Poseidon Nickel Limited (AU:POS) has released an update.
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Poseidon Nickel Limited and Horizon Minerals Limited are advancing their proposed merger, with the Australian Securities and Investments Commission registering the Scheme Booklet. The merger, which would see Horizon acquire all shares and options in Poseidon, has been recommended by the Independent POS Directors to securityholders. The Scheme Booklet will be dispatched to Poseidon securityholders on January 2, 2025, for review and voting.
For further insights into AU:POS stock, check out TipRanks’ Stock Analysis page.