VANCOUVER, BC, May 5, 2026 /CNW/ - Helius Minerals Limited ("Helius" or the "Company") (TSXV: HHH) announces that the Company provided notice to Colossus Minerals Inc. ("Colossus") pursuant to the Exclusivity, Share Option and Acquisition Agreement dated March 3, 2025 between the Company and Colossus, as amended on October 22, 2025 (as amended, the "Definitive Agreement") and has the option (the "Option") to acquire a 75% beneficial interest in the Serra Pelada gold-platinum-palladium mining project in Pará, Brazil (the "Project"). The Company has until October 1, 2026 to, in its sole discretion, exercise the Option, which period can be extended in certain circumstances in accordance with the terms of the Definitive Agreement.
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