Winshear Gold Corp.

Damara Gold and Helio Resource are pleased to report results of soil sampling programmes at the GoldKop Extension and Twin Peaks Targets at the DGP Gold Project in the central Namibian Gold belt. The link DGP Regional Plan Map shows the location of the DGP Gold project and the new soil sampling grids in relation to the Navachab Gold Mine (operated by QKR), and the Companies' GoldKop target. The DGP Gold Project is part of [...]

Helio Resource announces that the company has granted 5,700,000 incentive stock options to certain directors, employees and consultants. The stock options have an exercise price of $0.07 per share and will be valid until October 1, 2019. The Company's Stock Option Plan allows for the issuance of up to 10% of Issued and Outstanding share capital in the form of incentive stock options. As a result of this grant, the company [...]

Helio Resource is pleased to announce that, following the successful completion of a $4 million financing in July, the Company's Board of Directors has approved a $1.5 million diamond drill program for the SMP Project in the Lupa Goldfield, SW Tanzania. 2014 Drill Program The drill program is expected to include 5,000-7,000m of drilling and be completed by the end of November, 2014. The drill program will focus on adding [...]

Helio Resource is pleased to announce the results of its Annual General Meeting held on August 26, 2014. All the resolutions presented to the shareholders were approved (see the SEDAR filing of the Company's Information Circular, dated July 29, 2014). Votes representing 40,890,000 shares were cast (20.75% of the issued and outstanding shares at the record date). A summary of the results is presented below: ...

/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES./ VANCOUVER, July 28, 2014 /CNW/ - Helio Resource Corp. (TSX.V: HRC) ("Helio" or the "Company") is pleased to announce the result of the Special General Meeting held July 25, 2014. At this meeting, disinterested shareholders of the Company approved the Company's proposed private placement transaction resulting in the [...]

Helio Resource is pleased to announce that, further to its news release of May 28, 2014, it has closed the first tranche of its non-brokered private placement for proceeds of $2,955,000. The Company has issued 59,100,000 units at a price of $0.05 per Unit. Each Unit consists of one common share and one half of one (1/2) common share purchase warrant. Each Warrant entitles the holder to acquire one Common Share for a [...]

Helio Resource is pleased to announce a non-brokered private placement to raise up to $4,000,000 comprised of up to 80,000,000 units at a price of $0.05 per Unit. Each Unit shall consist of one common share and one half of one (1/2) common share purchase warrant. Each whole warrant will entitle the holder thereof to acquire one Common Share for a period of two years from closing, at a price of $0.10 per share. Commissions [...]

Helio Resourceis pleased to announce that three more of its licences within the SMP Gold Project have been converted into Retention Licences. The Company was notified that PL2963, PL2964 and PL2965, which cover the Porcupine Resource Area, the colonial period Gap and Kwaheri mines, and numerous other exploration targets, have been approved for conversion into Retention Licences. For the exact location of the licences [...]

Helio Resource is pleased to announce that licence PL2580, which covers the Kenge Resource Area on the SMP Gold Project, has been converted into a Retention Licence. The Company was notified of the conversion by way of a letter from the Ministry of Energy and Minerals of the United Republic of Tanzania dated March 21, 2014. A Retention Licence ("RL") is the stepping stone between a Prospecting Licence and a Mining [...]

Helio Resource and Solomon Resources are pleased to report the companies have entered into a Letter of Intent, whereby Solomon can earn up to a 60% interest in Helio's Damara Gold and Tin Project in Namibia. Subject to TSX Venture Exchange approval, the principal terms of the two-stage agreement are as follows: Stage 1 (to earn a 51% interest)