Horizon Minerals Ltd (AU:HRZ) has released an update.
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Horizon Minerals Ltd and Poseidon Nickel Limited have dispatched a Scheme Booklet to shareholders detailing their proposed merger, which involves Horizon acquiring all shares and options of Poseidon. Shareholders are encouraged to review the materials thoroughly before voting at the Scheme Meetings scheduled for January 31, 2025. This merger is set to reshape the landscape for both companies in the nickel market.
For further insights into AU:HRZ stock, check out TipRanks’ Stock Analysis page.