Poseidon Nickel Merges with Horizon Minerals

Poseidon Nickel Limited (AU:POS) has released an update.

Poseidon Nickel Limited is set to merge with Horizon Minerals Limited, creating a new mid-cap gold producer in Western Australia’s Goldfields. The merger aims to consolidate resources and utilize Poseidon’s Black Swan processing infrastructure for a faster, lower-cost path to gold production. This strategic move is expected to enhance market relevance and unlock significant value for shareholders.

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