Allied Gold Corp ownership update: Helikon Investments Limited and Federico Riggio report beneficial ownership of 12,272,202 common shares. The filing states this amount against an aggregate of 115,379,216 shares outstanding. The filing is a joint Schedule 13G/A, signed May 7, 2026.
Positive
None.
Negative
None.
Insights
Passive investor filing shows a sizable disclosed position.
The Schedule 13G/A lists Helikon Investments Limited and Federico Riggio as reporting persons holding 12,272,202 common shares. The filing is presented as a joint statement and is dated May 7, 2026.
The filing format indicates a passive disclosure rather than an active takeover bid; subsequent disclosures would be required only if voting/dispositive power or ownership purpose changes. Future amendments would clarify any change in ownership category or percent-of-class calculations.
"Joint Filing Statement pursuant to Rule 13d-1(k)"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Beneficially ownedmarket
"Amount beneficially owned: The information required by Item 4(a)"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Shared dispositive powerregulatory
"Shared Dispositive Power 12,272,202.00"
Joint filing statementregulatory
"JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k)"
What does Allied Gold (AAUC) Schedule 13G/A filed by Helikon mean?
It reports a disclosed passive stake: 12,272,202 common shares held jointly by Helikon and Federico Riggio. The filing identifies the position and joint-filing status, indicating passive disclosure rather than an active control intent as of May 7, 2026.
How large is Helikon's reported position in Allied Gold (AAUC)?
Helikon and Federico Riggio report beneficial ownership of 12,272,202 common shares. The filing references an aggregate share base of 115,379,216 shares outstanding, and the statement is dated May 7, 2026.
Does the Schedule 13G/A indicate Helikon seeks control of Allied Gold (AAUC)?
No explicit control intent is stated; the Schedule 13G/A format typically signals a passive investment. The filing is a joint statement under Rule 13d-1(k) and does not assert active control or change-in-control language in the provided excerpt.
Who is the reporting party on the Allied Gold (AAUC) filing?
The reporting persons are Helikon Investments Limited (Helikon UK) and Federico Riggio, with addresses at 17 Waterloo Place, London SW1Y 4AR. The document includes a joint filing statement and signatures dated May 7, 2026.
Will Allied Gold (AAUC) require further filings after this Schedule 13G/A?
If ownership percentage, voting or dispositive power, or purpose of the holdings changes, the reporting persons must amend. The joint filing statement affirms future amendments will be filed on behalf of all undersigned when required.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Allied Gold Corp
(Name of Issuer)
Common Shares
(Title of Class of Securities)
01921D204
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
01921D204
1
Names of Reporting Persons
Helikon Investments Limited
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED KINGDOM
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
12,272,202.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
12,272,202.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
12,272,202.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.75 %
12
Type of Reporting Person (See Instructions)
IA, PN
SCHEDULE 13G
CUSIP Number(s):
01921D204
1
Names of Reporting Persons
Federico Riggio
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ITALY
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
12,272,202.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
12,272,202.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
12,272,202.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.75 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Allied Gold Corp
(b)
Address of issuer's principal executive offices:
Royal Bank Plaza, North Tower, 200 Bay Street, Suite 2200, Toronto, Ontario Canada, M5J 2J3
Item 2.
(a)
Name of person filing:
(i) Helikon Investments Limited a United Kingdom public limited company ("Helikon UK"), with respect to the common shares without par value (the "Common Shares") of Skeena Resources Ltd., a Vancouver corporation (the "Company"), held by Helikon Long Short Equity Fund Master ICAV (the "Helikon Fund") managed by Helikon UK
(ii) Federico Riggio ("Mr. Riggio", and together with Helikon UK, the "Reporting Persons"), with respect to the CAD listed shares directly held by the Helikon Fund.
(b)
Address or principal business office or, if none, residence:
(i) Helikon UK; 17 Waterloo Place, London SW1Y 4AR.
(ii) Mr. Riggio 17 Waterloo Place, London SW1Y 4AR.
(c)
Citizenship:
Helikon UK is a United Kingdom public limited company organized under the laws of the United Kingdom. Mr. Riggio is a citizen of the Italy.
(d)
Title of class of securities:
Common Shares
(e)
CUSIP No.:
01921D204
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Helikon UK is an investment manager, authorized and regulated by the Financial Conduct Authority in the United Kingdom which is comparable to the regulatory scheme applicable to the investment advisers covered by Item 3(e) above.
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Item 4(a) is set forth in Row 9 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
The percentage set forth in this Schedule 13G is calculated based upon an aggregate of 115,379,216 Shares outstanding.
(b)
Percent of class:
7.75%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(ii) Shared power to vote or to direct the vote:
The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Helikon Investments Limited
Signature:
/s/ Paul McLernon
Name/Title:
Paul McLernon - Director
Date:
05/07/2026
Federico Riggio
Signature:
/s/ Federico Riggio
Name/Title:
Federico Riggio
Date:
05/07/2026
Exhibit Information
Exhibit I
JOINT FILING STATEMENT
PURSUANT TO RULE 13d-1(k)
The undersigned acknowledge and agree that the foregoing statement on Schedule 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.
Dated: May 7, 2026
Helikon Investments Limited
By: /s/ Paul McLernon
Paul McLernon | Director
Federico Riggio
By: /s/ Federico Riggio
