Helix Rights Trading Opens: Shareholders Gain Flexible Options Until August 27

Rights Trading Begins

Helix Resources Limited has officially commenced trading of rights linked to its renounceable rights issue, a strategic capital raising initiative announced just two days prior. Starting 14 August 2025, shareholders can now trade their entitlements on the ASX under the code HLXR, with the trading window set to close on 27 August 2025.

This rights issue structure offers shareholders flexibility – they may choose to fully subscribe to their entitlements, partially participate, or sell their rights to other investors on the open market. This approach not only provides liquidity but also allows the company to gauge investor appetite ahead of the issue’s close.

Backing Exploration Ambitions

The capital raised through this rights issue is poised to underpin Helix’s aggressive exploration programs across two key regions. In Arizona, USA, Helix recently acquired the White Hills Copper-Gold Project in partnership with Newmont, tapping into a world-class porphyry copper belt. Additionally, the company operates a joint venture at the Gold Basin project, situated in a prolific gold trend known for multi-million-ounce deposits.

Back home in Australia, Helix is advancing its footprint in the Cobar region of New South Wales. The company operates the Helix-Legacy earn-in project near established copper and gold mines, and holds extensive tenements with promising copper-gold anomalies. These projects collectively represent significant growth potential in copper and gold, commodities critical to the global energy transition.

Strategic Implications for Shareholders

For shareholders, the rights trading period is a pivotal moment to decide their level of involvement in Helix’s growth story. Those confident in the company’s exploration prospects may opt to increase their holdings by exercising their rights. Conversely, shareholders seeking liquidity or less exposure can monetise their entitlements on the ASX.

While the announcement does not disclose the total capital targeted or pricing details, market participants will be watching closely for trading volumes and pricing trends during this period. The outcome will provide insight into investor sentiment and the financial runway Helix will have to advance its projects.

Helix’s board, led by Executive Chairman Mike Povey, remains focused on delivering value through disciplined exploration and strategic partnerships. The rights issue is a clear signal of the company’s intent to accelerate its copper and gold exploration ambitions in two of the world’s most prospective mining jurisdictions.