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Poseidon Nickel to Suspend Trading Amid Acquisition by Horizon Minerals

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Poseidon Nickel to Suspend Trading Amid Acquisition by Horizon Minerals

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Poseidon Nickel Limited ( (AU:POS) ) has provided an announcement.

Poseidon Nickel Limited’s securities will be suspended from trading as Horizon Minerals Limited is set to acquire all of its issued shares following approval from the Supreme Court of Western Australia. This development signifies a pivotal shift for Poseidon Nickel, potentially impacting its market presence and stakeholder interests as it transitions under Horizon Minerals’ ownership.

More about Poseidon Nickel Limited

Poseidon Nickel Limited operates within the mining industry, primarily focusing on the exploration and development of nickel resources.

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $13.29M

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

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