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Helius Minerals Limited Announces Issuance of Options

Share Capital & Compensation

FOR IMMEDIATE RELEASE

Helius Minerals Limited Announces Issuance of Options

Vancouver, British Columbia – September 16, 2026 – Helius Minerals Limited (TSX.V:

HHH) (“Helius” or the “Company”) announces that it has granted 500,000 stock options

(the “Options”) to a director of the Company pursuant to the Company’s stock option plan.

The Options were granted as of September 16, 2026, have an expiry date of 60 months

from the date of grant and are exercisable at a price of $4.45 per common share.

The Options vest as to 25% on the date of grant, as to a further 25% on the date that is 12

months following the date of grant and as to the remaining 50% on the date that is 24

months following the date of grant. The grant of the Options remains subject t o the

acceptance of the TSX Venture Exchange. The Options, and any common shares issued

upon the exercise thereof, are subject to a four month hold period from the date of grant.

About Helius

Helius is a mineral exploration company focused on the identification and development of

high-quality mineral assets across the Americas, with an emphasis on South American

jurisdictions.

ON BEHALF OF THE BOARD

Helius Minerals Limited

Christian Grainger (PhD, AIG)

President and CEO

M: +57 3146364676

[email protected]

Website: www.heliusminerals.com

Cautionary Statement Regarding Forward-Looking Information

This press release contains forward -looking information within the meaning of applicable

Canadian securities legislation (“forward-looking information”). Generally, forward-looking

information can be identified by the use of forward -looking terminology suc h as “plans”,

“expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”,

“forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of

such words and phrases or state that certain acts, events or results “may”, “could”, “would”,

“might” or “will be taken”, “occur” or “be achieved”. All information contained in this press

release, other than statements of current and historical fact, is forward-looking information.

Forward-looking information contained in this press release may include, without limitation,

statements regarding the acceptance of the grant of the Options by the TSX Venture

Exchange; the vesting and exercise of the Opti ons; the maintenance of the Company’s

existing business and assets; and the potential for precious metals (gold and silver) and

base metal (copper) discoveries. By their nature, forward -looking information involves

known and unknown risks, uncertainties and other factors which may cause actual results,

performance or achievements, or other future events, to be materially different from any

future results, performance or achievements expressed or implied by such forward-looking

information. Factors that could cause actual results to differ materially from such forward -

looking information include, but are not limited to, failure to receive TSX Venture Exchange

acceptance of the grant of the Options, failing to establish estimated resources and

reserves, the grade and recovery of precious metals and base metals which is mined

varying from estimates, delays in obtaining or failures to obtain required financing, capital

and operating costs varying significantly from estimates, delays in obtaining or failures to

obtain required governmental, environmental or other p roject approvals, delays in the

development of projects, changes in exchange rates, fluctuations in commodity prices,

inflation and other factors, and those risks set out in the Company’s public documents filed

on SEDAR+. Forward -looking statements are made based on management’s beliefs,

estimates and opinions on the date that statements are made and the Company

undertakes no obligation to update an y forward -looking information if these beliefs,

estimates and opinions or other circumstances should change, except as required by

applicable securities laws. There can be no assurance that such information will prove to

be accurate, and future events and actual results could differ materially from those

anticipated in such statements. Important factors that could cause actual results to differ

materially from our expectations are disclosed in the Company’s public documents filed

from time to time via SEDAR + at www.sedarplus.ca with the Canadian securities

regulatory authorities to whose policies the Company is bound. Investors are cautioned

against attributing undue certainty to forward -looking information. The Company

undertakes no obligation to update pub licly or otherwise revise any forward -looking

information whether as a result of new information, future events or other such factors

which affect this information, except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is

defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy

or accuracy of this release.