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Horizon Minerals Ltd ( (AU:HRZ) ) just unveiled an update.
Horizon Minerals Ltd announced the effectiveness of its merger with Poseidon Nickel Limited through schemes of arrangement, acquiring 100% of Poseidon’s shares and options. This merger, approved by the Supreme Court of Western Australia, is expected to impact Horizon’s operations by expanding its portfolio and market reach, with trading of Poseidon’s securities being suspended on the ASX.
More about Horizon Minerals Ltd
Horizon Minerals Ltd is involved in the mining sector, focusing on acquiring and developing mineral resources. The company’s primary focus is on expanding its operations through strategic acquisitions, enhancing its market positioning in the mining industry.
Average Trading Volume: 20,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €46.23M
Find detailed analytics on HRZ stock on TipRanks’ Stock Analysis page.
