Sept 6 (Reuters) - Helio Resource Corp HRC.V
* Has concluded that there is no proper basis for Shanta
Gold's purported termination of arrangement agreement between
Shanta Gold and co
* Arrangement agreement remains in effect between co and
Shanta Gold
* Expects Shanta Gold to satisfy obligations thereunder,
including taking all commercially reasonable actions required to
complete transaction
Source text for Eikon: ID:nCNWVG8yda
Further company coverage: HRC.V
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