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Entree Resources Ltd. press release

Helio (TSX-V:HRC) Reprices Share Purchase Warrants

TSX - Toronto Stock Exchange · Copper · Gold · Silver · Molybdenum · Canada

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| TSX-V Trading Symbol: HRC | Toll Free: +1 888 955 4728 | | E-mail: info@helioresource.com | Website: www.helioresource.com |

VANCOUVER, June 3, 2015/CNW/ - Helio Resource Corp (TSX-V:HRC), ("Helio" or the "Company") reports that it has applied for and received the approval of the TSX Venture Exchange for the repricing of 40,050,000 share purchase warrants from 10¢ per share to 5¢ per share. No other terms of the warrants will be modified.

The share purchase warrants consist of two groups:

29,550,000 warrants expiring June 13, 2016, and 10,500,000 warrants expiring July 27, 2016

About Helio Resource Corp.

Helio Resource Corp. is a resource company focused on advancing the 100% owned SMP Gold Project in Tanzaniato a production decision, and outlining the resource potential at the DGP Gold Project in Namibia.

ON BEHALF OF THE BOARD OF DIRECTORS

| "Richard D. Williams" | "Chris MacKenzie" | | Richard D. Williams, P.Geo | Christopher J. MacKenzie, C.Geol. |

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.

SOURCE Helio Resource Corp.

Richard Williams at 604 638 8005Copyright CNW Group 2015

Earlier from Entree Resources Ltd.