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Horizon Minerals Ltd ( (AU:HRZ) ) just unveiled an update.
Horizon Minerals Limited and Poseidon Nickel Limited have announced the approval of their merger by the Supreme Court of Western Australia. The merger, structured as schemes of arrangement, will see Horizon acquire 100% of Poseidon’s shares and options. With the court’s approval, the schemes will become effective and Poseidon’s securities will be suspended from trading on the ASX, with further key dates set for the merger’s implementation, including the suspension and termination of Poseidon’s listings.
More about Horizon Minerals Ltd
Average Trading Volume: 20,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €45.56M
Learn more about HRZ stock on TipRanks’ Stock Analysis page.
