New Risk • Jun 02
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$1.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.6m free cash flow). Earnings have declined by 67% per year over the past 5 years. Revenue is less than US$1m (US$4.0k revenue). Duyuru • May 13
Helius Minerals Limited Appoints Leigh Junk as Independent Non-Executive Director Helius Minerals Limited has appointed Leigh Junk as an Independent Non-Executive Director of the Company. Mr. Junk is a seasoned executive and mining engineer with more than 30 years of mining industry experience, including executive management and operational roles. Most recently, Mr. Junk served as Managing Director of Karora Resources Ltd. prior to its CAD 1.2 billion merger with Westgold Resources Ltd. He has also served as Managing Director of several ASX-listed companies and co-founded a private company that successfully acquired and recommissioned several nickel mines in Kambalda, Western Australia. In addition, Mr. Junk has served as a director of numerous public companies in the mining and financial sectors in Australia and Canada. He is also a graduate of the Australian Institute of Company Directors. New Risk • Apr 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 35% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding). Recent Insider Transactions Derivative • Feb 22
Non-Executive Chairman exercised options to buy CA$2.4m worth of stock. On the 13th of February, Evan Courtney Jones exercised options to buy 575k shares at a strike price of around CA$0.15, costing a total of CA$86k. This transaction amounted to 3.8% of their direct individual holding at the time of the trade. Since June 2025, Evan Courtney's direct individual holding has increased from 299.95k shares to 15.09m. Company insiders have collectively bought CA$193k more than they sold, via options and on-market transactions, in the last 12 months. New Risk • Feb 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (CA$133.7m market cap, or US$98.5m). Duyuru • Feb 06
Helius Minerals Limited announced that it has received CAD 39.942 million in funding On February 5, 2026, Helius Minerals Limited closed the transaction. The company announced that it has issued 832,150 units at an issue price of CAD 3 per unit for gross proceeds of CAD 2,496,450 and 12,481,850 subscription receipts at an issue price of CAD 3 per share for gross proceeds of CAD 37,445,550; aggregate gross proceeds of CAD 39,942,000. Each subscriber's investment was allocated in Units and Subscription Receipts in an amount pro rata to the total Offering. Each Unit consists 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 is exercisable to acquire one Common Share (a "Warrant Share") at a price of CAD 4.50 per Warrant Share, and for an exercise period of 3 years from the date of issuance. In connection with the Offering, the Company (i) paid to the Agent cash fees of CAD 901,418 (together, the "Agent's Fees"), including 50% of the fees payable with respect to the sale of the Subscription Receipts; and (ii) issued to the Agent an aggregate of 565,436 compensation options (the "Compensation Options"). The remaining 50% of the Agent's Fees with respect to the sale of Subscription Receipts, will be held in escrow by the Subscription Receipt Agent and such Agent's Fees shall be released to the Agent upon satisfaction or waiver, as applicable, of the Escrow Release Conditions. Each Compensation Option issued in respect of the sale of Units is exercisable to purchase one Common Share (a "Compensation Option Share") at the Issue Price for a period that is the same as the exercise period of the Warrants. Duyuru • Jan 07
Helius Minerals Limited announced that it expects to receive CAD 25.002 million in funding Helius Minerals Limited announced a best effort private placement to issue 833,400 unit at an issue price of CAD 3 for the proceeds of CAD 2,500,200 and 7,500,600 subscription receipt at an issue price of CAD 3 for the proceeds of CAD 22,501,800 on January 6, 2026. Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each warrant will be exercisable to acquire one common share at a price of CAD 4.50 per warrant share and for an exercise period of three years from the date of issuance. The closing of the transaction and completion of the acquisition are subject to, among other conditions, receipt of all required shareholder, board of directors, regulatory and stock exchange approvals in connection with the transaction, including the approval of the TSX Venture Exchange Each subscription receipt issued in connection with the offering will entitle the holder, without payment of additional consideration and without further action by the holder, to receive one unit In connection with the offering, a cash commission equal to 6 per cent of the gross proceeds of the offering will be payable to the agent on closing, and, 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 per cent of the gross proceeds of those sales. Compensation options equal to 6 per cent of the number of offered securities issued by the company under the offering will be issued to the agent on closing The offering is expected to close on or about January. 29, 2026. The units, common shares and warrants underlying the units, the compensation options and the common shares underlying the compensation options, and the common shares underlying the warrants shall be subject to a hold period in Canada under applicable Canadian securities laws ending on the date that is four months and one day following the closing date. It is anticipated that certain insiders of the company may acquire offered securities. Board Change • Dec 23
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Sam Clarke was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Nov 03
Helius Minerals Limited, Annual General Meeting, Dec 19, 2025 Helius Minerals Limited, Annual General Meeting, Dec 19, 2025. Location: british columbia, vancouver Canada New Risk • Aug 31
New major risk - Revenue and earnings growth Earnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 13% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$67.3m market cap, or US$49.0m). Duyuru • Aug 13
Helius Minerals Limited Provides Update on Progress with the Serra Pelada Gold-PGM Project, Brazil Helius Minerals Limited announced that after signing the definitive Exclusivity, Share Option and Acquisition Agreement dated as of March 3, 2025 (the "Definitive Agreement") with Colossus Minerals Inc. regarding the Serra Pelada gold-PGM project in Brazil (the "Serra Pelada Project"), it has significantly advanced negotiations and mutual understanding with Brazilian governmental agencies and legal proceedings to finalize this accord. Since the signing of the Definitive Agreement, Helius has held a series of successful meetings with both the Brazilian Ministry of Mines (MME) and the National Mining Agency (ANM) that have strengthened the strategic framework to facilitate returning the Serra Pelada Project to commercial production. Helius has also obtained access to a broad collection of historical technical, legal, and financial documentation related to the Serra Pelada Project, much of which had been left unstructured following Colossus' insolvency. The Serra Pelada Project was put on a care and maintenance program in 2014 when Colossus became insolvent after incurring significant development expenditures prior to achieving commercial production. New Risk • Apr 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (67% average weekly change). Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (CA$26.4m market cap, or US$19.0m). Duyuru • Apr 11
