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Helius Minerals Provides an Update on the Agência Nacional de Mineração´s Recent Decisions for the Serra Pelada Project
VANCOUVER, BC, April 22, 2026 /CNW/ - Helius Minerals Limited ("Helius" or the "Company") (TSXV: HHH) is pleased to announce that the Agência Nacional de
About this update from Helius Minerals Limited
[{"type":"text","content":" VANCOUVER, BC, April 22, 2026 /CNW/ - Helius Minerals Limited (\"Helius\" or the \"Company\") (TSXV: HHH) is pleased to announce that the Agência Nacional de Mineração (the \"ANM\"), the Brazilian federal agency responsible for regulating, supervising and managing mining activities in Brazil, has authorized (the \"Authorization\") a one-year extension (the \"Extension\") to Serra Pelada Companhia de Desenvolvimento Mineral (\"SPCDM\") for the commencement of mining activities at the Serra Pelada mining concession (the \"Serra Pelada Mining Concession\") in Para State, Brazil, on the condition that SPCDM, the titleholder of such concession, satisfies a series of regulatory, environmental, and corporate compliance requirements (the \"Conditions\") within a 60-day extendable period (the \"Extendable Period\") pursuant to the Brazilian Mining Code. While the Authorization remains subject to satisfaction of the Conditions, the Company will assist SPCDM to demonstrate to the ANM substantive progress on all required items within the applicable timeframe and to engage constructively with the ANM throughout that process. Helius has entered into an agreement dated March 3, 2025, as amended (the \"Option Agreement\"), with Colossus Minerals Inc. (\"Colossus\") pursuant to which Helius has the option (the \"Option\") to acquire all of the shares of Colossus' Brazilian subsidiaries, including Colossus Mineração Ltda. (\"Colossus Brazil\") (which holds a 75% interest in SPCDM), and thereby a 75% beneficial interest in the Serra Pelada Mining Concession. The Serra Pelada Project has been dormant since 2014, and there was a significant risk of annulment and loss of the Serra Pelada Mining Concession. The grant of the Authorization has reduced the risk of annulment and loss of the Serra Pelada Mining Concession. Following a series of legal and technical discussions between the Company and the ANM, the ANM granted a one-year Extension to SPCDM for the commencement of mining activities at the Serra Pelada Mining Concession in March, 2026, subject to the satisfaction of the Conditions within the Extendable Period that was initially set to expire on May 2, 2026. SPCDM originally filed the request for the Extension in 2012, and the Company subsequently obtained a proxy from Colossus in February 2026 to represent SPCDM and to pursue the E...