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Pin to quick picksHorizonte Minerals Regulatory News (HZM)

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Sch 1 update - Horizonte Minerals plc

13 Aug 2010 15:15

RNS Number : 0753R
AIM
13 August 2010
 

 

ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM RULES")

COMPANY NAME:

Horizonte Minerals plc

 

COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) :

1 Berkeley Street, London W1J 8DJ

 

COUNTRY OF INCORPORATION:

England and Wales

 

COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:

www.horizonteminerals.com

 

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING POLICY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:

 

Horizonte Minerals plc, the exploration and development company focused on Brazil and Peru, has entered into an agreement with Canadian mining company Teck Resources Limited for the purchase of its wholly owned subsidiary, Teck Cominco Brasil S.A., which owns the Araguaia nickel project located in the Carajás mineral district of northern Brazil. The purchase is conditional, amongst other things, on shareholder approval. The acquisition constitutes a reverse takeover under the AIM Rules for Companies.

 

DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER OF THE SECURITIES (i.e. where known, number and type of shares, nominal value and issue price to which it seeks admission and the number and type to be held as treasury shares):

246,560,480 ordinary shares of 1 pence each

 

CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:

£5,126,114 to be raised on Admission through a placing for cash.

 

Anticipated market capitalisation of £24,656,048.

 

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

77.65%

 

DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM COMPANY HAS APPLIED OR AGREED TO HAVE ANY OF ITS SECURITIES (INCLUDING ITS AIM SECURITIES) ADMITTED OR TRADED:

None

 

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known or including any other name by which each is known):

David John Hall Non-Executive Chairman

Jeremy John Martin Chief Executive Officer

Allan Michael Walker Non-Executive Director

Nicholas Robert Winer Chief Operations Officer

Alexander Nicholas Christopher Non-Executive Director (Proposed)

FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER ADMISSION (underlining the first name by which each is known or including any other name by which each is known):

Number of Ordinary Shares at the date of this document

% of Existing Issued Share Capital

Number of Ordinary Shares following Admission

% of Enlarged Issued Share Capital

Anglo Pacific Group

9,150,000

15.50%

31,650,000

12.84%

Mineração Vale Dos Reis

5,000,000

8.47%

5,000,000

2.03%

Gartmore Investment Management

2,820,717

4.78%

2,820,717

1.14%

Hawkwood Capital LLP

2,814,287

4.77%

2,814,287

1.14%

J M Finn and Company

2,342,856

3.97%

3,054,000

1.24%

Williams de Br Limited

1,845,000

3.13%

2,345,000

0.95%

Standard Bank

1,796,667

3.04%

1,796,667

0.73%

Quantom Holdings Limited

0

0%

30,000,000

12.17

Teck Resources Limited

0

0%

123,280,240

50.0%

 

 

NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:

None

 

(i) ANTICIPATED ACCOUNTING REFERENCE DATE

(ii) DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED (this may be represented by unaudited interim financial information)

(iii) DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19:

i. 31 December

ii. 31 December 2009

iii. 30 September 2010, 30 June 2011, 30 September 2011

 

EXPECTED ADMISSION DATE:

17 August 2010

 

NAME AND ADDRESS OF NOMINATED ADVISER:

Westhouse Securities Limited

One Angel Court

London EC2R 7HJ

 

NAME AND ADDRESS OF BROKER:

Westhouse Securities Limited

One Angel Court

London EC2R 7HJ

 

OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:

Westhouse Securities Limited

One Angel Court

London EC2R 7HJ

 

 

DATE OF NOTIFICATION:

13 August 2010

 

NEW/ UPDATE:

UPDATE

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
AIMPJMITMBBBBAM
Date   Source Headline
1st May 20247:00 amRNSCorporate Update
15th Apr 20247:00 amRNSCorporate Update
2nd Apr 20247:00 amRNSCorporate Update
28th Mar 20241:39 pmRNSCorporate Update
14th Mar 20244:40 pmRNSAraguaia Project Update
1st Mar 20247:00 amRNSCorporate Update
23rd Feb 202410:52 amRNSHolding(s) in Company
19th Feb 20244:53 pmRNSUpdated Capex and Schedule Estimate
18th Jan 20244:57 pmRNSAPPOINTMENT OF NICHOLAS MICHAEL TO THE BOARD
10th Jan 20245:35 pmRNSTR-1: Standard notification of major holdings
27th Dec 20237:00 amRNSINTERIM US$20M FUNDING PACKAGE SIGNED
19th Dec 20232:32 pmRNSARAGUAIA PROJECT UPDATE
18th Dec 20235:55 pmRNSAPPOINTMENT OF BOARD MEMBERS
27th Nov 20237:00 amRNSBOARD AND MANAGEMENT CHANGES
14th Nov 20238:02 amRNSARAGUAIA PROJECT UPDATE
23rd Oct 20237:00 amRNSQ3 2023 Construction Update
12th Oct 20237:00 amRNSHolding(s) in Company
5th Oct 20237:00 amRNSHolding(s) in Company
2nd Oct 20237:00 amRNSUpdate on Araguaia Nickel Project Construction
14th Sep 20231:00 pmRNSEXERCISE OF OPTIONS AND TOTAL VOTING RIGHTS
12th Sep 20237:00 amRNSPASSING OF FORMER CHAIR AND CO-FOUNDER
24th Aug 20237:00 amRNSOperations Director Appointed for Araguaia Project
17th Aug 20237:00 amRNSInterim Financial Results
3rd Aug 20237:00 amRNSQ2 2023 Araguaia Construction Update
2nd Aug 20237:00 amRNSNotice of Investor Presentation
27th Jul 20233:00 pmRNSExercise of Options and Total Voting Rights
25th Jul 20237:00 amRNSAPPOINTMENT OF JOINT CORPORATE BROKER
13th Jul 20237:00 amRNSAward of Options
11th Jul 20237:00 amRNSBoard Appointments
7th Jul 202311:03 amRNSHolding(s) in Company
6th Jul 20237:00 amRNSMINING APPROVAL RECEIVED FOR ARAGUAIA
29th Jun 20237:00 amRNSDELIVERY OF ROTARY KILN
15th Jun 20237:00 amRNSAraguaia Nickel Project Pictorial Update
24th May 20234:37 pmRNSResult of AGM
24th May 20237:00 amRNSHORIZONTE MINERALS PLC 2022 SUSTAINABILITY REPORT
23rd May 20234:05 pmRNSTR-1: Notification of Major Holdings
23rd May 20234:01 pmRNSTR-1: Notification of Major Holdings
28th Apr 20237:00 amRNSNotice of AGM
24th Apr 20237:00 amRNSAraguaia Construction Update
19th Apr 20237:00 amRNSNotice of Investor Presentation
31st Mar 20234:07 pmRNSExercise of Options and Total Voting Rights
29th Mar 20237:00 amRNSFINAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2022
6th Mar 20237:00 amRNSAraguaia Line2 Feasibility Study Contracts Awarded
27th Feb 20237:00 amRNSSecond drawdown complete
24th Feb 20239:04 amRNSTR-1: Notification of Major Holdings
16th Feb 20237:00 amRNSHORIZONTE MINERALS PICTORIAL UPDATE
9th Feb 20237:00 amRNSMining Services Contract Awarded for Araguaia
8th Feb 20234:31 pmRNSTR-1: Notification of Major Holdings
24th Jan 20237:00 amRNSVermelho Nickel Cobalt Project EIA Submitted
21st Dec 20227:00 amRNSDirector/PDMR Shareholding

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