BRIEF-Poseidon And Horizon Announce Merger Transaction

Reuters

2024-10-25

Oct 25 (Reuters) - Horizon Minerals Ltd :

* 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:

((Reuters.Briefs@thomsonreuters.com;))

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