Horizonte Aims to Raise 3.082 Million Pounds for Brazil Nickel Project
Horizonte Minerals plc (TSX:HZM) announced that it plans to raise 3.082 million pounds before expenses through the placing of 41,093,327 new ordinary shares. The company will use the proceeds to fund its wholly owned, Brazil-based Araguaia nickel project to the end of its prefeasibility study.