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Helius Minerals Receives Strong Investor Support on Non-Brokered Private Placement
Helius Minerals Receives Strong Investor Support on Non-Brokered Private Placement Cana...
About this update from Helius Minerals Limited
[{"type":"text","content":"\n\n\n\n Helius Minerals Receives Strong Investor Support on Non-Brokered Private Placement\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n\n\n\n\n VANCOUVER BC\n \n\n ,\n \n\n April 4, 2025\n \n\n /CNW/ - Helius Minerals Limited (\"\n \n Helius\n \n \" or the \"\n \n Company\n \n \") (TSXV: HHH) wishes to provide an update on the proposed non-brokered private placement (the \"\n \n Private Placement\n \n \") comprised of the sale of up to 4,300,000 common shares of the Company (each, an \"\n \n Offered Share\n \n \" and each common share of the Company, a \"\n \n Common Share\n \n \") at a price of\n \n Cdn$0.50\n \n per Offered Share for up to gross proceeds of\n \n $2,150,000\n \n . The Company is pleased to report that it has received strong support for subscriptions under the Private Placement and expects the Private Placement to be fully subscribed. Subject to receipt of approval by the TSX Venture Exchange (the \"\n \n TSXV\n \n \"), the Company anticipates closing the Private Placement on or around\n \n April 10, 2025\n \n . Further details about the Private Placement were disclosed in the Company's news release of\n \n March 25, 2025\n \n .\n \n\n\n\n\n\n\n\n\n As disclosed in the Company's news releases of\n \n March 4, 2024\n \n and\n \n March 25, 2025\n \n , the Company has entered into an Exclusivity, Share Option and Acquisition Agreement dated as of\n \n March 3, 2025\n \n (the \"\n \n Definitive Agreement\n \n \") with Colossus Minerals Inc. (\"\n \n Colossus\n \n \") to acquire the Serra Pelada gold-PGM project in\n \n Brazil\n \n (the \"\n \n Serra Pelada Project\n \n \") (which Colossus placed on a care and maintenance program in 2014 when Colossus became insolvent).\n \n\n Under the Definitive Agreement, Helius has been provided with a twelve-month exclusivity period (the \"\n \n Organizational Period\n \n \") during which it would raise not less than\n \n US$1 million\n \n...