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Horizon Gold Ltd Issues 10.32 Million Shares to Investors

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Horizon Gold Ltd Issues 10.32 Million Shares to Investors

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An announcement from Horizon Gold Ltd ( (AU:HRN) ) is now available.

Horizon Gold Ltd has issued 10,320,000 fully paid ordinary shares to sophisticated and professional investors as part of a placement announced earlier in July 2025. This strategic move, utilizing the company’s existing placement capacity under ASX Listing Rule 7.1, aims to strengthen its financial position and enhance its market operations, potentially impacting its stakeholders positively by adhering to the Corporations Act’s compliance requirements.

More about Horizon Gold Ltd

Horizon Gold Ltd operates in the mining industry, focusing on the exploration and development of gold resources. The company is based in West Perth, Australia, and targets sophisticated and professional investors for its financial activities.

Average Trading Volume: 33,511

Technical Sentiment Signal: Buy

Current Market Cap: A$77.27M

For detailed information about HRN stock, go to TipRanks’ Stock Analysis page.

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