Good News - Moving Forward Update 2021Great News!
Horizone Minerals PLC announces it has today published its unaudited financial results for the six month period to 30 June 2021. Highlights for the Period
- Project financing of Araguaia nearing completion with credit approval process underway following completion of due diligence by the International Lenders.
- Senior Debt Facility expected to benefit from significant Export Credit Agency Support.
- Cornerstone strategic investor and final offtake agreements well advanced and expected to be finalised shortly after credit approvals.
- Horizonte maintained a strong cash position of £22.2 million following completion of an £18 million equity fundraise in February 2021.
- Financing discussions remain on track. Credit committee approval for the senior debt facility expected in Q3 2021 as previously announced
- Vermelho progressing with Ramboll awarded Environmental and Social Impact Assessment contract.
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