Horizon Minerals Ltd ( (AU:HRZ) ) has issued an announcement.
Horizon Minerals Limited announced a change in the interests of its substantial holder, Golden Crane Holdings Limited, which has increased its voting power in the company. The number of votes attached to Golden Crane’s fully paid ordinary shares increased from 141 million to approximately 213.9 million, raising its voting power from 8.977% to 9.997%. This change reflects an allotment valued at A$3,280,000, suggesting a strategic move to strengthen Golden Crane’s influence within Horizon Minerals Limited, potentially impacting the company’s governance and future strategic decisions.
More about Horizon Minerals Ltd
YTD Price Performance: 100%
Average Trading Volume: 37,375
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €86.35M
Learn more about HRZ stock on TipRanks’ Stock Analysis page.