Business
Helius Minerals Announces C$25 Million Brokered Private Placement to Advance the Serra Pelada Gold-PGM Project
Vancouver, British Columbia--(Newsfile Corp. - January 6, 2026) - Helius Minerals Limited (...
About this update from Helius Minerals Limited
[{"type":"text","content":"Helius Minerals Announces C$25 Million Brokered Private Placement to Advance the Serra Pelada Gold-PGM ProjectVancouver, British Columbia--(Newsfile Corp. - January 6, 2026) - Helius Minerals Limited (TSXV: HHH) (\"Helius\" or the \"Company\") is pleased to announce that it has entered into an engagement agreement with Beacon Securities Limited (\"Beacon\" or the \"Agent\"), as lead agent and sole bookrunner, on a commercially reasonable \"best efforts\" private placement basis (the \"Private Placement\") to raise aggregate gross proceeds of up to $25,002,000 (the \"Offering Amount\"). The Private Placement will be comprised of the sale to investors of a combination of units (the \"Units\") and subscription receipts (the \"Subscription Receipts\" and, together with the Units, the \"Offered Securities\") of the Company, at a price per Offered Security of $3.00 (the \"Offering\"). Ten percent (10%) of the Offering Amount will be raised through the sale of Units, which will be issued immediately on closing of the Offering (the \"Closing\") to provide immediate working capital to the Company of up to $2,500,200. The remaining 90% of the Offering Amount will be raised through the sale of Subscription Receipts issued at Closing, with underlying Units to be issued upon the automatic exercise of the Subscription Receipts upon satisfaction or waiver of certain Escrow Release Conditions (as defined below). Net subscription funds with respect to the Subscription Receipts (the \"Escrowed Funds\") will be held in escrow by Computershare Trust Company of Canada (the \"Subscription Receipt Agent\"), subject to the satisfaction or waiver of the Escrow Release Conditions and pursuant to the terms of a subscription receipt agreement, to be entered into by and between the Company, Beacon and the Subscription Receipt Agent, which will govern the terms of the Subscription Receipts.Each subscriber's investment will be allocated 90% to the purchase of Subscription Receipts and 10% to the purchase of Units, or such other allocation as may be agreed by Beacon and the Company.Each Unit will consist of one common share of the Company (a \"Unit Share\" and each common share of the Company, a \"Common Share\") and one-half of one Common Share purchase warrant (each whole warrant, a \"Warrant\"). Each Warrant will be exercisable to acquire one Comm...