LONDON, Dec. 19, 2018 (GLOBE NEWSWIRE) -- Horizonte Minerals Plc, (AIM: HZM, TSX: HZM)
(‘Horizonte’ or ‘the Company’), announces that on 14 December 2018, William Fisher, Non-Executive Director of the Company,
purchased 95,000 ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") at an average price of CAD$0.03 per
Ordinary Share (the "Purchase"). Following the Purchases, Mr. Fisher is now interested in 1,975,000 Ordinary Shares representing
0.14% of the total voting rights of the Company.
These shares, along with Mr Fisher’s other purchases, have been bought into his Registered Retirement Savings
Plan (RRSP).
1 |
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Details of the person discharging managerial
responsibilities / person closely associated |
a) |
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Name |
William Fisher
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Reason for the notification |
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 |
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 |
a) |
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Description of the financial instrument, type of instrument |
Ordinary Shares of CAD$0.03 each in Horizonte Minerals
plc
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Identification code |
ISIN: 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$0.03 |
95,000 |
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d) |
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Aggregated information |
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Aggregate volume |
95,000 Ordinary Shares purchased at
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Price |
CAD$0.03 per Ordinary Share
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e) |
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Dates of the transactions |
14 December 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
Paul Gillam |
+44 (0) 207 260 1000 |
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Shard Capital (Joint Broker) |
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Damon Heath
Erik Woolgar |
+44 (0) 20 7186 9952 |
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Tavistock (Financial PR) |
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Gareth Tredway
Emily Fenton |
+44 (0) 20 7920 3150 |
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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.