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Poseidon Nickel Updates Director’s Interest Amid Merger Plans

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Poseidon Nickel Updates Director’s Interest Amid Merger Plans

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The latest update is out from Poseidon Nickel Limited ( (AU:POS) ).

Poseidon Nickel Limited has announced changes in the interests of its director, Peter John Harold, following the approval of the Schemes of Arrangement for a merger with Horizon Minerals Ltd. This change involved the conversion of performance rights into fully paid ordinary shares and the cancellation of certain incentive options, indicating strategic consolidation in preparation for the merger.

More about Poseidon Nickel Limited

Poseidon Nickel Limited operates in the mining industry, focusing on the exploration and development of nickel assets.

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $13.39M

See more insights into POS stock on TipRanks’ Stock Analysis page.

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