• Helius Minerals secured conditional TSXV clearance to close its purchase of Colossus Minerals’ Brazilian subsidiaries holding the Serra Pelada gold-PGM project interests.
• The deal targets Colossus Mineração and Mineração Fazenda Monte Belo, including intercompany loans, giving exposure to Colossus Brazil’s 75% stake in SPCDM.
• Serra Pelada’s mining rights and assets sit in Pará State, Brazil, under SPCDM.
• Helius plans to exercise its option under the amended March 3, 2025 agreement, moving toward transaction closing.
• Option exercise is expected to trigger escrow release conditions for 12,481,850 subscription receipts sold at $3 for gross proceeds of $37.45 million.

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 on June 11, 2026, and is solely responsible for the information contained therein.