• Helius Minerals exercised an option to acquire Colossus Minerals’ Brazilian subsidiaries, including Colossus Mineração and Mineração Fazenda Monte Belo, plus related intercompany loans.
• The assets include exposure to the Serra Pelada gold-PGM project in Pará, Brazil, where Colossus Brazil holds a 75% stake in SPCDM.
• Option exercise commits Helius to close the purchase, subject to remaining conditions, with closing targeted no later than July 31, 2026.
• Escrow conditions were met for a February 2026 financing of 13,314,000 offered securities at $3, raising $39.94 million gross to support closing and project work.
• Subscription receipts converted into units with warrants exercisable at $4.5 for three years, with potential expiry acceleration if the stock’s VWAP reaches $6.75 for 20 sessions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Helius Minerals Limited published the original content used to generate this news brief via Newsfile (Ref. ID: 202606300700NEWSFILECNPR____20260630_303421_1) on June 30, 2026, and is solely responsible for the information contained therein.