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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Troy Resources Ltd (CE) | USOTC:TRYRF | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.0001 | 0.00 | 00:00:00 |
From Feb 2020 to Feb 2025
Horizonte Minerals PLC (HZM.LN), an AIM quoted exploration and development company focused in Brazil, announced Monday it made a pretax loss of GBP0.69 million for six months ended June 30, 2010, compared with a narrower loss of GBP0.42 million.
MAIN FACTS:
-Revenue: nil (2009: nil)
-Operating Loss: GBP0.69 million (2009: GBP0.42 million)
-Loss per share: 1.16 pence (2009: Loss 1.02 pence)
-Net Cash: 0.49 million (2009: 1.28 million)
-Dividend: n/a
-New enlarged Horizonte is a focused nickel and gold exploration and development company in Brazil with the support of two mining majors Teck Resources and AngloGold
-Transformational deal completed in August 2010 to acquire 100% of the advanced Araguaia nickel project in the Carajás mineral district of northern Brazil
-Combination of Araguaia nickel project with Lontra project has the potential for a 100 million ton resource with grades comparable to other world class projects in Brazil
-Development plan in place to define a 43-101 resource at the Araguaia Nickel Project by the end of 1H, 2011
-Fully funded AngloGold three year exploration alliance to generate and develop new gold targets in Brazil - $5.3 million earn-in with first year minimum commitment of $0.9 million now completed
-$4.5 million 51% earn-in agreement signed up with AngloGold for Horizonte's Falcao gold project, located in northern Brazil - first year cash commitment of $900,000 in a three year agreement
-Continued evaluation of the Tangara gold project in Brazil by option partner Troy Resources NL
-Completed GBP5.1 million fundraising in August 2010 - strong treasury and a supportive institutional shareholder base
-Shares at 0821 GMT stood at 12.25 pence.
-By Zechariah Hemans, Dow Jones Newswires; 44-20-7842-9411; zechariah.hemans@dowjones.com
Order free Annual Report for Horizonte Minerals Plc
Visit http://djnweurope.ar.wilink.com/?ticker=GB00B11DNM70 or call +44 (0)208 391 6028
Order free Annual Report for AngloGold Ashanti Limited
Visit http://djnweurope.ar.wilink.com/?ticker=US0351282068 or call +44 (0)208 391 6028
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