Horizonte Minerals - Successful Placing
HZM Fri, 19 Feb 2021, 10:20am GMT
Horizonte Minerals plc is an AIM and TSX-listed nickel development company focused on Brazil which wholly owns the advanced Araguaia ferronickel operation located to the south of the Carajás mineral district of northern Brazil. The Company is developing Araguaia into the next major ferronickel mine in Brazil, with targeted production by 2021
Industry: Basic Resources
Contact: 020 7236 1177
4 - 12 Regent Street, London
Jeremy Martin, CEO of Horizonte Minerals, provides an update following the successful completion of the Placing as part of the Fundraise announced yesterday. This provides Horizonte with a strong balance sheet as they enter this next phase of the Company's evolution and advance the Araguaia Project through to start of construction.