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Horizon Gold Ltd Director Increases Stake Through Entitlement Issue

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Horizon Gold Ltd Director Increases Stake Through Entitlement Issue

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Horizon Gold Ltd ( (AU:HRN) ) has provided an update.

Horizon Gold Ltd announced a change in the director’s interest, with Peter Ross Sullivan acquiring 455,748 fully paid ordinary shares through participation in a Renounceable Rights Entitlement Issue. This acquisition reflects a strategic move to strengthen the director’s stake in the company, potentially signaling confidence in the company’s future prospects and stability in its operations.

More about Horizon Gold Ltd

Horizon Gold Ltd operates in the mining industry, focusing on the exploration and development of gold projects. The company is involved in the acquisition and management of mineral resources, with a market focus on gold production and exploration.

Average Trading Volume: 35,328

Technical Sentiment Signal: Buy

Current Market Cap: A$79.66M

See more data about HRN stock on TipRanks’ Stock Analysis page.

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