- Heliostar Metals (TSXV: HSTR) (OTCQX: HSTXF) appoints Stephen Soock and Connie Lillico to key management roles.
- 700,000 stock options and 150,000 RSUs granted to employees and consultants.
- Stock options have a two-year vesting period, while RSUs vest over three years.
Heliostar Metals Ltd. (TSXV: HSTR, OTCQX: HSTXF, FSE: RGG1) has announced strategic additions to its management team to bolster its growth initiatives. Stephen Soock has joined as Vice President of Investor Relations and Development, bringing nearly two decades of mining expertise, highlighted by his former role as a Brendan Wood-ranked sell-side research analyst at Stifel.
Alongside him, Connie Lillico has been appointed as Corporate Secretary. Ms. Lillico offers 20 years of experience with public mining companies, having notably served at First Majestic Silver Corp. Her expertise will guide Heliostar's regulatory and governance responsibilities.
In efforts to incentivize and align with company goals, Heliostar has issued 700,000 stock options and 150,000 restricted share units (RSUs) to its employees and consultants. The stock options, priced at $1.05, come with a five-year exercise window and a two-year vesting period. Meanwhile, the RSUs are set to vest in three equal annual installments commencing from the first grant anniversary.
Charles Funk, CEO of Heliostar, expressed optimism about these strategic appointments, emphasizing the added value they bring to the company's investor relations and governance, aligning with Heliostar's strategic focus on increasing production and reducing capital costs at their projects in Mexico.
