REG - Horizonte Minerals - Exercise of Options and Total Voting Rights

Horizonte MineralsAnnouncement

05/07/2022 07:00

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RNS Number : 3338R  Horizonte Minerals PLC  05 July 2022

5 July 2022

 

Horizonte Minerals Plc

("Horizonte" or the "Company")

 

Exercise of Options and Total Voting Rights

 

Horizonte Minerals Plc (AIM: HZM, TSX: HZM), the nickel development company
focused in Brazil, announces that application has been made to the London
Stock Exchange for 50,000 ordinary shares to be admitted to trading on AIM and
to be listed for trading on the TSX (together referred to as "Admission")
following the exercise of options by an option holder. It is expected that
Admission will become effective on or around 6 July 2022.

 

Following the issue of the new ordinary shares, the Company's issued share
capital will comprise 190,468,279 ordinary shares. The total number of voting
rights in the Company will be 190,468,279. This figure may be used by
shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or change to their
interest in, the share capital of the Company under the Disclosure Guidance
and Transparency Rules of Financial Conduct Authority.

 

For further information, visit www.horizonteminerals.com
(http://www.horizonteminerals.com) or contact:

 

 Horizonte Minerals plc                                info@horizonteminerals.com (mailto:info@horizonteminerals.com)

 Jeremy Martin (CEO)                                   +44 (0) 20 3356 2901

 Simon Retter (CFO)

 Peel Hunt LLP (Nominated Adviser & Joint Broker)      +44 (0)20 7418 8900

 Ross Allister

 David McKeown

 BMO (Joint Broker)                                    +44 (0) 20 7236 1010

 Thomas Rider

 Pascal Lussier Duquette

 Andrew Cameron

 Tavistock (Financial PR)                              +44 (0) 20 7920 3150

 Jos Simson

 Cath Drummond

 

 

About Horizonte Minerals:

Horizonte Minerals Plc (AIM & TSX: HZM) is developing two 100%-owned,
tier-one projects in Pará state, Brazil; the Araguaia Nickel Project and the
Vermelho Nickel-Cobalt Project. Both projects are large-scale, high-grade,
low-cost, low-carbon and scalable. Araguaia is fully funded and in
construction. The project will produce 29,000 tonnes of nickel per year to
supply the stainless steel market. Vermelho is at feasibility study stage and
will produce 25,000 tonnes of nickel and 1,250 tonnes of cobalt to supply the
EV battery market.  Horizonte's combined near-term production profile of over
50,000 tonnes of nickel per year positions the Company as a globally
significant nickel producer. Horizonte is developing a new nickel district in
Brazil that will benefit from established infrastructure, including
hydroelectric power available in the Carajás Mining District.

 

 

CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION

Except for statements of historical fact relating to the Company, certain
information contained in this press release constitutes "forward-looking
information" under Canadian securities legislation. Forward-looking
information includes, but is not limited to, the admission of the new ordinary
shares to trading on AIM and to be listed for trading on the TSX. Generally,
forward-looking information can be identified by the use of forward-looking
terminology such as "plans", "expects" or "does not expect", "is expected",
"budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or
"does not anticipate", or "believes", or variations of such words and phrases
or statements that certain actions, events or results "may", "could", "would",
"might" or "will be taken", "occur" or "be achieved". Forward-looking
information is based on the reasonable assumptions, estimates, analysis and
opinions of management made in light of its experience and its perception of
trends, current conditions and expected developments, as well as other factors
that management believes to be relevant and reasonable in the circumstances at
the date that such statements are made, and are inherently subject to known
and unknown risks, uncertainties and other factors that may cause the actual
results, level of activity, performance or achievements of the Company to be
materially different from those expressed or implied by such forward-looking
information, including but not limited to various risks associated with the
legal and regulatory framework within which the Company operates, together
with the risks identified and disclosed in the Company's disclosure record
available on the Company's profile on SEDAR at www.sedar.com
(http://www.sedar.com) , including without limitation, the annual information
form of the Company for the year ended 31 December 2021, the Araguaia Report
and the Vermelho Report. Although management of the Company has attempted to
identify important factors that could cause actual results to differ
materially from those contained in forward-looking information, there may be
other factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ materially from
those anticipated in such statements.

 

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