REG - Horizonte Minerals - Notice of AGM

Horizonte MineralsAnnouncement

28/04/2023 07:15

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RNS Number : 7595X  Horizonte Minerals PLC  28 April 2023

NEWS
RELEASE

28 April 2023

 

NOTICE OF AGM AND DESIGNATED FOREIGN ISSUER STATUS

 

Horizonte Minerals Plc (AIM/TSX: HZM) ("Horizonte" or the "Company") announces
that its annual report and accounts for the year ended 31 December 2022,
together with Management's Discussion and Analysis as at 31 December 2022, and
Notice of Meeting and Management Information Circular have been posted to
shareholders and are available to download on the Company's website at
www.horizonteminerals.com and on the System for Electronic Document Analysis
and Retrieval (SEDAR) at www.sedar.com.

 

The Company's Annual General Meeting ("AGM") will be held at 12:30pm on 24 May
2023 at Horizonte's offices located at Rex House, 4-12 Regent Street, London,
SW1Y 4RG.

 

 

Designated Foreign Issuer status in Canada

The Company has determined that, as at and from the beginning of the current
financial year on 1 January 2023, it is a "designated foreign issuer" as
defined in National Instrument 71-102 - Continuous Disclosure and Other
Exemptions Relating to Foreign Issuers ("NI 71-102") and subject to the
regulatory requirements of AIM, a market operated by the London Stock
Exchange. Accordingly, the Company is able to rely on certain exemptions from
the continuous disclosure obligations imposed under Canadian securities
legislation as permitted under NI 71-102.

 

A key implication is that the Company will no longer be required to report
quarterly financial information, and will instead now report financial results
on a semi-annual basis, in line with market practice in the UK, and as
required by the AIM Rules for Companies with quarterly operation updates.

 

The next financial information to be reported will be the Company's half
yearly report, in respect of the six months to 30 June 2023, which will be
published no later than 30 September 2023. This will be followed by the
Company's audited financial statements for the year ending 31 December 2023,
published no later than 30 June 2024; in each case, in accordance with the AIM
Rules for Companies.

 

 

 

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) 203 356 2901

 Simon Retter (CFO)

 Patrick Chambers (Head of IR)

 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

 Emily Moss

 Cath Drummond

 

 

ABOUT HORIZONTE MINERALS

Horizonte Minerals plc (AIM & TSX: HZM) is developing two 100%-owned, Tier
1 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 under construction with first
metal scheduled for early 2024, when fully ramped up with Line 1 and Line 2,
is forecast to produce 29,000 tonnes of nickel per year. Vermelho is at
feasibility study stage and is expected to produce 24,000 tonnes of nickel and
1,250 tonnes of cobalt to supply the EV battery market. Horizonte's combined
production profile of over 60,000 tonnes of nickel per year positions the
Company as a globally significant nickel producer. Horizonte's top three
shareholders are La Mancha Investments S.à r.l., Glencore plc and Orion
Resource Partners LLP.

 

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, information relating to: the
holding of the Company's AGM; the applicable reporting requirements in respect
of the Company's financial information and results; and the anticipated timing
for reporting and publishing the Company's financial information and results.
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 December 31, 2022. 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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