Brief: Poseidon And Horizon Announce Merger Transaction
25/10/2024 01:55
Oct 25 (Reuters) - Horizon Minerals Ltd HRZ.AX :
* POSEIDON AND HORIZON ANNOUNCE MERGER TRANSACTION
* HORIZON RECEIVED FIRM COMMITMENTS FOR A PLACEMENT TO RAISE
A$14
MILLION TO SUPPORT EXPANDED BUSINESS
* UNDER DEAL, EACH POSEIDON SHAREHOLDER WILL RECEIVE 0.1156
HORIZON SHARES FOR EVERY 1 POSEIDON SHARE HELD
Further company coverage: HRZ.AX
((Reuters.Briefs@thomsonreuters.com;))
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Brief: Poseidon And Horizon Announce Merger Transaction