Horizon Minerals Ltd Completes Share Issuance Under Tranche 2 Placement

The latest announcement is out from Horizon Minerals Ltd ( (AU:HRZ) ).

Horizon Minerals Ltd has announced the issuance of 72,888,888 fully paid ordinary shares at $0.045 each under the second tranche of a two-part placement. This move aligns with ASX Listing Rule 7.1 and was carried out without investor disclosure under Part 6D.2 of the Corporations Act, indicating compliance with relevant regulatory provisions. The announcement signifies a strategic step to bolster the company’s capital structure, potentially impacting its market positioning and stakeholder value.

More about Horizon Minerals Ltd

Horizon Minerals Ltd is a company involved in the mining industry, primarily focusing on the exploration and production of mineral resources. They are listed on the Australian Securities Exchange (ASX) under the ticker HRZ.

Average Trading Volume: 37,375

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €67.96M

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