Horizon Minerals Ltd (AU:HRZ) has released an update.
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Horizon Minerals Limited and Poseidon Nickel Limited are progressing with their proposed merger, as the Supreme Court of Western Australia has approved meetings for shareholders and option holders to vote on the scheme. The meetings are scheduled for January 31, 2025, and the merger could become legally effective by February 7, 2025, pending approvals. This merger could present new opportunities for investors in the mining sector.
For further insights into AU:HRZ stock, check out TipRanks’ Stock Analysis page.