Business
Helius Minerals Announces Upsize of Brokered Private Placement to C$35 Million
Vancouver, British Columbia--(Newsfile Corp. - January 7, 2026) - Helius Minerals Limited (...
About this update from Helius Minerals Limited
[{"type":"text","content":"Helius Minerals Announces Upsize of Brokered Private Placement to C$35 MillionVancouver, British Columbia--(Newsfile Corp. - January 7, 2026) - Helius Minerals Limited (TSXV: HHH) (\"Helius\" or the \"Company\") is pleased to announce an upsize to its previously announced commercially reasonable \"best efforts\" private placement offering (the \"Offering\"). Under the amended terms, Company will issue up to 833,400 units (the \"Units\") and up to 10,833,600 subscription receipts (the \"Subscription Receipts\" and, together with the Units, the \"Offered Securities\") of the Company at a price of $3.00 per Offered Security (the \"Issue Price\") for aggregate gross proceeds of up to $35,001,000 (the \"Offering Amount\"). Beacon Securities Limited (\"Beacon\") is acting as sole agent and bookrunner in connection with the Offering.Each subscriber's investment will be allocated in Units and Subscriptions Receipts in an amount that is pro rata to the total Offering, 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 Common Share (a \"Warrant Share\") at a price of $4.50 per Warrant Share, and for an exercise period of 3 years from the date of closing of the Offering (the \"Closing Date\"). In connection with the Offering, a cash commission equal to 6% of the gross proceeds of the Offering (the \"Cash Commission\") will be payable to the Agent on Closing, other than in respect of sales to those investors on the list of investors provided to Beacon by the Company (the \"President's List \") the Agent will receive a corporate finance fee, in cash, equal to 2% of the gross proceeds of those sales (the \"Corporate Finance Fee\").Compensation options (\"Compensation Options\" and together with the Cash Commission and the Corporate Finance Fee, the \"Agent's Commission\") equal to 6% of the number of Offered Securities issued by the Company under the Offering will be issued to the Agent on Closing (reduced to 2% on President's List orders). Each Compensation Option issued in respect of the sale of Units will be exercisable to purchase one Common Share ...