Cleansing Notice
Released
Released
Announcement PDF
ASX: HRZ
ASX ANNOUNCEMENT
5 SEPTEMBER 2025
CLEANSING NOTICE UNDER SECTION 708A(5)(e) OF THE
CORPORATIONS ACT 2001 (CTH)
Horizon Minerals Limited (ASX: HRZ) (the Company) advises that it has issued 75,000,000 fully
paid ordinary shares (Shares) at a deemed issue price of $0.04 per share, to Nebari Gold Fund 1,
LP (Nebari). The Shares were issued as partial repayment of the Convertible Loan Facility, as
approved by shareholders at the AGM of the Company held on 25 November 2022.
The material terms of the Convertible Loan Facility are outlined in the Notice of Annual General
Meeting released to the ASX on 24 October 2022.
The issue of Shares was undertaken pursuant to ASX Listing Rules 7.1.
For the purposes of sections 708A(5)(e)(i) and 708A(6) of the Corporations Act 2001 (Cth)
(Corporations Act), the Company advises that:
(a)
the Shares were issued without disclosure to investors under Part 6D.2 of the Corporations
Act;
(b)
this notice is being given under section 708A(5)(e) of the Corporations Act;
(c)
as at the date of this notice, the Company has complied with:
(d)
(i)
the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and
(ii)
sections 674 and 674A of the Corporations Act; and
as at the date of this notice, there is no information that is ‘excluded information’ (within the
meaning of sections 708A(7) and 708A(8) of the Corporations Act) that is required to be
disclosed.
An Appendix 2A for quotation of the Shares has been released to the market today.
A further note, that the Company understands Nebari has already organised an off-market trade for
the entire block of shares.
Approved for release by the Board of Directors
Grant Haywood
Managing Director and CEO
Level 2, 16 Ord Street
West Perth WA 6005
PO Box 1064
West Perth WA 6872
T: +61 8 9386 9534
E: info@horizonminerals.com.au
www.horizonminerals.com.au
ACN 007 761 186
ABN 88 007 761 186
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