LONDON, Sept. 16, 2016 /CNW/ - Horizonte Minerals Plc, (AIM: HZM, TSX: HZM)
('Horizonte' or 'the Company') the nickel development company focused in Brazil, announces the
appointment of Mr. Simon Retter as Company Secretary and Chief Financial Officer (non-Board) with
immediate effect. Mr. Retter replaces the current Company Secretary and Chief Financial Officer Jeffrey Karoly, who is stepping down from the role to pursue new opportunities.
Mr. Retter has extensive experience in the public markets and mining sector, specifically, reverse takeovers, IPOs and secondary
fundraising. Starting his career at Deloitte and Touche LLP where he qualified as a chartered accountant, moving on to work
for a number of London listed exploration and mining companies with overseas operations. The
Company would like to extend its thanks to Mr. Karoly for his valued guidance and support during his time at Horizonte and wishes
him the best in his future endeavours
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
About Horizonte Minerals:
Horizonte Minerals plc is an AIM and TSX-listed nickel development company focused in Brazil, which wholly owns the advanced Araguaia nickel laterite project located to the south of the Carajas
mineral district of northern Brazil. The Company is developing Araguaia as the next major nickel mine in Brazil, with targeted production by 2019.
The Project, which has good infrastructure in place including rail, road, water and power.
Horizonte has a strong shareholder structure including Teck Resources Limited 26.1%, Henderson Global Investors 15.7% and
Glencore 10.3%.
CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION
Except for statements of historical fact relating to the Company, certain information contained in this press release
constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not
limited to, statements with respect to the potential of the Company's current or future property mineral projects; the success of
exploration and mining activities; cost and timing of future exploration, production and development; the estimation of mineral
resources and reserves and the ability of the Company to achieve its goals in respect of growing its mineral resources; and the
realization of mineral resource and reserve estimates. Generally, forward-looking information can be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or
statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of
its experience and its perception of trends, current conditions and expected developments, as well as other factors that management
believes to be relevant and reasonable in the circumstances at the date that such statements are made, and are inherently subject
to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or
achievements of the Company to be materially different from those expressed or implied by such forward-looking information,
including but not limited to risks related to: exploration and mining risks, competition from competitors with greater capital; the
Company's lack of experience with respect to development-stage mining operations; fluctuations in metal prices; uninsured risks;
environmental and other regulatory requirements; exploration, mining and other licences; the Company's future payment obligations;
potential disputes with respect to the Company's title to, and the area of, its mining concessions; the Company's dependence on its
ability to obtain sufficient financing in the future; the Company's dependence on its relationships with third parties; the
Company's joint ventures; the potential of currency fluctuations and political or economic instability in countries in which
the Company operates; currency exchange fluctuations; the Company's ability to manage its growth effectively; the trading market
for the ordinary shares of the Company; uncertainty with respect to the Company's plans to continue to develop its operations and
new projects; the Company's dependence on key personnel; possible conflicts of interest of directors and officers of the Company,
and various risks associated with the legal and regulatory framework within which the Company operates.
Although management of the Company has attempted to identify important factors that could cause actual results to differ
materially from those contained in forward-looking information, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements.
SOURCE Horizonte Minerals plc
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