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Share Price: 0.325

Bid: 0.30

Ask: 0.35

Change: 0.00 (0.00%)

Spread: 0.05 (16.667%)

Open: 0.325

High: 0.34

Low: 0.325

Prev. Close: 0.325

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IN BRIEF: Horizonte Minerals raises GBP6.6 million via warrant issue

Tue, 09th Mar 2021 21:19

Horizonte Minerals PLC - Brazil-focused nickel development firm - Raises USD9.2 million, or GBP6.6 million through the issue of 88.1 million warrants at a price of 7.5 pence per share.

Each special warrant can be exercised for one ordinary share in Horizonte. The private placing was led by Paradigm Capital Inc as lead underwriter and sole bookrunner.

Proceeds from the offering will go towards initiating specific early works and advance long lead items linked to the start of construction of the Araguaia project.

Current stock price: 7.35p

Year-to-date change: 1.6% lower

By Dayo Laniyan; dayolaniyan@alliancenews.com

More News

14 Mar 2019 11:14

Horizonte pleased with test work from Vermelho project

(Sharecast News) - Brazil-focussed nickel development company Horizonte Minerals announced positive results from metallurgical and smelting test work on the Vermelho nickel cobalt project, located in the southern part of the Carajás mining district in Pará state, northern Brazil on Thursday.

5 Mar 2019 16:45

City Financial Investment Cuts Horizonte Minerals Stake To 0.3% (ALLISS)

LONDON (Alliance News) - Horizonte Minerals PLC said Tuesday that City Financial Investment Company Ltd lowered its stake in the company to 0.29% from a previously held 8.19% in a deal concluded

1 Mar 2019 18:20

Horizonte Minerals Not Aware Of Reason Behind 11% Drop In Share Price (ALLISS)

LONDON (Alliance News) - Nickel development firm Horizonte Minerals PLC on Friday said it is unaware of the reason behind a recent decline in its share price.Shares in Horizonte closed down

21 Feb 2019 11:35

Horizonte Says Araguaia Project Expansion Would Double Production

LONDON (Alliance News) - Horizonte Minerals PLC on Thursday said a stage two expansion at the Araguaia ferronickel project in Brazil would double annual nickel production.Nickel developer a

23 Jan 2019 09:50

Horizonte Minerals Issues Equity To Glencore After Study Filing (ALLISS)

LONDON (Alliance News) - Horizonte Minerals PLC has issued further shares to miner Glencore PLC after filing a feasibility study, the company said on Wednesday.Horizonte bought the Vale do

14 Jan 2019 12:30

Horizonte Minerals awarded construction licence for Araguaia project

(Sharecast News) - Brazil-focussed nickel development company Horizonte Minerals has been awarded the construction licence for the development of its 100%-owned Araguaia Ferronickel Project, it announced on Monday.

14 Jan 2019 10:23

WINNERS & LOSERS SUMMARY: JD Sports Rises After Strong Christmas

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - LOSERS----------Paddy Power

31 Oct 2018 11:12

Horizonte Minerals Appoints Financial Adviser For Araguaia Project

LONDON (Alliance News) - Horizonte Minerals PLC on Wednesday said it has contracted Endeavour Financial to advise on the financing for the Araguaia ferronickel project.On Monday, the miner

29 Oct 2018 14:04

Horizonte Minerals Confident In Araguaia Following Feasibility Study

LONDON (Alliance News) - Nickel development company Horizonte Minerals PLC said on Monday it is on track on acquire a construction licence for the Araguaia ferronickel project in Brazil, following

10 Oct 2018 11:02

Horizonte Minerals Pleased With Test Results From Vermelho Samples

LONDON (Alliance News) - Nickel developer Horizonte Minerals PLC said on Wednesday initial test results on samples from its Vermelho project have been positive.The limonite samples from in

16 Aug 2018 14:25

Horizonte Minerals Progresses Araguaia Nickel Project Development

LONDON (Alliance News) - Horizonte Minerals PLC said on Thursday the final results of its feasibility study for Araguaia are being prepared as it progresses the development of the nickel am to an

31 Jul 2018 13:30

Horizonte Minerals Interim Loss Widens As Develops Brazilian Portfolio

LONDON (Alliance News) - Horizonte Minerals PLC on Tuesday said its loss widened in the first half of 2018 as it progresses on project development in Brazil.The nickel development company a

21 Jun 2018 11:45

Horizonte Minerals Completes Aero Survey For Brazilian Nickel Project

LONDON (Alliance News) - Horizonte Minerals PLC said Thursday it has completed an aero survey covering the route of a power line into its Araguaia nickel project in Brazil.The aero survey a

27 Mar 2018 14:27

Horizonte Minerals Loss Widens As It Develops Brazilian Portfolio

LONDON (Alliance News) - Nickel miner Horizonte Minerals PLC reported on Tuesday a flat loss in 2017, a year in which it bought a second major project in flagship project in a

25 Jan 2017 16:25

Horizonte appoints Wagner Lucio Oliveira as feasibility study manager

(ShareCast News) - Brazil-focused nickel development company Horizonte Minerals announced on Wednesday that it has appointed Wagner Lucio Oliveira to a non-board position as its feasibility study manager for its 100% owned Araguaia nickel project, which is being developed as the next major nickel pr

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IN BRIEF: Horizonte Minerals raises GBP6.6 million via warrant issue

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