Heliostar Announces Closing of the Acquisition of the Goldstrike Project in Utah

Vancouver, British Columbia--(Newsfile Corp. - April 27, 2026) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") announces that, further to its news release dated March 23, 2026, it has completed the acquisition of a 100% interest in the Goldstrike project located in Utah, USA (the "Goldstrike Project") from Liberty Gold Corp. Initial consideration consists of US$10.0 million in cash plus 1,593,213 shares of the Company, with additional staged payments totaling US$60.0 million over the next five years.