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Helius Minerals Enters Agreement for the Serra Pelada High-Grade Gold-PGM Project, Brazil

Newswire.ca - Tue Mar 4, 2025

VANCOUVER, BC, March 4, 2025 /CNW/ - Helius Minerals Limited ("Helius" or the "Company") (TSXV: HHH) is pleased to announce that it has signed a definitive Exclusivity, Share Option and Acquisition Agreement dated as of March 3, 2025 (the "Definitive Agreement") with Colossus Minerals Inc. ("Colossus") regarding the Serra Pelada gold-PGM project in Brazil (the "Serra Pelada Project"). Colossus put Serra Pelada on a care and maintenance program in 2014 when Colossus became insolvent. The property interests are held by Colossus' Brazilian subsidiaries, Colossus Mineração Ltda. ("Colossus Brazil") and Mineração Fazenda Monte Belo Ltda. ("MFM" collectively with Colossus Brazil, the "Target Companies").

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