Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Poseidon Nickel Limited ( (AU:POS) ) has provided an announcement.
Poseidon Nickel Limited has successfully completed its merger with Horizon Minerals Limited through schemes of arrangement, resulting in Horizon acquiring full ownership of Poseidon’s shares and options. The merger will lead to Poseidon’s delisting from the Australian Securities Exchange and a reorganization of its leadership, with Horizon’s executives taking key positions in the combined group. This strategic move enhances Horizon’s market position by integrating Poseidon’s assets and expertise.
More about Poseidon Nickel Limited
Poseidon Nickel Limited operates in the mining industry, focusing on nickel exploration and production. It has been engaged in the development of nickel projects in Western Australia.
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $13.48M
For a thorough assessment of POS stock, go to TipRanks’ Stock Analysis page.
