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Horizonte Minerals Plc: Final Results for the Year Ended 31 December 2020


/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 ....

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Investegate |Horizonte Minerals Announcements | Horizonte Minerals: Closing of US$9.2 Million Bought Deal Financing


 
Horizonte Minerals PLC is an AIM and TSX - listed nickel development company focused in Brazil. The Company is developing the Araguaia project, as the next major ferronickel mine in Brazil, and the Vermelho nickel-cobalt project, with the aim of being able to supply nickel and cobalt to the EV battery market. Both projects are 100% owned by the Company.
 
Cautionary Statements Regarding Forward-Looking Statements
Forward-Looking Statements Certain information set forth in this news release may contain forward-looking statements. Such statements include but are not limited to, statements as to the intended use of proceeds of the Offering, receipt of regulatory approvals, including the approval of the TSX, and the Company s intentions with respect to filing the Qualification Prospectus and the receipt of a Final Receipt therefor. Generally, forward-looking statements can be identified by the use of words such as plans , expects ....

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