31st Mar 2022 13:11
Horizonte Minerals PLC - nickel company focused on Brazil - Completes iUSD65 million convertible notes issuance and the sale of royalty in its Vermelho project for USD25 million upfront. Confirms it has received all subscription amounts for the convertible notes, as well as the purchase price for the Vermelho royalty. Says that it has now received or completed the relevant funding for all aspects of funding package.
Horizonte Minerals announced its USD633 million funding package for the construction and production of its Araguaia project in November.
Current stock price: 6.84 pence, up 0.7% on Thursday
12-month change: down 25%
By Abby Amoakuh; [email protected]
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