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Poseidon Nickel Director’s Interest Changes Amid Merger

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Poseidon Nickel Director’s Interest Changes Amid Merger

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Poseidon Nickel Limited ( (AU:POS) ) has issued an update.

Poseidon Nickel Limited has announced a change in the director’s interest notice as part of its merger with Horizon Minerals Ltd, effective from February 19, 2025. This change involves the disposal of Peter John Harold’s indirect interests in the company’s securities, reflecting a strategic move following the merger, which may influence the company’s operational dynamics and market positioning.

More about Poseidon Nickel Limited

Poseidon Nickel Limited operates in the mining industry, focusing on the exploration and development of nickel projects. The company’s primary products include nickel, which is a crucial component in various industrial applications, including stainless steel production and battery manufacturing. Poseidon Nickel is positioned to cater to the growing demand for nickel, driven by the expanding electric vehicle market.

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $13.48M

Find detailed analytics on POS stock on TipRanks’ Stock Analysis page.

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