Helius Minerals Limited announced that it has received CAD 2.15 million in funding On April 11, 2025, Helius Minerals Limited closed the transaction. All the securities issued under the offering is subject to a hold period of four-month expiring on August 11, 2025. Duyuru • Mar 25
Helius Minerals Limited announced that it expects to receive CAD 2.15 million in funding Helius Minerals Limited announced a non-brokered private placement to issue 4,300,000 common shares at an issue price of CAD 0.50 per share for gross proceeds of CAD 2,150,000 on March 25, 2025. The Private Placement is subject to receipt of TSXV approval. A 6% cash finder’s fee, or a 6% finder’s fee in Common Shares, may be paid to arm’s length finders in connection with the Private Placement. Duyuru • Mar 17
Helius Minerals Limited, Annual General Meeting, Apr 29, 2025 Helius Minerals Limited, Annual General Meeting, Apr 29, 2025. Location: british columbia, vancouver Canada Board Change • Feb 14
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Matt Hardisty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 31
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Matt Hardisty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 30
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Matt Hardisty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 21
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Matt Hardisty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 18
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Matt Hardisty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 23
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Matt Hardisty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 15
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Matt Hardisty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Matt Hardisty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 08
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Matt Hardisty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Dec 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$510k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$510k free cash flow). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (144% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.71m market cap, or US$2.00m). Board Change • Sep 05
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Matt Hardisty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jul 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 144% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 3.1% per year over the past 5 years. Shareholders have been substantially diluted in the past year (144% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.87m market cap, or US$1.41m). Duyuru • Jul 25
Altan Nevada Minerals Limited announced that it has received CAD 1 million in funding On July 24, 2023, Altan Nevada Minerals Limited closed the transaction. There is no finders fees payable in connection with the transaction. The TSX Venture Exchange has conditionally accepted for listing 20 million common shares issuable pursuant to the transaction. The transaction remains subject to the final acceptance of the TSXV. Certain insiders of the company, Christian Jon Grainger and Evan Jones and Kerry Francis Griffin participated in the transaction. Grainger participated in the transaction for 6,085,580 common shares for CAD 304,279. Jones participated for a total of 3,000,000 common shares for a total of CAD 150,000. Griffin participated for a total of 600,000 common shares for CAD 30,000. The common shares issued are subject to a statutory hold period of four months and a day from the date of issuance and, as applicable, hold periods under United States securities laws.
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 21 placees including total existing insider involvement of 9,685,580 from four insiders. Board Change • Jul 12
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Matt Hardisty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 10
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Matt Hardisty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Matt Hardisty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 14
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Matt Hardisty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 13
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Matt Hardisty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 21
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Matt Hardisty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 24
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Matt Hardisty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Matt Hardisty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 18
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Matt Hardisty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • May 19
Altan Nevada Minerals Limited Announces Executive Changes Altan Nevada Minerals Limited announced that Brian Cole has been named Chief Financial Officer following the resignation of Robert Williams. Mr. Cole, a director and Corporate Secretary of the Company, has a Bachelor of Business degree from the Western Australian Institute of Technology, specializing in Business Law and Accounting. He is a Chartered Accountant and Chartered Management Consultant. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Brian Cole was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Dec 25
Altan Nevada Minerals Limited announced that it has received CAD 0.471259 million in funding On December 24, 2021, Altan Nevada Minerals Limited closed the transaction. The company has issued 7,125,926 common shares for a total gross proceeds of CAD 471,259. The company has paid finders' fees in cash to Canaccord Genuity (Australia) Ltd. CAD 12,000, Parkwise Corp. Pty. Ltd. CAD 2,400, Avalancia Pty. Ltd. CAD 3,600, International Research Corp. Pty. Ltd. CAD 6,255.56 and Research Capital Corp. CAD1,200. The shares issued under the offering will be subject to a statutory hold period expiring on April 25, 2022. Duyuru • Sep 25
Altan Nevada Minerals Limited announced that it expects to receive CAD 0.47164 million in funding Altan Nevada Minerals Limited announced a non-brokered private placement of up to 47,164,000 common shares at a price of CAD 0.01 per common share for gross proceeds of CAD 471,640 on September 24, 2021. The company may pay a finder's fee in respect of those purchasers under the offering introduced to the company by certain parties. Each finder will receive a cash payment equal to 6 per cent of the gross proceeds received by the company from purchasers under the offering who were introduced to the company by such finder. Duyuru • Oct 14
Altan Nevada Minerals Limited announced that it expects to receive CAD 0.5 million in funding Altan Nevada Minerals Limited (TSXV:ANE) announced a non-brokered private placement of a minimum 33,333,333 common shares at a price of CAD 0.015 per share for gross proceeds of CAD 500,000 on October 13, 2020. The company will pay finder's fee equal to 6% of the gross proceeds in cash. The company will issue the securities under the temporary relief announced by TSX Venture Exchange. The transaction is expected to close in November 2020. Duyuru • Jun 19
Altan Nevada Minerals Limited Auditor Raises 'Going Concern' Doubt Altan Nevada Minerals Limited filed its Annual on Jun 16, 2020 for the period ending Dec 31, 2019. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern. 
