LONDON, Nov. 21, 2018 (GLOBE NEWSWIRE) -- Horizonte Minerals Plc, (AIM: HZM, TSX: HZM)
(‘Horizonte’ or ‘the Company’), announces that on 16 November 2018, William Fisher, Non-Executive Director of the Company,
purchased 200,000 ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") at an average price of CAD$0.04 per
Ordinary Share. Following the Purchases, Mr. Fisher is now interested in 1,555,000 Ordinary Shares representing 0.11% of the total
voting rights of the Company.
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1 |
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Details of the person discharging managerial responsibilities /
person closely associated
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a) |
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Name |
William Fisher |
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Reason for the notification |
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a) |
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Position/status |
Non-Executive Director |
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b) |
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Initial notification/Amendment |
Initial Notification
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
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a) |
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Name |
Horizonte Minerals plc
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b) |
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LEI |
213800OEYYR39UNYQY91
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Details of the transaction(s): section to be repeated for (i) each
type of instrument;
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(ii) each type of transaction; (iii) each date; and (iv) each place where
transactions
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a) |
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Description of the financial instrument, type of instrument |
Ordinary Shares of 1p each in Horizonte Minerals plc
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Identification code |
ISIN: GB00B11DNM70 |
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GB00B11DNM70
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GB00B11DNM70
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b) |
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Nature of the transaction |
Share Purchase
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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CAD$0.04 |
100,000 |
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CAD$0.045 |
100,000 |
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Aggregated information |
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Aggregate volume |
200,000 Ordinary Shares purchased at
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Price |
CAD$0.0425 per Ordinary Share
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e) |
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Date of the transactions |
16 November 2018
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f) |
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Place of the transactions |
Toronto Stock Exchange
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For further information visit www.horizonteminerals.com or contact:
Horizonte Minerals plc |
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Jeremy Martin (CEO) |
+44 (0) 20 7763 7157 |
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Numis Securities Ltd (NOMAD & Joint Broker) |
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John Prior
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+44 (0) 207 260 1000 |
Paul Gillam |
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Shard Capital (Joint Broker) |
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Damon Heath
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+44 (0) 20 7186 9952 |
Erik Woolgar |
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Tavistock (Financial PR) |
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Gareth Tredway
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+44 (0) 20 7920 3150 |
Emily Fenton |
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About Horizonte Minerals:
Horizonte Minerals plc is an AIM and TSX-listed nickel development company focused in Brazil. The Company is
developing the Araguaia project, as the next major ferronickel mine in Brazil, and the Vermelho nickel-cobalt project, with the aim
of being able to supply nickel and cobalt to the EV battery market. Both projects are 100% owned.
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, the ability of the Company to complete the Acquisition as described herein, 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; the ability of the Company to complete the Placing as
described herein, 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: the inability of the Company to complete the
Acquisition as described herein, 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,
the inability of the Company to complete the Placing on the terms as described herein, 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.