Helio Announces Private Placement for up to $1.75 Million

TSX-V Trading Symbol: HRC
Toll Free: +1 888 955 4728
E-mail: info@helioresource.com
Website: www.helioresource.com 
VANCOUVER, April 22, 2013 /CNW/ - Helio Resource Corp. (TSX.V: HRC) ("Helio" 
or the "Company") is pleased to announce a non-brokered private placement to 
raise up to $1,750,000 comprising 25,000,000 units (the "Units") at a price of 
$0.07 per Unit. Each Unit shall consist of one common share of the Company (a 
"Common Share") and one common share purchase warrant of the Company (each 
whole such common share purchase warrant, a "Warrant"). Each Warrant will 
entitle the holder thereof to acquire one Common Share at any time until the 
second anniversary of the issuance of the Warrant, at a price of $0.14. 
CE Mining Limited ("CE Mining"), a Guernsey based company, will subscribe for 
a minimum of 20,000,000 Units (for $1,400,000). The balance of the placement 
(5,000,000 Units) will be placed by the Company. CE Mining has the right to 
subscribe for any Units not placed by the Company. No fees or warrants shall 
be issued in connection with this financing. 
Assuming that CE Mining subscribes for no more than 20,000,000 Units it will 
own 14.75% of the issued and outstanding share capital of the Company upon 
closing of a fully subscribed placement. On a partially diluted basis, CE 
Mining would own approximately 25.7% of the issued capital of the Company. 
About CE Mining 
CE Mining Ltd, a company jointly owned and managed by Plinian Capital Ltd 
("Plinian") and Generation Asset Management, invests in exploration and 
development mineral resource projects. 
Plinian is an investor in and a leading operational manager of mineral 
discovery, development, production, and turnaround opportunities with 
extensive operational expertise in gold, silver, copper, nickel, PGMs 
(platinum group metals) and iron ore in the Americas, Australia and Africa. 
Generation Asset Management (UK) Limited is an asset management, private 
equity and corporate finance company. 
CE Mining's three key principals have a combined experience base of more than 
75 years in the mineral resource industry and include: 
Mr. Bradford A. Mills has over 30 years experience in the natural resources 
industry, having served on the boards of companies including: Lonmin, BHP 
Billiton, Rio Algom, Magma Copper, and Echo Bay among others, in a wide 
variety of capacities including strategy and corporate transformation, 
operational management, ore body development and worldwide exploration. Mr. 
Mills is also the founder and Managing Director of Plinian and is a director 
of its portfolio companies, including Mandalay Resources Limited (TSX MND), 
Nimini Holdings Ltd and West African Minerals Corporation (LON:WAFM). 
Dr. Mark Sanders holds a PhD in Ore Deposits and Exploration from Stanford 
University (USA), has been active in the mineral resource industry for the 
last 25 years in operations, and is also a principal of CE Mining, and 
Plinian. Dr. Sanders acts as the Chief Operating Officer of Mandalay Resources 
Mr. Anton Mauve has over 20 years of experience in the resource industry, and 
was a former Vice President Strategy and Long Term Planning with Lonmin plc. 
Mr Mauve currently is a director of Plinian and West African Minerals 
The private placement is scheduled to close on or about May 3, 2013. 
Use of Proceeds 
The proceeds from the private placement will be used for the advancement of 
the resource at Helio's 238km² SMP Gold Project in the Lupa Goldfields of 
South West Tanzania, and for general corporate working capital purposes. 
All securities issued in connection with the private placement will be subject 
to a four-month hold period during which those securities cannot be traded. 
Completion of the private placement is subject to a number of conditions 
including completion of satisfactory due diligence investigations and receipt 
of all necessary regulatory approvals. 
These securities being offered have not been, and will not be, registered 
under the United States Securities Act of 1933, as amended (the "U.S. 
Securities Act") and may not be offered or sold in the United States or to, or 
for the benefit of, U.S. persons (as defined in Regulation S under the U.S. 
Securities Act) absent U.S. registration or an applicable exemption from the 
U.S. registration requirements. This release does not constitute an offer for 
sale of securities in the United States. 
"Richard D. Williams"
Richard D. Williams, P.Geo
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that 
term is defined in the policies of the TSX Venture Exchange) accepts 
responsibility for the adequacy or accuracy of this release. 
Certain statements contained in this news release may contain forward-looking 
information within the meaning of Canadian securities laws. Such 
forward-looking information is identified by words such as "estimates", 
"intends", "expects", "believes", "may", "will" and include, without 
limitation, statements regarding the company's plan of business operations 
(including plans for progressing assets), estimates regarding mineral 
resources, projections regarding mineralization and projected expenditures. 
There can be no assurance that such statements will prove to be accurate; 
actual results and future events could differ materially from such statements. 
Factors that could cause actual results to differ materially include, among 
others, metal prices, risks inherent in the mining industry, financing risks, 
labour risks, uncertainty of mineral resource estimates, equipment and supply 
risks, title disputes, regulatory risks and environmental concerns. Most of 
these factors are outside the control of the company. Investors are cautioned 
not to put undue reliance on forward-looking information. Except as otherwise 
required by applicable securities statutes or regulation, the company 
expressly disclaims any intent or obligation to update publicly 
forward-looking information, whether as a result of new information, future 
events or otherwise. 
please contact Richard Williams at +1 604 638 8005 or by e-mail 
SOURCE: Helio Resource Corp. 
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CO: Helio Resource Corp.
ST: British Columbia
-0- Apr/22/2013 16:00 GMT
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