Brief: Horizonte Minerals Says Interim US$20M Funding Package Signed

Horizonte Minerals

27/12/2023 07:23

Dec 27 (Reuters) - Horizonte Minerals PLC  HZM.L :
    * INTERIM US$20M FUNDING PACKAGE SIGNED
    * FUNDING PACKAGE IS EXPECTED TO PROVIDE LIQUIDITY WHILE A
FULL
FUNDING SOLUTION IS PROGRESSED
    * AGREEMENT WITH EXISTING SENIOR LENDERS TO DEFER INTEREST
PAYMENTS DUE 31 DECEMBER 2023
    * CONTINUES TO REVIEW OUTSTANDING PROJECT CAPITAL
EXPENDITURE AND
SCHEDULE RE-ESTIMATE, NECESSARY TO IMPLEMENT A FULL FUNDING
SOLUTION

Source text for Eikon:  ID:nRSa8464Xa 
Further company coverage:  HZM.L 

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