Horizon Petroleum Ltd.

Horizon Petroleum Ltd. is pleased to announce that it has received a notice from the Polish Ministry of Climate and Environment indicating that it plans to complete the Transformation Process by April 30th 2024 for two concession licence areas in Southwest Poland: Bielsko-Biala and Cieszyn. The notice is related to the Company's formal submissions of the application made to the Ministry in August, 2023 and subsequent [...]

Horizon Petroleum Ltd. is pleased to announce that the first tranche private placement of Units announced on January 2, 2024, has now closed. ?The Company also announces that it has received TSXV approval to extend the closing of its non-brokered private placement from March 1, 2024 to March 15, 2024. The Company issued 3,100,000 Units at a price of CAD$0.05, for gross ?proceeds of ??CAD$155,000. The Units comprised: one [...]

Horizon Petroleum Ltd. In follow-up to its press release of January 2, 2024, announces that it has received TSX Venture approval to extend the closing of its non-brokered private placement from February 16, 2024 to March 1, 2024. The offering is for up to 10,000,000 units in the capital of Horizon at a price of $0.05 per Unit for gross proceeds of up to $500,000, subject to approval from the TSX-V. Each Unit will consist [...]

Horizon Petroleum Ltd. intends to complete a non-brokered private placement of up to 10,000,000 ?units in the capital of Horizon at a price of $0.05 per Unit for gross proceeds of up to ??$500,000, subject to approval from the TSX-V. Each Unit will consist of one ?common share and one common share purchase warrant in the capital of the Company. Each Warrant will entitle the holder to purchase one Common Share at a price [...]

Horizon Petroleum Ltd. announces that the Directors have approved a consolidation of its common shares on the basis of one new common share for every existing five common shares, subject to regulatory approval, including approval of the TSXV. Management believes that the Consolidation is necessary to provide the Company with a share structure that will better ?attract capital financing and that will provide for future [...]

Horizon Petroleum Ltd. is pleased to announce that it has submitted its formal Transformation Process Documentation to the Polish Ministry of Climate and Environment for two concession licence areas: Bielsko Biala and Cieszyn . The submission has been made through the Company's two wholly owned subsidiary companies in Poland and both were submitted this week for the Ministry's review, feedback and eventual approval. The [...]

Horizon Petroleum Ltd. is pleased to report the appointment of Mr. Riccardo M. Monti to the Board of Directors of the Company, and Dr. Cezary Filipowicz as the Company's Representative and Manager in Poland. Mr Monti brings wide ranging international business and government relations experience and expertise to Horizon. Mr. Monti is Executive Chairman of Triboo S.p.A, a leading Italian digital services and e-commerce [...]

/Not for distribution to U.S. Newswire Services or for dissemination in the United States of America. Any ?failure to comply with this restriction may constitute a violation of U.S. Securities laws.?/ Horizon Petroleum Ltd. is pleased to announce that the second tranche private placement of Units announced on January 12, 2023, has now closed. ? The Company issued 1,143,500 Units at a price of CAD$0.08, for gross ?proceeds [...]

Horizon Petroleum Ltd. announces that the proposed transaction for a certain European oil and gas company first announced on Jan 12, 2023, has been terminated. The Company could not reach final agreeable terms with the vendor. Trading in the Horizon shares on the NEX Board has been halted at the request of the Company and is expected to resume ?on the NEX once the resumption review process has been completed by the NEX [...]

Horizon Petroleum is pleased to announce that the first tranche private placement of Units announced on January 12, 2023, has now closed. The Company issued 7,850,000 Units at a price of CAD$0.08, for gross proceeds of CAD$628,000. The Units comprised: (i) one common share in the capital of the Company, and (ii) one transferable share purchase warrant entitling the holder thereof to acquire one Common Share at a price of [...]