BULLETIN V2026-2206
HELIUS MINERALS LIMITED ("HHH")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Private Placement-Brokered
BULLETIN DATE: July 2, 2026
TSX Venture Tier 2 Company
Property-Asset or Share Purchase Agreement:
TSX Venture Exchange has accepted for filing documentation with respect to an exclusivity, share option and acquisition agreement dated March 3, 2025, as amended October 22, 2025 (the "Agreement") among Helius Minerals Limited (the "Company") and the holder of a 75% interest in the Serra Pelada project (the "Vendor"), in connection with the proposed acquisition by the Company of the Serra Pelada project, Brazil (the "Project").
The Company can acquire a 75% interest in the Project from the Vendor following the June 30, 2026 notice of exercise of its option to acquire the Project. Consideration includes US$100,000 and C$100,000 in cash payments, 4,134,389 special warrants that convert into common shares two years after closing (subject to early conversion in certain instances), 64,433 warrants exercisable at a price of C$3.00 per share for a period of 5 years, and the assumption of US$4,000,000 in debt (the "Debt"). The Debt can be converted into common shares of the Company at the election of the holder, on a one-time basis, at a price of C$3.00 per share.
In addition, the Company has agreed to settle outstanding debt by issuing 309,487 shares in settlement of certain debts at a price of C$6.00 per share.
For further details, please refer to the Company's news releases dated March 4, 2025, April 11, 2025, August 11, 2025, October 23, 2025, April 22, 2026, May 5, 2026, June 8, 2026, June 10, 2026, June 17, 2026 and June 30, 2026, available on SEDAR+.
Private Placement-Brokered:
Financing Type: Brokered Private Placement
Gross Proceeds: $37,445,550
Offering: 12,481,850 Listed Shares with 6,240,908 warrants
Offering Price: $3.00 per Listed Share
Warrant Exercise Terms: $4.50 per Listed Share for a 3-year period, subject to an acceleration right.
Commissions in Securities:
Shares Warrants
Agent (Aggregate) N/A 530,127
Commission Terms: Each non-transferable warrant is exercisable at $3.00 for a 3-year period.
Disclosure: Refer to the Company's news releases dated January 6, 2026, January 7, 2026 and February 5, 2026.
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