Horizonte Minerals PLC ISSUE OF SHARES

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Horizonte Minerals Plc	LSE:HZM	London	Ordinary Share	GB00B11DNM70	ORD 1P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.0%	7.70	7.50	7.80				0.00	07:40:27

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Mining	0.0	-3.2	-0.2	-	124

Horizonte Minerals (LSE:HZM)
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Horizonte Minerals PLC

02 September 2020

NEWS RELEASE

2 September 2020

ISSUE OF SHARES

Horizonte Minerals Plc, (AIM: HZM; TSX: HZM) (the "Company" or "Horizonte"), the nickel development company focused in Brazil is pleased to announce , that following the exercise of options by an employee, an application has been made for 3,000,000 shares to be admitted to trading on the AIM market of the London Stock Exchange ("AIM"). Admission to trading on AIM is expected to become effective on or around 3 September 2020 and the shares will rank pari passu with the Company's existing ordinary shares of GBP0.01 each.

Following admission of the shares, Horizonte will have 1,449,377,287 shares in issue. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information contact:

 
 
   Horizonte Minerals plc 
 Jeremy Martin (CEO)                       +44 (0)203 356 2901 
  Anna Legge (Corporate Communications)     a.legge@horizonteminerals.com 
 
 Peel Hunt (NOMAD & Joint Broker) 
 Ross Allister 
  David McKeown                            +44 (0)207 418 8900 
 
 Tavistock (Financial PR) 
 Gareth Tredway                            +44 (0) 207 920 3150 
  Annabel de Morgan                         horizonte@tavistock.co.uk

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.

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(END) Dow Jones Newswires

September 02, 2020 02:06 ET (06:06 GMT)

Horizonte Minerals Share News (HZM)