finalized the acquisition of Heliodor Metals Ltd., an exploration company with interests in three epithermal gold and silver projects in Mexico, plus C$1.5 million in cash and no debt.

As part of the deal, Heliodor founder and President Charles Funk has been named as Redstar's CEO.

"Adding Heliodor to the Redstar group of comp...

 

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