/EIN News/ LONDON, April 01, 2021 (GLOBE NEWSWIRE)
Horizonte Minerals Plc, (AIM: HZM, TSX: HZM) (‘Horizonte’ or ‘the Company’) the nickel company focused on Brazil, announces its final results for the year ended 31 December 2020.
Highlights:
Strong cash position of £10.9 million as at 31 December 2020 maintained and supplemented post year end through a £18 million placing in February 2021.
Significant progress made on the overall Project Finance package for the development of Araguaia.
A syndicate of five international financial institutions mandated for a US$325 million senior debt facility to part fund the development of Araguaia.
BNP Paribas, ING Capital LLC, Mizuho Bank, Ltd., Natixis (New York Branch), and Société Générale will act as the Mandated Lead Arrangers