The Board of Directors of Heliostar Metals Ltd. approved the following Board and Management changes. It is with pride and pleasure that announced the addition of Mr. Barry Murphy as non-executive director with immediate effect to Heliostar's board of directors. Mr. Murphy will also join Heliostar's Technical Committee, chaired by Mr. Alan Wilson Ph.D. Mr. Murphy is currently the Chief Operating Officer of Aclara Resources Inc. and is a senior mining executive with a career spanning more than more than thirty years in mining and mineral processing.

Mr. Murphy has successfully delivered several multi-million/billion dollar projects in Southern Africa and South America. Mr. Murphy started with Anglo American in 1987 after earning a degree in Mechanical Engineering from the University of Witwatersrand and a degree in Commerce from the University of South Africa. Progressing to Sr. VP Technical and Projects and VP Projects, Copper within Anglo American.

Additionally, Mr. Murphy was Senior Vice President Technical Services &Projects for Yamana Gold Inc. and VP Engineering for Torex Gold Resources. Mr. Murphy is currently a member of Adventus Mining Corporation's Board of Directors. As part of the compensation of his service the Board will grant Mr. Murphy 200,000 share purchase options and 50,000 RSU's to the incoming director at the greater of the price on market close of the 11th of December or 30c.

As part of refining and streamlining responsibilities, Mr. Jacques Vaillancourt will become Non-Executive Chairman. This change will allow for better leadership, greater clarity of responsibilities and focus on the best in class Environmental, Social and Governance (ESG) standards. Mr. Charles Funk will add the title and role of President to his current title and responsibilities as Chief Executive Officer.

This combines the titles to the roles Mr. Funk was already fulfilling on a day-to-day basis and ensure clarity of responsibility and authority.