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An announcement from Poseidon Nickel Limited ( (AU:POS) ) is now available.
Poseidon Nickel Limited held an Option Scheme Meeting chaired by Toby Hicks, where they discussed a proposed scheme of arrangement. This scheme involves transferring or canceling POSAAB options in exchange for Horizon options, contingent on approval by a majority of option holders. The outcome of this resolution could significantly impact the company’s financial arrangements and its stakeholders.
More about Poseidon Nickel Limited
Poseidon Nickel Limited is a company operating in the nickel industry, primarily focusing on nickel exploration and development. The company’s market focus includes acquiring and developing nickel resources to meet the demands of various industrial applications.
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $10.49M
Learn more about POS stock on TipRanks’ Stock Analysis page.
