Horizon Minerals Ltd. is pleased to advise further to the announcement of 19 October 2022 that the Company has executed a detailed Loan Agreement and General Security Deed with Nebari Partners LLC for a US$5 million secured credit facility. The credit facility is comprised of a two tranche Convertible Loan Facility with US$2 million in Tranche 1 and US$3 million in Tranche 2. The Facility is subject to conditions [...]
Horizon Minerals Ltd. has been informed by Richmond Vanadium Technology Limited that, following the close of the priority offer on 7 November 2022, the offer period for the remaining components of the Initial Public Offering of new shares in RVT has been extended. Further details are contained in the attached update prepared by RVT. Set out in the link below* is an updated indicative timetable relating to the proposed [...]
Horizon Minerals Ltd. is pleased to provide the September 2022 Quarterly Activities Report. Horizon is an exploration and production company within the Kalgoorlie and Coolgardie regions of Western Australia. HIGHLIGHTS - Exploration program continues with 2,695m drilled and field work conducted at the Greater Boorara - Cannon, Yarmany and Lakewood project areas testing high priority gold and nickel sulphide targets [...]
Horizon Minerals Ltd. advises that the Initial Public Offering of new shares in Richmond Vanadium Technology Limited is now open. Further details are set out in the attached media announcement prepared by RVT. The offers of securities in connection with the IPO are made in a prospectus dated 14 October 2022, as supplemented by a supplementary prospectus dated 21 October 2022, each prepared by RVT . The Prospectus is [...]
Horizon Minerals Ltd. is pleased to advise that it has executed a binding term sheet with Nebari Partners LLC for a US$5 million senior secured credit facility. The credit facility is comprised of a two tranche Convertible Loan Facility with US$2 million in Tranche 1 and US$3 million in Tranche 2. The Facility is subject to conditions precedent typical for a transaction of this nature including, but not limited to, final [...]
Horizon Minerals Ltd. is pleased to advise that the divestment of the Kangaroo Hill and Phoenix gold projects near Coolgardie has been completed. As announced to the ASX on 11 August 2022, the Company agreed to divest 100% interest in the projects to Greenstone Resources Ltd on the following terms: - $150,000 in cash on completion - $150,000 in GSR shares at an issue price equivalent to the VWAP calculated over the 15 [...]
Horizon Minerals Ltd. is pleased to announce new nickel drilling results and exploration update from the 100% owned Cannon, Golden Ridge and Yarmany project areas located near Kalgoorlie-Boulder in the heart of the Western Australian goldfields . - Final single metre assays received from two nickel prospects within the Greater Boorara - Cannon project area, 30km southeast of Kalgoorlie in Western Australia - At the Euston [...]
Horizon Minerals Ltd. is pleased to announce maiden Mineral Resource Estimates for the Coote and Capricorn Projects, and a new MRE for the remaining material at the previously mined Baden Powell Gold Prospect. HIGHLIGHTS - Total gold Mineral Resources increased by 91,000oz Au to 1.24Moz - A total of 69,000oz Au of new resources have been calculated for the Coote, Baden Powell and Windanya prospects near Kalgoorlie - The [...]
Horizon Minerals Ltd. is pleased to announce new gold drilling results from the 100% owned Greater Boorara - Cannon project area located 30km southeast of Kalgoorlie-Boulder in the heart of the Western Australian goldfields. HIGHLIGHTS - First phase of exploration drilling completed at the new Pinner gold prospect, within the Greater Boorara - Cannon gold project area 30km southeast of Kalgoorlie-Boulder in the Western [...]
Horizon Minerals Ltd. is pleased to advise that the acquisition of the remaining 50% interest in the Penny's Find gold project which was announced on 20 December 2021 has now been completed. Horizon now owns 100% of the Penny's Find gold project and associated tenements. The Completion had been delayed due to some legacy access and compensation agreements which needed to be brought up to date. All conditions precedent [...]
Horizon Minerals Ltd. is pleased to announce new gold drilling results from the 100% owned Binduli and Black Flag project areas located 5km west and 30km northwest respectively of Kalgoorlie-Boulder in the heart of the Western Australian goldfields . The Q2 drilling forms part of the current FY23 exploration program focussing on new discoveries within the Greater Boorara - Cannon, Lakewood, Binduli and Yarmany project [...]
Horizon Minerals Ltd. is pleased to announce new gold drilling results from the 100% owned Greater Boorara - Cannon project area located 30km southeast of Kalgoorlie - Boulder in the heart of the Western Australian goldfields . HIGHLIGHTS - First phase of exploration drilling completed at the new Monument gold prospect, within the Greater Boorara - Cannon gold project area 30km southeast of Kalgoorlie - Boulder in the [...]