Horizon begins week under new name
Mining.com.au
Horizon Minerals (ASX:HRZ) has secured shareholder approval regarding changing the company’s name to Maritana Minerals, under the ticker code MRT.
The name change will become effective today (13 April).
This news comes after Horizon conducted a share purchase plan in mid-March, raising $4.65 million.
Managing Director Grant Haywood says the funds raised will supplement the previously reported $175 million placement, as the company progresses development of the Black Swan Processing Hub in Western Australia.
Earlier this year, the company used stockpile material from the Boorara Project in Western Australia as an initial ore source for Black Swan. The company expects to commission the plant in mid-2027, using the 14,200 ounces of gold stockpile available.
Horizon Minerals is focused on becoming the next gold producer via its portfolio of assets located in Australia.
Read the full article on Mining.com.au
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