Poseidon Nickel Limited (AU:POS) has released an update.
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Poseidon Nickel Limited and Horizon Minerals Limited have announced the Supreme Court of Western Australia’s approval to convene meetings for their proposed merger. This merger, if successful, will see Horizon Minerals acquiring all shares and options of Poseidon Nickel. Shareholders and option holders will vote on the merger schemes on January 31, 2025.
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